LINK on the brink of shortage and integration in Saudi Arabia
Date: 2025-09-18 Author: Oliver Abernathy Categories: BUSINESS
The cryptocurrency market is witnessing interesting dynamics around Chainlink. The LINK token has reached its lowest exchange offering levels in years, indicating active accumulation by long-term-oriented investors. Simultaneously, one of Saudi Arabia's largest banks, Saudi Awwal Bank, which manages over $100 billion in assets, announced plans to use Chainlink technology to implement next-generation on-chain applications. This move strengthens institutional adoption of the Oracle infrastructure.
The withdrawal of tokens from centralized exchanges reduces the amount of available spot liquidity. This trend indicates growing confidence among major holders in LINK's prospects and creates conditions for possible price growth due to supply shortage. However, analysts emphasize that simple announcements of integration do not always translate into immediate capital inflows, as real results only emerge after the practical implementation of products.
The adoption of Chainlink solutions by banks and corporations could expand demand for key infrastructure elements such as nodes, data feeds, and security services. This transforms the project from a traditional "DeFi oracle" into a critical tool for the tokenized asset (RWA) market and institutional applications.
In recent months, Chainlink has been actively expanding its partnerships. For example, the company teamed up with UBS and DigiFT to enter the Chinese RWA market and partnered with Polymarket to provide decentralized oracles to improve the reliability of on-chain forecast bets.
The market is reacting mixedly. Some experts believe LINK could reach $52, its all-time high, if Bitcoin accelerates to $150,000. Others point to the formation of a "double bottom" technical pattern, which could signal an impending reversal to the bullish trend. However, LINK's current price is still approximately 56% below its ATH, leaving room for significant movement.
Interestingly, news of new Chainlink integrations doesn't always cause significant price movements. Some traders believe the market perceives the project as an established enterprise-grade standard, and the impact of these partnerships is gradually dissipating rather than leading to sudden price increases.
Therefore, the combination of LINK supply reduction, strategic partnerships, and institutional interest could lay the foundation for a breakthrough. However, the key factor will remain the practical application of Chainlink's solutions and the speed of their integration into financial systems.
