- Chainlink co-founder says the Fed could build a custom oracle network by choosing specific nodes and compliance rules.
- Analyst Ali projects LINK to dip near $15 before a rebound toward $46, supported by Fibonacci-based technical structure.
- Over 1,000 Chainlink oracle networks enable compliance-focused setups for institutions and central banks globally.
At the Federal Reserve Payments Innovation Conference, Chainlink co-founder Sergey Nazarov detailed how the platform’s oracle networks could be tailored for institutional use, including potential applications by the U.S. Federal Reserve.
He explained that these oracle systems operate with multiple independent nodes and can integrate both public and private blockchain environments. This setup allows organizations to create customized oracle networks that align with compliance, risk, and operational needs.
Nazarov emphasized that, hypothetically, if the Federal Reserve required an oracle network for specific financial operations, it could select the participating nodes and determine how they function.
Fed-Specific Oracle Networks and Compliance Flexibility
Nazarov noted that Chainlink’s structure enables both public and private entities to configure oracle networks to fit their unique requirements. For example, public oracle networks are maintained by numerous node operators, many of whom already manage public blockchain nodes.
Meanwhile, private users such as financial institutions can establish networks with customized risk controls and geographical compliance for node operations. This approach ensures flexibility for entities like central banks or regulated institutions seeking to adopt blockchain-based solutions without compromising data control or regulatory standards.
The co-founder further noted that more than 1,000 oracle networks run under the Chainlink standard. These networks can be configured for various use cases, including compliance based data feeds and location specific node setups. This modular design is viewed as essential for large institutions that require transparency and reliability while adhering to specific jurisdictional rules.
Analyst Sees Accumulation Opportunity for LINK
Following these remarks, analyst Ali outlined a structured trading plan for Chainlink’s native token, LINK. According to Ali, investors could consider accumulating at $15 and taking profits near $46.
The price analysis relies on key Fibonacci retracement levels that define current support and resistance zones. The 0.618 level at $15 acts as a key support, with the 0.786 level at $20.04 acting as immediate resistance.
Additional support is near $12.24, supporting the broader bullish structure. The chart projection suggests a possible short-term dip toward $15, followed by a rebound above $20 and an extended rally toward $46.
LINK Maintains Medium-Term Bullish Outlook
The broader trend is intact as long as LINK sustains movement above the $15–$12 range. A strong recovery beyond $20 could open momentum toward the $28–$30 area. Reclaiming the upper price channel may later push LINK toward the $40–$46 zone, aligning with the analyst’s projected targets.
However, losing the $15 level may lead to a deeper correction toward the lower support band. Overall, Nazarov’s remarks on oracle customization and LINK’s technical positioning have drawn renewed interest to the project’s expanding institutional relevance and market moves.
