TLDR
- Chainlink gained 38.6% in August, reaching levels similar to November 2024 rally patterns
- New and Active Addresses on Chainlink network trending higher since June, matching November 2024 levels
- SBI Group partnership announced for tokenization, cross-border payments, and stablecoin infrastructure
- NVT Signal at same levels as early November 2024 when LINK rallied from $10.56 to $29.26
- Technical analysis shows bullish structure with key support at $24.3-$25 range
Chainlink has posted strong gains during August, rising 38.6% over the past 30 days despite broader market volatility around Bitcoin. The oracle network token has maintained bullish momentum while many other cryptocurrencies faced headwinds.
On-chain data reveals increasing network activity that mirrors patterns from November 2024. The New Addresses count has been trending higher since June, reaching 2,163 at current levels. This matches activity seen in November 2024 when LINK began its major rally.
Active Addresses on the Chainlink network show similar patterns. The metric has been climbing steadily and now approaches levels from November 2024. This increased network activity suggests growing adoption and usage of Chainlink’s oracle services.
The Network Value to Transactions Signal (NVTS) provides another bullish indicator. This metric compares market cap to transaction volume using a 90-day moving average. LINK’s NVTS currently sits at levels seen in early November 2024.
During that period, Chainlink rallied from $10.56 to $29.26. The similar NVTS levels suggest the token could have room for further gains if historical patterns repeat.
Major Partnership Boosts Adoption
Chainlink announced a partnership with SBI Group, one of Japan’s largest financial institutions with over $200 billion in assets. The collaboration aims to accelerate blockchain adoption across Japan and the Asia-Pacific region.
Chainlink 🤝 SBI Group
One of Japan's largest financial conglomerates is officially working with Chainlink on enabling cross-chain tokenized real-world assets, such as real estate and bonds
This includes the use of Chainlink CCIP, SmartData (NAV), and Proof of Reserve to unlock… pic.twitter.com/28CcV0LnnI
— Zach Rynes | CLG (@ChainLinkGod) August 25, 2025
SBI Group brings decades of banking and investment experience to the partnership. The company will leverage Chainlink’s oracle services and Cross-Chain Interoperability Protocol (CCIP) for various use cases.
The partnership will focus on tokenizing real estate assets and government bonds. Chainlink’s CCIP will manage these assets, enabling secure cross-blockchain transactions while meeting compliance requirements.
Cross-border payments represent another key application. The companies plan to build payment versus payment systems for foreign exchange transactions using CCIP technology.
Chainlink SmartData will publish net asset value data for on-chain tokenized funds. This aims to increase efficiency and provide better liquidity for fund managers.
A survey by SBI Digital Asset Holdings found strong institutional interest in tokenized assets. Among 50+ financial institutions surveyed, 76% said they would invest in tokenized securities for faster settlement and cost benefits.
Chainlink Price Prediction
The 4-hour chart shows Chainlink trading within a rising channel pattern. The token recently broke above the $24.88 resistance level and is testing this area as support.
Key moving averages and technical indicators support the bullish case. The Awesome Oscillator and Accumulation/Distribution indicator both favor buyers at current levels.
The $24.3 to $25 range represents important demand zone support. If this level holds, LINK could target the channel highs near $29.26. This would match the peak reached during the November 2024 rally.
Chainlink co-founder Sergey Nazarov highlighted the importance of the SBI partnership. He noted that earlier collaborative efforts in tokenization and stablecoin development are now scaling to larger implementations.
SBI Holdings CEO Yoshitaka Kitao said Chainlink’s infrastructure complements SBI’s financial expertise. Both companies share a vision for compliant and secure cross-border finance and tokenized asset systems.
This marks the second collaboration between the companies. They previously worked together on UBS Asset Management’s Project Guardian in Singapore, which prototyped automated fund services using smart contracts.
The partnership positions Chainlink to capture growing demand for institutional blockchain infrastructure. As traditional finance embraces tokenization, oracle services become increasingly important for connecting on-chain and off-chain data.
LINK currently trades above the key $24.88 level that previously acted as resistance. The token is positioned to potentially test higher levels if the bullish momentum continues and the $24.3-$25 support zone holds firm.
