Space and Time crypto (SXT) has surged 30% overnight following yesterday’s news that the project will see its data integrated into Microsoft Fabric, the analytics arm for the tech giant.
SXT Labs is already backed by M12, Microsoft’s investment wing, and its integration with Fabric will see Microsoft’s core developer platform leveraging fast and secure data streams on Bitcoin (BTC), Ethereum (ETH) and Sui Network (SUI).
Just announced at #MSBuild: Space and Time indexed blockchain data will be integrated with @Microsoft Fabric.
As part of the integration, Microsoft developers will be able to access Space and Time indexed data from Bitcoin, @SuiNetwork, and @ethereum through Fabric. pic.twitter.com/jOHThHuuVI
— Space and Time (@SpaceandTimeDB) May 20, 2025
Space and Time Crypto Extends Its Deep Relationship With Microsoft Following Two Hefty Investments Going Back To 2022
Space and Time Labs, the development team behind the brand new ‘Proof-of-SQL’ blockchain, announced yesterday (May 20) that its data will be integrated into Microsoft Fabric, an AI and data analytics platform for corporate use in engineering and analytics.
In a press release regarding the Microsoft Fabric integration, Space and Time Labs CEO Nate Holiday spoke on his excitement with the opportunities the new integration unlocks for developers of various applications for personal and business usage;
“We’re thrilled to expand our collaboration with Microsoft to provide verifiable blockchain data to enterprises, institutions, and developers building on Fabric. This integration enables a wealth of new data-driven use cases across financial services, Web3 apps, and AI to be built on Microsoft technology.”
Via the same press release, Sruly Taber, Principal Product Manager of Microsoft Fabric, stated that the integration is set to make data access for institutions, organizations and indie developers more inclusive;
“By integrating with Microsoft Fabric, Space and Time not only expands our ability to serve developers and enterprises with reliable data but also aligns with our mission to democratize technology across diverse industries, including Web3.”
This collaboration extends the already deep relationship between Space and Time crypto and Microsoft. In August 2024, its venture capital fund, M12, participated in a $20 million Series A funding round for Space and Time after leading its strategic round in 2022.
Space and Time crypto has surged more than 30% overnight following the full announcement of the latest Microsoft collaboration. The SXT token is currently trading for $0.139 and has a market cap of $694 million. Per CoinGecko, it is the 242nd largest digital asset by market cap.
The news has also brought with it an influx in fresh trading volume, with over $258 million volume being processed in the past 24 hours, up from just $52 million on May 19.
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Is Chainlink (LINK) Next In Line For A Double-Digit Price Increase?
Since Space and Time crypto launched its SXT token via the Chainlink rewards program on May 8, both LINK and SXT have some close correlation from a price action perspective.
Considering SXT just saw a +30% move overnight on the back of its Microsoft Fabric integration, LINK is lagging behind, and is actually down 0.5% on the day.
LINK is currently trading for around $15.95. It recently broke through a longstanding resistance zone at $15.5 and has since flipped it to support. If this level holds, LINK is forming a bullish pennant that could see a move toward a yearly high of $26.5 in the coming weeks.
Like any altcoin right now, Bitcoin will decide the next move for LINK. BTC is currently teetering on a breakout to a fresh all-time high, and if this happens before the week is out, altcoins will likely follow.
Many analysts believe that BTC needs to flip $110k and make that a new support level before altcoins will truly run, making it a tense time for investors, watching Bitcoin’s next move.
A rejection at BTC’s all-time high could see it revisit $101-102k, which would likely drag most altcoins down with it. However, Bitcoin is holding steady at around $107k, and a move of just 1.1% will see it at a new all-time high and enter price discovery.
Timing could not be better for Bitcoin and altcoins such as LINK with the upcoming Fed meetings in June. The FOMC meetings on June 17 and 18 will likely cut rates, which would open the floodgates for a return to risk-on assets from investors.
For LINK, these catalysts are lining up nicely, especially when looking at the chart from a technical analysis perspective. There is currently a big confluence for LINK on the daily chart at the 200SMA level. We’re seeing higher lows and a reset of the RSI. All bullish indicators point toward a breakout move soon for LINK.
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Space and Time crypto announces integration with Microsoft Fabric
- Latest collaboration between Microsoft and Space and Time comes after Microsoft previously invested in the blockchain firm, going back to 2022
- SXT crypto has surged 30% overnight on the back of the announcement
- LINK looks set for a breakout move that could see it replicate the overnight explosion from SXT
The post Space and Time Crypto Blasts +30%: Chainlink Price Pump Next After SXT Crypto? appeared first on 99Bitcoins.
