Chainlink Sees 1,963 New Addresses as CCIP Adoption Could Support Price Upside

  • 1,963 new addresses on Oct 1 — highest daily spike in over a month

  • LINK holds key support at $20.24 with breakout targets up to $46.31

  • CCIP, Data Streams, and institutional pilots (Swift, UBS Asset Management) underpin adoption metrics

Chainlink adoption surges as 1,963 new addresses lift LINK; read price targets, on-chain data, and actionable takeaways for traders and investors.

Chainlink ($LINK) received 1,963 new addresses on Oct 1, the highest in a month, signaling strong adoption.

Chainlink roared back to life on October 1, adding a record 1,963 new addresses as LINK surged over 10% this week. With fresh tech integrations and growing adoption, bullish momentum is building fast despite a slight daily dip.

What caused Chainlink’s new-address surge on Oct 1, 2025?

Chainlink adoption spiked after on-chain metrics recorded 1,963 new addresses on Oct 1, 2025, the largest daily rise in weeks. This increase aligns with CCIP rollouts, Data Streams integrations, and institutional pilot announcements, which together boosted network activity and investor interest.

How many new Chainlink addresses were added and why it matters?

On-chain data provider Glassnode reported 1,963 new addresses for Chainlink on Oct 1, a clear uptick from the September daily range of 1,100–1,700. New-address growth is a leading indicator of user adoption and can precede extended price rallies when coupled with demand drivers.

image 39
Source: Ali Charts Via X

How is LINK’s price reacting to the address growth?

LINK’s price rebounded to $22.59 following the address surge, riding a short-term recovery trend. The correlation between rising new addresses and price suggests increased demand and participation, which technical setups may confirm if resistance levels are cleared.

TradingView shows LINK holding the $20.24 support (0.786 Fibonacci). Bulls are eyeing a breakout in the $23–$24 zone. Confirmed breaches could target $28.98, $35–$39, and a full extension to $46.31. Current price actions show a 3-day gain of 4.09% and price testing the mid-line of an ascending parallel channel.

image 40
Source: Ali Charts Via X

Why do CCIP and real-world integrations matter for adoption?

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Data Streams integrations expand utility by enabling secure cross-chain transfers and real-time data feeds. The Worldcoin Data Streams integration and Cross-Chain Token standard lower developer friction and increase potential end-user reach.

Chainlink Labs and Tools for Humanity characterized the upgrades as pivotal for scaling DeFi and cross-chain payments. These fundamentals complement on-chain metrics, making the adoption signal stronger than isolated price moves.

When did institutional pilots add confidence to LINK’s outlook?

Institutional pilots with Swift and UBS Asset Management showcased tokenized fund use cases at Sibos, highlighting enterprise interest in Chainlink’s oracle and cross-chain services. These pilots provide institutional validation that supports medium-term adoption narratives.

Frequently Asked Questions

How does new-address growth affect LINK’s price?

New-address growth increases on-chain demand signals, often preceding price rallies when paired with positive fundamentals. For LINK, rising addresses have coincided with higher trading volumes and renewed bullish technical setups.

Is the CCIP integration already live?

CCIP integrations have begun rolling out, with Data Streams and the CCT standard enabling cross-chain token flows. Adoption timelines vary by project, but early integrations with Worldcoin demonstrate practical use cases.

Key Takeaways

  • On-chain signal: 1,963 new addresses on Oct 1 — strongest daily spike in weeks.
  • Technical levels: Key support at $20.24, breakout zone $23–$24, targets to $46.31.
  • Fundamental drivers: CCIP, Data Streams, CCT standard and institutional pilots strengthen adoption thesis.

Conclusion

Chainlink adoption appears to be accelerating: 1,963 new addresses, CCIP integrations, and institutional pilots together present a cohesive growth story for LINK. Traders should monitor the $23–$24 breakout and on-chain flows for confirmation, while developers watch CCIP rollouts for long-term utility gains.






Published: 2025-10-02 · Updated: 2025-10-02 · Author: COINOTAG

BREAKING NEWS

Trump Urges End to Record-Breaking 40-Day U.S. Government Shutdown on Truth Social

In the wake of a protracted U.S. government shutdown,...

Ethereum (ETH) Whale Opens 25x Long Worth $6.8M at $3,420.6 with $3,358.4 Liquidation Price

COINOTAG News, citing HyperInsight monitoring, reports that the Former...

FTX Creditor Payouts Total $7.1B as Sunil Reveals $160–$170B Asset Base; 2025 Installments and January 2026 Eligibility Deadline

COINOTAG News, November 9, reported that FTX creditor representative...

Ethereum (ETH) 25x Long by Huang Licheng Reaches $13.2M, Opened at $3,365.5 with $3,321.4 Liquidation Price

COINOTAG News, citing HyperInsight, notes that trader Huang Licheng—known...

Oman Plans 10% GDP Boost from Digital Economy by 2040

Oman's National Digital Economy Programme...

University of Lagos VC Calls for Homegrown AI to Tackle African Challenges

African countries must prioritize homegrown artificial intelligence solutions to...

XRP’s Q4 Rally Faces Hurdles Amid Ripple Growth and Investor Divergences

XRP is struggling despite Ripple's institutional growth...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img