I'm wondering if Chainlink (LINK) might pump after the news that SWIFT is working on blockchain integration.

SWIFT is a global messaging network that connects banks and financial institutions. The company recently released a report that said that blockchain integration is "more plausible" than unifying CBDCs in the near term.

Diagram demonstrating how SWIFT can connect financial institutions with various blockchains. Source: SWIFT

This is good news for Chainlink, which is a blockchain oracle network that provides real-world data to smart contracts. Chainlink has already been tested successfully by SWIFT, and this new report suggests that the company's role in the blockchain ecosystem will only grow in the future.

It should also be noted that on the diagram above only two public blockchains are shown: Ethereum and Avalanche...

Of course, there are no guarantees that LINK will pump. However, I think the news from SWIFT is a positive development for Chainlink, and I wouldn't be surprised to see the price of LINK rise in the coming weeks.

What do you think? Will Chainlink pump after SWIFT's blockchain integration news?

Let me know in the comments below!

Here are some additional thoughts on why Chainlink could pump further:

• Chainlink is already being used by many major financial institutions, including SWIFT, Goldman Sachs, and Google.
• The company has a strong team of developers and advisors.
• Chainlink is solving a real-world problem: the need for secure and reliable data feeds for smart contracts.
• The blockchain ecosystem is growing rapidly, and Chainlink is well-positioned to capitalize on this growth.

Of course, there are also some risks to consider. The cryptocurrency market is volatile, and there is no guarantee that LINK will rise in price. I am not a financial advisor. Do you own research and invest only the money you can afford to lose.