Guavy AI Editorial TeamSentiment: -3Clout: 60

Chainlink Data Standard Launch on AWS Marketplace Weighs on LINK Token Price

Chainlink has strengthened its position in institutional blockchain infrastructure through a new distribution channel on Amazon Web Services (AWS). The company's Data Standard is now live on AWS Marketplace, providing developers and institutions with access to Chainlink services directly.

The integration aims to reduce friction associated with blockchain adoption, particularly for firms that already rely on AWS for hosting and data processing. Chainlink Data Feeds provide price and market information used in decentralised finance systems, while Data Streams focus on low-latency market updates for trading applications.

Despite the progress, LINK's technical structure remains heavily tilted to the downside, with moving averages signalling a sustained bearish regime. Analysts highlight $8.44 as a critical support level, and warn that a breakdown below this zone could lead to further downside.