Why is Chainlink (LINK) up 5.60% Today, September 7, 2026? Payment-Network Access Expands as Momentum Stretches

Chainlink outperformed a slightly weaker crypto tape, rising 5.60% on elevated turnover (~7.37% of market cap) as the Bottomline payment-network partnership kept the cross-border settlement narrative in focus. While the announced scope does not clearly imply immediate token demand, strong spot participation alongside falling aggregate derivatives open interest suggests an asset-specific bid rather than broad leverage expansion. Stretched momentum (RSI > 70) raises near-term volatility risk.