Chainlink LINK Approaches Yearly High Amid Whale Accumulation and Reserve Growth
Chainlink's LINK token is nearing a new annual high, currently trading at $26 as investor interest grows and its oracle network expands. The cryptocurrency has surged 123% from its 2025 low, with technical indicators pointing to a potential rise to $30.
The project's newly implemented LINK reserves mechanism now holds 109,663 tokens valued at $2.7 million, purchased at an average cost basis of $19.65. Chainlink's total value secured has jumped 90% year-to-date, reaching $93.5 billion across smart contract platforms—primarily on Ethereum.
Strategic partnerships with major enterprises continue to fuel adoption, solidifying Chainlink's role as critical infrastructure for decentralized finance. Market analysts highlight increasing whale activity alongside reserve growth as key bullish indicators.