ChainLink USD (LINK-USD) has become the focus of cryptocurrency investors due to its enormous potential in practical applications. Although the current price is in a corrective state, this presents a good buying opportunity for investors.
With the booming development of the crypto market in 2025, ChainLink may experience significant growth, becoming an essential force that cannot be ignored in the market.
How does ChainLink change business transactions?
ChainLink's technology simplifies many business transaction processes on the Ethereum platform through the implementation of smart contracts, eliminating dependence on traditional intermediaries.
ChainLink is not limited to the cryptocurrency field; its technology has been adopted by top global financial institutions such as Sygnum, SWIFT, and UBS. These collaborations promote transparency and efficiency in financial transactions. Furthermore, in areas like Web3 gaming and weather forecasting, ChainLink has also demonstrated its wide application potential.
What is ChainLink?
ChainLink is a 'oracle' technology whose core function is to securely transmit real-world data off-chain to the blockchain. This technology was proposed by Sergey Nazarov and Steve Ellis in 2017, supported by Cornell University professor Ari Juels.
ChainLink operates on the Ethereum (ETH-USD) blockchain, supporting various decentralized applications (DApp), particularly excelling in the execution of smart contracts.
Typical application scenarios for smart contracts:
If the supplier delivers on time, pay the full amount; delayed delivery results in a reduction of payment according to the agreement (e.g., if delivered the next day, only 99% is paid).
In lending agreements, the system can automatically monitor the value of collateral, and if the value drops below a certain threshold, the system will automatically liquidate the assets.
These smart contracts execute without intermediary intervention, enhancing the efficiency and transparency of business transactions.
Real-world application cases of ChainLink
ChainLink's technology has been widely applied in decentralized finance (DeFi), blockchain gaming, data services, and other fields, becoming an important infrastructure driving the digital economy.
Financial Sector: ChainLink promotes on-chain asset management
ChainLink collaborates with the world's leading digital asset bank Sygnum to provide real-time net asset value (NAV) data. By tokenizing $50 million of financial reserves, ChainLink's technology ensures that asset data can be securely and accurately synchronized and updated on the blockchain, providing clients with highly transparent real-time data.
Additionally, ChainLink has helped SWIFT and UBS Asset Management optimize the integration of digital assets with traditional payment systems, supporting cross-border clearing and settlement. This innovation enhances capital liquidity while reducing inefficiencies in traditional finance, paving the way for the widespread adoption of digital assets.
Web3 games: Creating a fair and transparent gaming environment
In decentralized games, ChainLink provides developers with oracle services to ensure dynamic distribution and unpredictability of game rewards. Rewards and achievements gained by players in the game are recorded on the blockchain, ensuring transparency and immutability.
For example, ChainLink can dynamically adjust reward distribution based on player achievements or external conditions (such as weather or time), providing players with a greater sense of participation and enjoyment in the game.
Innovative applications of weather forecasting services
Weather forecasting agency AccuWeather utilizes ChainLink to transmit real-time weather data to the blockchain, providing users with more reliable financial and insurance products. For example, weather-based insurance products, dynamically generated NFTs, and weather-related market predictions all benefit from ChainLink's technological support.
Overview of global crypto tax policies
As cryptocurrencies become more popular, governments around the world are tightening tax regulations on crypto assets. Depending on the region, there are significant differences in the details and applicability of tax policies.
United States
In the United States, cryptocurrencies are classified as 'digital assets,' similar to stocks and bonds. Here are some typical tax scenarios:
Non-taxable events: Purchasing and holding cryptocurrencies or donating them to charity.
Taxable events: Selling cryptocurrencies or using cryptocurrencies to purchase goods or services are subject to capital gains tax; mining or staking rewards must be taxed as income.
The IRS currently requires exchanges to report users' asset holdings, further strengthening tax compliance.
United Kingdom
The UK regards cryptocurrencies as capital assets, and trading gains are subject to capital gains tax (CGT):
Tax Rate: The basic tax rate is 10%, with high-income earners paying rates as high as 24%. There is an annual tax-free allowance of £3,000.
Income Tax: Mining and cryptocurrency salary income are subject to personal income tax.
European Union
The crypto tax policies of EU member states vary widely:
Germany: Cryptographic assets held for more than one year are tax-free, while short-term trading is subject to a maximum tax of 45%.
Spain: Regardless of how long the assets are held, gains are subject to taxes ranging from 19% to 28%.
Portugal: Tax rates range from 14.5% to 53%, with capital gains tax set at 28%.
The EU is striving to achieve unified standards through the (Crypto Asset Market) (MiCA) regulatory framework, but the specific tax rates for member countries are still determined by each country. If you are interested in investing in cryptocurrencies but do not want to buy Bitcoin or Ethereum directly, a cryptocurrency ETF (Exchange-Traded Fund) may be a more suitable choice. Through a crypto ETF, investors can indirectly invest in crypto assets, reducing trading complexity while minimizing the risks of directly holding digital assets.
Here are some suggested steps for investing in cryptocurrency ETFs:
Open a securities account: Choose a reliable brokerage that supports US stock trading. After opening the account, you can invest in cryptocurrency ETFs. Additionally, these accounts typically come with associated bank accounts for convenient fund management and transfers.
Utilizing multifunctional wallets: multi-asset digital wallets like BiyaPay can help users easily convert USDT or other stablecoins into fiat currencies after depositing, and then transfer them to brokerage accounts to complete the investment process.
BiyaPay offers fast fund transfer services, supporting USDT deposits and direct withdrawals in USD, with various methods including wire transfers and ACH. Notably, using ACH for deposits incurs no fees and can be credited on the same day, allowing investors to quickly seize market opportunities.
Through these convenient tools, cryptocurrency investors can easily achieve a seamless connection from digital assets to traditional financial markets. Cryptocurrency ETFs provide investors with more diversified options, helping them to spread investment risks while entering the vast stage of traditional financial markets.
Investment potential of ChainLink
As a decentralized oracle technology, ChainLink demonstrates strong market potential across multiple industries. Despite recent price adjustments, its technological foundation and market demand provide robust support for price growth in the long run.
From historical data, ChainLink's price trend is highly correlated with Bitcoin's market cycles. Currently, ChainLink's RSI is between 63 and 64, indicating room for growth before reaching historical highs. If the market continues its previous bullish cycle, October 2025 could become a critical juncture.
According to monthly chart analysis, a price of $22 may currently serve as a support level. If this level can be maintained, ChainLink's price is expected to test the resistance range of $29 to $31; if the support level is broken, the price could fall back to around $15.
For investors, the current price fluctuations provide more opportunities for long-term investors. As the market matures and technological applications expand, ChainLink will continue to be an indispensable force in the crypto market.
As an important component of blockchain technology, ChainLink has demonstrated its value across multiple industries. From smart contracts to financial services and Web3 games, it not only drives the development of the digital economy but also offers investors long-term growth potential. Amid fierce competition in the crypto market, ChainLink retains its technological advantages and is expected to achieve greater breakthroughs in the future.
If you are looking for a worthwhile investment opportunity, ChainLink may be your ideal choice. Seize the current market volatility; perhaps 2025 will be a key year for your investment in the chain!