Chainlink (LINK) Gains Momentum Above $18 as Real-World Adoption Expands

Chainlink’s native token, LINK, is holding steady around $17.87, hovering just above the crucial $18 level in a volatile Tuesday trading session. The token saw a 91% surge in trading volume, reaching 2.27 million tokens, signaling heightened market activity and institutional interest. Despite this momentum, the $19 resistance level continues to act as a strong barrier, capping recent rally attempts, according to CoinDesk Research’s market model.

In a major development, Chainlink announced a strategic partnership with Balcony, a real estate tokenization platform collaborating with local governments. The partnership leverages Chainlink’s Runtime Environment (CRE) to bring over $240 billion in verified property data onchain, making real estate assets more programmable, transparent, and verifiable. Through its Keystone platform, Balcony will utilize Chainlink CRE to facilitate authenticated data flowfor compliant digital real estate markets, marking a milestone in the tokenization of real-world assets (RWAs).

Additionally, Virtune, a regulated Swedish digital asset manager, has integrated Chainlink’s Proof of Reserve serviceacross its $450 million digital asset exchange-traded products (ETPs). This integration enables real-time verification of asset holdings without revealing wallet addresses, ensuring greater transparency and investor confidence in the underlying assets.

From a technical standpoint, LINK shows strong support near $18.21, with resistance around $18.82–$19.00. The ascending price structure and breakout volume confirm an uptrend, with bullish targets aiming for the $19 psychological mark while downside risk remains limited to the $18.40 zone.

With growing institutional use cases, declining exchange reserves, and renewed whale accumulation, Chainlink’s expanding ecosystem reinforces optimism for LINK as it enters November — positioning the token as a leader in real-world asset tokenization and decentralized data verification.