Key Notes
- Chainlink price hit $25 on Sept 13, notching 15% weekly gains.
- Polymarket confirmed live Chainlink oracle integration on Polygon mainnet.
- Open interest slipped despite a 7% jump in trading volumes.
Chainlink price grazed the $25 mark on Saturday, Sept 13, stretching weekly timeframe gains to 15%. The surge comes as Polymarket officially adopted Chainlink’s feed for the settlement of price-related wagers. Both entities confirmed the operational partnership in a Friday press release, stating the integration is live on the Polygon mainnet.
According to the statement, the upgrade enables the creation of secure, real-time prediction markets across hundreds of crypto trading pairs. It also introduces the potential for Chainlink to settle markets involving subjective questions, reducing reliance on social voting mechanisms and easing resolution risk.
By adopting Chainlink data streams, the integration allows for low-latency, verifiable price reports and automated on-chain settlement. This provides Polymarket with near-instantaneous resolution capabilities, particularly in cases involving deterministic outcomes, such as Bitcoin or Ethereum price predictions.
The LINK price action reflected initial enthusiasm around this news on Friday, before momentum flash overheating signals.
Coinglass’ derivatives data reinforces this narrative as Chainlink open interest held at $1.7 billion, down 0.02% intraday, even as trading volumes climbed 7.3%. This suggests the majority of the intraday speculative activity was from traders trimming down LINK futures positions, as market sentiment approaches euphoric peaks.
LINK Price Forecast: Can Bulls Sustain Momentum Above $25?
From a technical perspective, the daily Chainlink price chart shows a 15.9% rally over six sessions, bouncing from the $22 support level, to intraday peaks around $25 on Saturday.
The 5-day and 8-day SMAs have crossed back above the 13-day, forming a Golden Cross signal at $24. RSI sits at 65, below overbought territory, indicating room for more upside.
Chainlink (LINK) Technical Price Forecast | TradingView, LINKUSDT 24H Chart, Sept 13, 2025
If LINK price closes decisively above $25, the next key target lies near $28, where the 42% breakout in reactions to data partnership with the US Government halted in August.
On the downside, failure to hold above $24 could invite a retest of the $23.30 support area. A breakdown below that would nullify the active Golden cross upside catalyst, potentially sending LINK towards the next psychological support level at $20.
SUBBD Presale Gains Momentum as Solana’s Corporate Adoption Sparks Market Interest
As Chainlik benefits from recent institution partnerships, early-stage projects like SUBBD ($SUBBD), with innovative utility features are also gaining traction..
SUBBD blends creator-fan engagement with real-world use cases, allowing fans to interact with creators while tapping into AI-driven content personalization.
SUBBD Presale
Currently priced at $0.05625, the presale has raised $1.13 million of its $1.4 million target, leaving limited discounted tiers available.
Prospective participants can still secure SUBBD tokens directly through the official website before the next price cap is unlocked.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.
Ibrahim Ajibade on LinkedIn
Source: https://www.coinspeaker.com/chainlink-price-analysis-open-interest-stalls-below-2b-despite-polymarket-partnership/
