What to know:

Chainlink's native token (LINK) saw a 6.7% increase this week despite Friday's pullback, bolstered by institutional and protocol adoption.

Plasma has integrated Chainlink's services to support stablecoin payments on its blockchain.

Swiss bank UBS is piloting Chainlink's CCIP protocol with SWIFT for tokenized fund operations, signaling growing institutional interest.

The native token of oracle network Chainlink

LINK

$22.39

pulled back slightly on Friday, establishing a higher low, posting a 6.7% gain this week. The price action has been supported by a string of news headlines about institutions and protocols tapping Chainlink's services.

Plasma (XPL) said on Friday it has joined Chainlink Scale, adopting Chainlink's oracle services for its stablecoin payments-focused blockchain. The network has integrated Chainlink's Cross-chain Interoperability Protocol (CCIP), Data Streams and Data Feeds services, supporting developers to build stablecoin use cases on Plasma.

What to know:

Chainlink's native token (LINK) saw a 6.7% increase this week despite Friday's pullback, bolstered by institutional and protocol adoption.

Plasma has integrated Chainlink's services to support stablecoin payments on its blockchain.

Swiss bank UBS is piloting Chainlink's CCIP protocol with SWIFT for tokenized fund operations, signaling growing institutional interest.

The native token of oracle network Chainlink

LINK

$22.39

pulled back slightly on Friday, establishing a higher low, posting a 6.7% gain this week. The price action has been supported by a string of news headlines about institutions and protocols tapping Chainlink's services.

Plasma (XPL) said on Friday it has joined Chainlink Scale, adopting Chainlink's oracle services for its stablecoin payments-focused blockchain. The network has integrated Chainlink's Cross-chain Interoperability Protocol (CCIP), Data Streams and Data Feeds services, supporting developers to build stablecoin use cases on Plasma.