Chainlink (LINK) continues to show activity in the market, while its collaboration with SWIFT opens new horizons for interbank messaging. This article reviews the current market metrics of LINK, details of the collaboration with SWIFT, and the expansion of the Chainlink BUILD program.
Current Market Metrics for Chainlink (LINK)
Chainlink (LINK) is currently priced at $12.77, down 2.26% compared to the previous day. Over the past week, the token has decreased by 8.48%, and on a monthly basis, it shows an 18.58% loss. In the last six months, LINK has declined by 42.18%, with a year-to-date drop of 35.96%. This correction has significantly lowered the token below its yearly highs near $22.00, placing it 76% below its all-time high of $52.99 reached in 2021.
Collaboration between Chainlink Labs and SWIFT
During a fintech roundtable, Chainlink Labs reaffirmed its collaboration with SWIFT, stating that the Cross-Chain Interoperability Protocol (CCIP) will be foundational for interbank communication across public and private blockchains. These pilot programs are expected to scale into production environments in the second half of 2025, especially as more traditional finance begins testing tokenized securities settlement systems.
Expansion of Chainlink BUILD Program
This week, the Chainlink BUILD program was expanded to include new mid-cap DeFi startups from Asia and the Middle East. These protocols gain enhanced access to Chainlink services in exchange for token incentives, demonstrating that Chainlink continues to grow its developer network despite market volatility.
The partnership between Chainlink and SWIFT, coupled with the active development of the Chainlink BUILD program, highlights the company's positive direction amid a volatile market environment. Expectations for the implementation of CCIP by 2025 provide new opportunities for integrating traditional finance with DeFi.
