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Chainlink’s LINK Soars 18% to $26 on Reserve Accumulation and ICE Data Tie-Up

The Chainlink Reserve has locked up more than 109,000 tokens through automated revenue swaps, reinforcing demand ahead of analyst forecasts near $30.

chainlink
Chainlink's link top performer among top 50 by % daily gain, as analyst calls it 'very undervalued’

Overview

  • LINK climbed 18% in one day to about $26, leading the top 50 cryptocurrencies by percentage gain.
  • The Chainlink Reserve, launched on August 7, has locked approximately 109,663 tokens valued at roughly $2.8 million.
  • Futures open interest in LINK reached a record high of $1.5 billion, signaling heightened trader interest.
  • Large holders boosted their LINK stakes by 68% this month, collectively holding about 5.61 million tokens.
  • Integration of ICE’s Consolidated Feed is extending Chainlink’s on-chain data offerings into foreign-exchange and precious-metals rates.