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Chainlink (LINK) Jumps 15% as Reserve Launch and Whale Buying Fuel Rally
Chainlink (LINK) Jumps 15% as Reserve Launch and Whale Buying Fuel Rally
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Chainlink LINK News -
Chainlink's native token LINK surged to $19.15, posting a 15% daily gain as its market cap neared $13 billion. The rally follows the launch of chainlink Reserve, a program designed to secure network growth by accumulating tokens from real revenue streams. Over $1.16 million worth of LINK has already been deposited into the reserve.
Whale activity is amplifying the bullish momentum. According to Santiment data, wallets holding 100,000-1 million LINK increased their balances by 4.2% this month. The reserve initiative directly supports Chainlink's expanding role in providing reliable real-world data to DeFi protocols—a service seeing exponential demand growth.
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