Chainlink CCIP Expands Cross-Chain Access as LINK Price Eyes Recovery

Chainlink is expanding its real-world asset (RWA) infrastructure as the Hong Kong Gold Exchange (HKGX) brings its gold-backed XGZ token to Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The integration with Midas Labs aims to enable XGZ to move securely across blockchains, connecting traditional gold markets with decentralized finance. Meanwhile, the LINK price is testing the $9–$11 support zone, where crypto analyst CryptoTanx sees a potential double-bottom formation. A daily close above the 200-day exponential moving average (EMA) could strengthen the bullish outlook and put higher price targets in focus. According to Chainlink, HKGX is bringing its gold-backed XGZ token to CCIP through an integration involving Midas Labs and GoldZip. The initiative aims to enable XGZ to move securely across supported blockchain networks. The development connects traditional gold markets with blockchain infrastructure.

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