Chainlink Expands SWIFT Collaborations: LINK Forecast for October
SWIFT is integrating with Chainlink, and UBS is currently testing fund transactions, bringing traditional finance closer to large-scale distributed record implementation. Could this integration lead to an increase in LINK prices? Here’s a prediction for LINK.
Chainlink has introduced a new link with SWIFT that enables banks to initiate tokenized fund subscriptions and redemptions directly on-chain via standard ISO 20022 messages.
The operation is facilitated through the Chainlink Runtime Environment (CRE) and was piloted with UBS Tokenize during the Sibos event.
How Does Chainlink Integrate SWIFT Messages with Blockchain Transactions?
The integration preserves existing systems while connecting them to distributed ledger networks. Banks can continue using the familiar SWIFT system, with CRE converting ISO 20022 instructions into blockchain actions.
This pilot employed Chainlink’s Digital Transfer Agent (DTA) standard to oversee tokenized fund orders throughout the subscription and redemption processes.
As part of this integration, the objective is to enhance the adoption of tokenization in the $100 trillion global fund sector. Progress has been slow due to the necessity of maintaining current back-office systems.
According to the companies involved, adding distributed ledger operations to SWIFT’s established messaging network enables banks to transfer funds on-chain without costly modifications.
This initiative builds on past efforts, such as Project Guardian in 2024, which looked into how tokenized assets could fit into traditional financial frameworks.
Chainlink’s integration is viewed by analysts as a crucial shift connecting the banking sector and the digital currency crypto market, evidenced by extensive media coverage within the crypto community showcasing its scale and potential.
Chainlink described its new SWIFT interface as a plug-and-play solution aiming to reduce operational friction for banks while automating compliance and reconciliation tasks.
Chainlink’s coin, LINK, was trading around $22-$23 on Tuesday, reflecting a 6% increase over a 24-hour period amidst a wider market recovery. Data from CoinGecko indicated a daily price range between $21.04 and $22.47, with a crypto market capitalization of approximately $15.2 billion.
Recent trading sessions have established a short-term base level zone around $21-$20. A dip below this threshold could expose levels from August and September at $18-$19.
On the higher end, intraday measurements near $22.5 position $24-$25 as the next barrier level to examine, based on peaks from June. A robust daily close above this range could trigger a retest of the $26-$28 area observed during previous surges.
The pilot conducted with UBS Tokenize during Sibos is part of an effort to transition conventional fund workflows to blockchain without dismantling current systems.
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Chainlink Price Prediction: Will LINK Stay Above $20?
Trading market analyst Ali Martinez pointed out that if this base holds, LINK could gain momentum towards $47.
If Chainlink $LINK defends $20 support, the next target could be $47. pic.twitter.com/GUTAuMdJyH
— Ali (@ali_charts) September 30, 2025
Charts suggest that LINK has been moving within an upward channel since mid-2023, with both the upper and lower bounds serving as reliable indicators of the increasing trend.
The latest rebound originated from the 0.786 Fibonacci retracement level at $20.11, highlighting substantial technical price floor. Should prices fall below this mark, they might approach $15, aligning with the 0.618 retracement level.
Currently, LINK has been having difficulty breaking the 25 to 29 barrier level barrier. This zone comprises the midline and crucial Fibonacci levels of the channel.
If LINK breaches its current level of $29.11, it may trigger a swift bullish and reach the channel’s peak.
LINK has a tendency to consolidate prior to significant movements, and this behavior is reflected in present forecasts.
If the uptrend trajectory persists, the main target will be $46.59, located near the 1.272 Fibonacci extension and the top of the channel. This would represent a doubling from the current price, contingent on the $20 price floor being maintained.
Overall, LINK is at a pivotal moment. Sustaining above $20 keeps bulls in command with the $30 range as the initial obstruction. However, losing this support could send LINK back to mid-teen figures before any new rally attempts.
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The post Chainlink Deepens SWIFT Integrations: LINK Price Prediction for October appeared first on 99Bitcoins.
