Chainlink (LINK) has announced a groundbreaking partnership with the United States Department of Commerce to bring official macroeconomic data on-chain. The decentralized oracle provider will deploy new feeds to deliver data from the Bureau of Economic Analysis, including real GDP levels, GDP percentage changes, PCE price index, and sales records.
This collaboration represents a significant milestone for blockchain adoption, enabling functional trading strategies and enhanced DeFi protocol risk management based on real-time macroeconomic factors. The news has already triggered positive market momentum, with LINK's price breaking past short-term resistance levels following the announcement.
As of the reporting time, Chainlink's price was trading at $25.56, showing a 4.18% increase over 24 hours and an 18.44% year-to-date gain. The token is now positioned to potentially reclaim the $30 price level, supported by growing institutional interest. Nasdaq-listed Caliber recently revealed its LINK treasury strategy, indicating increasing corporate adoption of Chainlink as a reserve asset.