Overview

• ICE’s partnership now feeds foreign exchange and precious-metals pricing on-chain through Data Streams, creating a new institutional revenue channel that requires LINK payments.
• The Chainlink Reserve mechanism programmatically converted staking fees and enterprise revenue into over $1 million of LINK in its first week, acting like an automated buyback that reduces circulating supply.
• LINK climbed to an intraday peak of $24.07, marking a six-month high driven by combined institutional integration and reserve-driven buy pressure before settling in the low $22 range.
• On-chain data shows wallets holding between 100,000 and 1 million LINK increased their balances by over 4% this month even as some whales transferred multi-million-dollar LINK holdings to exchanges.
• Technical indicators place LINK above the key 0.618 Fibonacci retracement at $20.25 but below a descending trendline from its all-time high, with analysts targeting a breakout above $24–$26.50 for moves toward $30–$40.