Chainlink expands APAC equities data, LINK targets $24 after holding support

Chainlink has broadened its APAC Equities Streams, delivering real-time equity market data from leading Asian corporations to blockchain developers. This expansion covers key financial markets in China, Hong Kong, Japan, South Korea, and Taiwan, offering data on major companies such as TSMC, Tencent, Samsung, SK Hynix, and BYD. The initiative aims to support the creation of new on-chain financial products and strengthen Chainlink’s standing in the tokenized equities sector. Chainlink Strengthens On-Chain Equities Ecosystem in Asia-Pacific By making stock market data accessible through its APAC Equities Streams, Chainlink enables developers to build decentralized markets and generate tokenized financial instruments linked to Asia-Pacific equities. The rollout extends Chainlink’s infrastructure to five major markets and increases the utility for projects interested in tokenization and decentralized finance. Major platforms such as Lighter and Jupiter have integrated these data feeds, providing additional avenues for developers to leverage the expanded infrastructure. This integration is designed to facilitate the development of tokenized stock markets, derivatives, and other blockchain-based financial tools that rely on accurate, up-to-date equity information. Rising demand for reliable and secure equity data in Asia-Pacific coincides with broader trends toward tokenizing real-world assets within the blockchain industry. By connecting traditional financial data sources with decentralized applications, Chainlink seeks to play a foundational role in expanding on-chain access to equity markets. Chainlink’s launch of APAC Equities Streams across China, Hong Kong, Japan, Korea, and Taiwan aims to equip blockchain developers with rapid, secure access to real-time data on leading regional companies—a significant step for the creation of on-chain markets and tokenized financial instruments. As both the adoption of these data feeds and the overall interest in tokenized equities continue to grow, Chainlink’s reach into conventional finance is expected to increase substantially. For investors following this development, platforms like CryptoAppsy can make it easier to monitor key stocks and cryptocurrency price shifts resulting from the integration of real-world equities data on-chain. By delivering live macroeconomic data alongside coin-specific news and real-time charts, CryptoAppsy offers users an efficient way to track both LINK price movements and continued adoption of tokenized equity solutions. LINK Price Analysis and Key Technical Levels The LINK token recently defended its support zone between $7.30 and $7.50 after a pullback, attracting significant buying activity, reported crypto analyst Alex Marzell. In the near term, $10.50 has become a critical support level, while the $11.60-$11.80 range represents immediate resistance for any upward movement in price. A decisive break above the resistance zone could signal a reversal of the current downtrend and strengthen the technical recovery case for LINK. However, any sustained breach below support may increase selling pressure. Marzell indicated the macro price target for LINK could reach $24 or higher if the broader bearish structure is broken.