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CHAINLINK UNE Alliance with important Saudi Bank

by James Carter Senior News Editor

Chainlink Seals Historic Deal with Saudi Bank, Igniting Institutional Blockchain Revolution

RIYADH, SAUDI ARABIA – September 18, 2025 – In a move poised to reshape the landscape of blockchain adoption, Chainlink, the leading decentralized oracle network, has announced a strategic partnership with Awwal Bank, a major financial institution in Saudi Arabia boasting over $100 billion in assets. This collaboration isn’t just another crypto headline; it’s a powerful signal that blockchain technology is moving beyond the realm of decentralized finance (DeFi) and into the heart of traditional finance. For those following the crypto space, this is a big deal – and we’re breaking it down for you.

Awwal Bank Chooses Chainlink to Power Next-Gen Blockchain Applications

Awwal Bank’s decision to integrate Chainlink’s services underscores the growing demand for reliable and secure blockchain infrastructure within established financial institutions. The bank intends to leverage Chainlink’s oracle network to support the development of new-generation blockchain applications, effectively bridging the gap between traditional systems and the decentralized web. This isn’t about simply *using* blockchain; it’s about building entirely new financial products and services on top of it.

“We’re seeing a fundamental shift,” explains Dr. Anya Sharma, a leading blockchain analyst at Global Tech Insights. “For years, institutions have been cautiously observing the crypto space. Now, they’re actively seeking partners like Chainlink to help them unlock the potential of blockchain without sacrificing security or regulatory compliance.”

Technical Analysis: Is LINK Primed for a Breakout?

The news arrives at a potentially pivotal moment for Chainlink’s price (LINK). Market analysts are closely watching a classic “double bottom” technical pattern forming on LINK’s price charts. Currently, the price is testing a key resistance level around the neckline of this pattern. A confirmed breakout above this level could signal a significant investment trend following a period of consolidation. Adding fuel to the fire, decreasing liquidity on exchanges suggests that any substantial capital inflow could amplify price volatility.

Crypto Patel, a popular technical analyst, shared a chart on X (formerly Twitter) highlighting a bullish setup, noting price respecting an orderflow block, a liquidity sweep, and a market structure shift – all indicators pointing towards a potential upward surge. (See Tweet embedded below)

LINK Price Predictions: $52 by Year-End?

While past announcements haven’t always resulted in immediate price spikes, the long-term implications of this partnership are substantial. Analysts are forecasting a potential return of LINK to $52 before the end of the year, a new all-time high, contingent on Bitcoin reaching its anticipated $150,000 milestone. This optimistic outlook is driven by the combination of growing institutional adoption and a constrained supply of LINK tokens.

Evergreen Insight: Oracles like Chainlink are the critical link (pun intended!) between blockchains and the real world. They provide the data necessary for smart contracts to execute based on external events, making them essential for a wide range of applications beyond cryptocurrency, including supply chain management, insurance, and gaming.

How to Buy Chainlink (LINK) on Zoomex

Interested in getting involved? Here’s a quick guide on how to purchase LINK on Zoomex:

  1. Register with a valid email address and confirm your account.
  2. Complete the KYC (Know Your Customer) verification process with a valid identity document.
  3. Deposit USDT, BTC, or use a bank card to fund your portfolio.
  4. Select LINK/USDT in the spot market and place your order at the current price (around $22-$23 at the time of writing) or set a limit order.

This partnership with Awwal Bank isn’t just a win for Chainlink; it’s a testament to the maturing blockchain ecosystem. As more institutions recognize the transformative potential of this technology, we can expect to see further integration and innovation, ultimately driving the next wave of digital transformation. The future of finance is being built, and Chainlink is playing a central role.

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