Chainlink: Moody's pilot as LINK drops below 200-day line

Moody's Ratings has tested with Chainlink Labs whether credit ratings can be distributed to several blockchains at the same time through Chainlink's CCIP protocol. The test worked, but it ran only on a testnet with sample data. So far the news has done nothing for the price: Chainlink cost about $10.03 on Thursday morning, November 12, 2026, leaving it just below its 200-day moving average. That is the lowest level since August 19.

Investors therefore face two questions side by side. The first is long term: how much is it worth that one of the three big rating agencies wants to send its data through Chainlink? The second is short term: which levels now decide whether LINK holds the zone around $10? This article puts both into context and shows what to consider when you buy and store the token.

Moody's and Chainlink: what the CCIP pilot of November 10 shows

The pilot was announced on Tuesday, November 10, 2026. According to a report by Decrypt, Moody's connected its Token Integration Engine (TIE) to Chainlink's Cross-Chain Interoperability Protocol, CCIP for short. Through that link, rating data went simultaneously to permissioned and public blockchains. Moody's stressed that its existing processes for publishing and overseeing ratings remained unchanged.