The post Chainlink’s LINK Sees Potential Growth Amid Genius Act and Rising Institutional Adoption appeared on BitcoinEthereumNews.com.

LINK surged 12% as the Genius Act enables U.S. banks to custody crypto, boosting Chainlink’s regulatory role and adoption. Chainlink’s ACE engine ensures compliance in cross-chain transactions, positioning LINK as a vital Web3 infrastructure token. LINK supply on exchanges hits a record low, signaling investor confidence amid growing adoption of Chainlink’s financial data services. LINK rises 12% following the Genius Act, enhancing Chainlink’s role in crypto custody and compliance. Supply lows and adoption signal strong investor confidence. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Genius Act: A Catalyst for Chainlink Chainlink’s recent price rally reflects more than market speculation; it underscores a significant regulatory milestone. The Genius Bill Act, recently passed, grants U.S. banks the legal authority to custody cryptocurrencies and stablecoins, a move that directly benefits Chainlink’s ecosystem. This legislation not only legitimizes digital assets within traditional finance but also creates a demand for robust compliance infrastructure. LINK price. Source: CoinGecko Chainlink’s CEO, Sergey Nazarov, emphasized the importance of this regulatory clarity: “Stablecoin regulation in the US will kick off a wave of new stablecoins in the US and all over the world. They will all need proof of reserves and cross-chain connectivity to be used as a source of payment for the growing digital asset economy and tokenized funds. Chainlink is the only platform that provides proof of reserves and cross-chain connectivity in one system.” This…

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Filed under: News - @ July 18, 2025 10:22 am