LINK has surged over 50% in the past two weeks, possibly driven by positive factors such as the LINK Reserves Program and on-chain whale accumulation of LINK.

By: theblockbeats.news|2025/08/18 11:32:04
0
Share
copy

BlockBeats News, August 18th, according to HTX market data, LINK has surged over 50% in the past two weeks, now trading at $25.1.

Chainlink launched the "LINK Reserve Fund Program" in early August, converting on-chain oracle network revenue and off-chain enterprise service fees into LINK token reserves proportionally. The reserve fund has surpassed a million dollars, and in the long term, it will create a supply shock through a continuous buyback mechanism to strengthen the token's value-capture capability.

In addition, according to on-chain data, whales are consistently accumulating LINK, with four addresses accumulating 580,995 LINK in the past 24 hours, worth $13.86 million. Among them, the address "0x4EB" has accumulated a total of 721,294 LINK ($16.43 million). The number of large transactions for LINK has hit a seven-month high, indicating growing confidence from large investors in LINK.

Previously, on August 11th, Chainlink partnered with Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, to bring forex and precious metals pricing data onto the blockchain network. This collaboration will integrate ICE's "global comprehensive data source" into Chainlink's "data feed services."

-- Price

--

You may also like

How to capture the next Alpha in the narrative of predictive markets?

The prediction market is by no means a new casino in the cryptocurrency world, but rather a pricing engine for "event assets" that fills a 400-year gap in financial history: an article that reveals how it will reshape the logic of wealth in the next decade.

"Legal" Ponzi scheme? Unveiling the circular lending of Gemini exchange and its founder

Internal related-party transactions and financial black holes have triggered a crisis of trust, and the valuation logic has completely collapsed in the secondary market.

The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here

Arc is an internal project of Circle. Although it has not publicly raised funds, Circle Ventures launched the Arc Builders Fund (amount undisclosed) to attract investments from over 30 top VC networks in ecological projects.

Oil prices are approaching a critical point. What will happen in mid-April?

Time becomes the deciding factor, and the oil market will take three paths.

The oil price is approaching a critical point, what will happen in mid-April?

Time Becomes a Determining Factor as the Oil Market Takes Three Paths

Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13

MIAU provides a new value paradigm for the industry with its threefold advantages of "FunPlusWeb3 trendy IP ecosystem + mechanism consensus + relative deflation."

Popular coins

Latest Crypto News

Read more