Chainlink Launches Strategic LINK Reserve, Token Surges 15% in a Day

The LINK token appreciated by 15% over the past day following the announcement of Chainlink Reserve—a strategic reserve aimed at supporting the network’s long-term development.

The “digital reserves” will be replenished through project revenues from both large corporate clients and network fees. At launch, it already holds over $1 million worth of LINK.

A key component of the new system is the Payment Abstraction mechanism. This allows Chainlink services to be paid for in a convenient currency, including stablecoins. The received funds are automatically converted into LINK via decentralized exchanges and directed to the reserve.

This approach simplifies network operations for large companies and creates constant demand for the token.

Chainlink stated that they do not plan to withdraw funds from the reserve for several years, anticipating its gradual growth. A special monitoring dashboard has been launched to track the assets.

LINK’s Growth

At the time of writing, the coin is trading at $19.35 (+14.8% for the day), according to CoinGecko. Over the month, LINK’s price has increased by 37.1%.

Santiment analysts have noted increased activity among large LINK holders.

🔗🐳 Chainlink whale & shark wallets are growing in number, as well as their collective holdings. As $LINK has quickly jumped back above $18.40, we’ve seen a +4.2% in 100K-1M LINK wallets, and 0.67% more of the supply accumulated in August alone. https://t.co/FIZ57wRcO0 pic.twitter.com/320CmJrh0z

— Santiment (@santimentfeed) August 7, 2025

According to their data, the number of wallets with balances ranging from 100,000 to 1 million LINK has increased by 4.2%. In August alone, they accumulated an additional 0.67% of the total token supply.

Back in January, Ripple formed a partnership with Chainlink to accelerate the integration of the RLUSD stablecoin into the DeFi sector.