LINK Rises 8% Following Partnerships with Bottomline and U.S. Department of Commerce

In Crypto Regulations
September 04, 2026

LINK Rises 8% Following Partnerships with Bottomline and U.S. Department of Commerce

On September 4, the price of Chainlink (LINK) surpassed $12, marking an 8% increase over the past 24 hours and nearly 50% over the past month.

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Hourly chart of LINK/USDT on Binance. Source: TradingView.

The asset’s market capitalization reached $9 billion with a FDV of approximately $12 billion. As of now, LINK ranks 13th by market value.

SWIFT and Trade Indices

While the coin’s rise coincides with a general cryptocurrency rally, Chainlink has bolstered its position with several significant announcements.

On September 3, the project team announced a strategic partnership with Bottomline, one of the top three service providers for the SWIFT payment system.

According to the statement, Bottomline processes over $16 trillion in payments annually, serving more than 600 banks.

As part of the partnership, Chainlink will provide a “secure level of interaction and orchestration,” linking Bottomline’s existing payment infrastructure with public and private blockchains.

Banks will be able to use ISO-20022 standard messages to access on-chain payment infrastructure through a single connection, without being tied to a specific network.

Additionally, on September 1, Chainlink announced that the U.S. Department of Commerce will begin using the project’s infrastructure to transfer macroeconomic data onto the blockchain.

This includes three metrics:

  • Real GDP;
  • PCE Price Index;
  • Real Final Sales to Private Domestic Purchasers.

The initiative will allow blockchain applications connected to Chainlink’s infrastructure to access up-to-date U.S. government economic data.

In August, analysts at Standard Chartered raised their forecast for LINK to $200 by the end of 2030, citing Chainlink’s role as key infrastructure for tokenized assets.

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Steven M. Crimmins is a cryptocurrency strategist and freelance writer who has followed the blockchain industry since Bitcoin’s early days. Known for his sharp analysis of altcoins and trading strategies, Steven provides Satoshi News Africa readers with market-focused content grounded in research. He is especially interested in how African traders are adopting crypto as an alternative to traditional markets. Steven is also a podcast host, where he discusses emerging technologies and investment trends.