Chainlink LINK Reserve Growth Signals Strong Bullish Momentum for 2025
Chainlink's recently launched reserve feature is rapidly accumulating LINK tokens, with 109,663 tokens ($2.8 million at current $24.6 price) already secured. The reserve's cost basis of $19.65 shows profitable accumulation since its August 7 launch.
The mechanism converts both on-chain and enterprise fees into LINK through Chainlink's Payment Abstraction protocol. This innovative system allows users to pay in their preferred currencies while automatically converting payments to LINK via decentralized exchange infrastructure.
Market analysts highlight the reserve's multi-year growth potential, with no planned withdrawals in the near term. crypto expert @CatfishFishy points out how this structural demand driver could fundamentally transform LINK's market dynamics.
