ChainLink (LINK) has recorded a significant price rise after announcing an alliance with the US Department of Commerce (DOC) and incorporating official macroeconomic data into a distributed network around the country.
The following graph provided by Coingecko shows it Links have risen 6% in the last 24 hours:
According to a statement released on August 28th This collaboration will ensure that key indicators from the Bureau of Economic Analysis (BEA) are securely available across 10 networksincluding Ethereum, Arbitrum, Avalanche, Base, Optimism, Zksync. The data includes real GDP, personal consumption expenditure index (PCE), and final sales to private buyers nationwide, as well as central metrics to measure the health of the US economy.
This informationUpdated monthly or quarterly, Developers can use to build cases for use in decentralized markets: From automated trading strategies and tokenized assets emissions to actual forecast markets and risk management systems based on macroeconomic indicators.
The alliance is part of a broader collaboration between Chainlink and US authorities. In 2025, the company held a meeting with the SEC to address regulatory aspects of the use of cryptocurrency networks in runners and transfer institutions. Even Chainlink co-founder Sergey Nazarov joined the White House with a signature of the Genius Act, as explained by Cryptonoticia.
The statement also recalls that the Presidential Working Group in the Digital Asset Market highlighted chain links in July as a key infrastructure in the chain economy, highlighting the role of its oracles in stable currency and tokenized funds. The trajectory, they noted, had attacked the path to an agreement with the Commerce Department.