In Chainlink news today, Canton Network has announced a partnership with Chainlink Labs that will see it become a Canton Network ‘super validator’. Canton is an institutional blockchain backed by global banks and technology firms.

The LINK price has remained flat over the past 24 hours, trading at around $21.8, showing no reaction to the news. However, there is a growing sentiment that Chainlink’s native token is poised for a move toward $50.

Institutional partnerships, such as the one with Canton, coupled with rumors that payments behemoth SWIFT may be launching a Chainlink Node and the LINK chart signaling a massive upside move, are all leading smart traders to load up while it is trading close to $20.

In Chainlink news today, a partnership has been announced that will integrate Chainlink’s data services, including smart data and the cross-chain interoperability protocol (CCIP), with the Canton Network. The Canton Network has also joined the Chainlink Scale program to help cover oracle operating costs.

As part of the agreement, Chainlink Labs will serve as a “super validator” on the Canton Network, functioning as both a domain validator and a Canton synchronizer node. This role will facilitate consensus and interoperability for cross-domain transactions, ensuring seamless integration across various domains.

Yuval Rooz, CEO of Digital Asset, the developer of the Canton Network, remarked that Chainlink will enhance governance and resilience, while creating more opportunities for innovation in both traditional and decentralized finance. Chainlink co-founder Sergey Nazarov expressed hope that the collaboration will lead to large-scale real-world use cases integrating both financial sectors.

Launched in May 2023, the Canton Network is an institutional blockchain designed to support tokenization and large-scale financial operations, backed by major firms including Microsoft, Goldman Sachs, and BNP Paribas. Its governing body has rebranded from the Global Synchronizer Foundation to the Canton Foundation.

DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now 

By applying the Elliott Wave technical indicator to the LINK 1-day chart, it is evident that Wave 3 has now been completed and a textbook ABC correction is unfolding. It shows that Chainlink is trading right in a potential trend reversal zone, at the 38.2% retracement (Elliott Wave 4).

Given that Wave 2 corrected deeply, this area around $21 could be a valid candidate for confirming a Wave 4 bottom. As of now, the ABC correction has played out perfectly, and on the daily chart, LINK appears to be forming a hammer candle, which, if confirmed, could serve as a bullish reversal signal.

An expansive Wave 5 could take LINK towards $50+, with the minimum expansion zone between $39 and $49. Link currently resides in a high-probability accumulation zone between $20 and $22, with significant upside potential due to the growing institutional adoption of Chainlink and its oracle technology.

The Chainlink news today of its partnership with Canton is just the latest in a long list of large-scale collaborations, with rumors already emerging of more announcements to come at its SmartCon conference in November.

The Chainlink news today of its partnership with the Canton Network is the latest in a long line of huge announcements. Is LINK breaking out?

(SOURCE: TradingView)

BONUS: Pepenode (PEPENODE) Hits $1.4M in ICO Funding – Best 100x Memecoin Play for Q4?

While today’s Chainlink news has rumors circulating of SWIFT launching a Chainlink Node, Pepenode (PEPENODE) is taking the memecoin sector by storm with its gamified virtual mining setup. It allows presale investors to earn rewards by setting up virtual mining rigs.

So, not only do traders have the option of investing in one of the hottest memecoin presales of 2025, but the Pepenode team is also offering fun ways to multiply earnings with its virtual mining play.

Billed as a ‘Mine-to-Earn’ memecoin, users can build their own virtual meme coin mining rig, buy nodes for their rig to build out their server room, and even combine nodes for huge bonuses.

You can even upgrade your facility to maximize your mining capabilities. The top miners are rewarded in various memecoins, including MEMENODE, FARTCOIN, PEPE, and more.

There is also a built-in staking protocol for the Pepenode presale, offering an APY of over 900% for those wishing to maximize their gains with this revolutionary ICO.

The combination of mining, staking, and progressive funding rounds makes PEPENODE one of the most hyped and rewarding presales of 2025, with many analysts already predicting it to surpass $10M in funding.

At this stage of the presale, the PEPENODE token is currently worth $0.0010702. Just under three hours remain until the price is locked in and gains are secured for anyone invested here or in prior rounds.

Visit PEPENODE Here

EXPLORE: Best Meme Coin ICOs to Invest in 2026

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Alex Ioannou
Alex Ioannou
On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

Free Bitcoin Crash Course

  • Enjoyed by over 100,000 students.
  • One email a day, 7 days in a row.
  • Short and educational, guaranteed!

Secure, Seamless, Smart — Join the Future of Crypto with BestWallet

  • No KYC
  • Trade & Swap Directly In the Wallet
  • Built-in Crypto Presale Launchpad
Secure, Seamless, Smart — Join the Future of Crypto with BestWallet
Back to top