Bitcoin News Today: Chainlink Launches Reserve Driving 8.24 LINK Daily Gain

Chainlink has introduced the Chainlink Reserve, an on-chain initiative aimed at enhancing the long-term sustainability of its decentralized oracle network. The reserve is funded by a combination of on-chain and off-chain revenue, including fees from institutional clients and decentralized applications [1][2]. By accumulating and retaining LINK tokens, the reserve is designed to reinforce token utility, stabilize supply, and support the broader Chainlink ecosystem’s growth [3]. The initiative marks a significant structural shift, aiming to align incentives between the protocol and token holders through a transparent and decentralized mechanism [5].

The launch of the Chainlink Reserve coincided with a strong price surge for LINK. On August 4, the token rose above $17.85, recording an 8.24% increase in a single day [4]. LINK has continued to outperform in the short term, with gains of over 36.5% for the month and a 1-year gain of 82.24%, despite a negative year-to-date return of −8.19% [10]. The current price of $18.32 reflects the ongoing bullish momentum, supported in part by the newly announced reserve model [6]. The price has also broken above the $17.78 level, surpassing the 200-day simple moving average and transforming previous resistance into support [7]. Technical indicators, including RSI, suggest that the asset remains in a bullish phase [7].

In addition to the reserve, Chainlink has made strategic moves to solidify its position in the infrastructure layer between traditional finance and blockchain. The integration with Misyon Bank is a key step in this direction, enabling oracles to deliver real-world data to smart contracts within banking platforms [2]. This development positions Chainlink as a core middleware provider for institutions seeking to adopt blockchain-based financial solutions [8]. The collaboration underscores Chainlink’s broader vision to expand oracle-driven data verification into high-trust applications in traditional finance [2].

Analysts have highlighted the potential for further price appreciation if the reserve continues to generate positive sentiment and institutional interest. ETHNews analysts suggest that if the $18.05 level holds, LINK could potentially reach $20.50, $24.00, and even $28.00 in the coming weeks [10]. However, a breakdown below $17.20 could signal a cooling-off period, with a possible return to $15.80 support [10]. The reserve model is seen as a mechanism to reduce circulating supply and reinforce long-term token demand, providing a potential floor for LINK’s value [9].

The Chainlink Reserve’s initial phase began as early as July 27, when the initiative reportedly amassed $1 million in on-chain reserves by converting a portion of enterprise revenue into LINK [6]. By July 31, the program was officially launched, with the reserve model leveraging both on-chain and off-chain earnings to support the token’s value proposition [7]. This strategy is in line with Chainlink’s broader goal of integrating institutional-grade infrastructure while maintaining alignment between token economics and network activity [8]. The move has been widely viewed as a catalyst for continued growth and adoption across decentralized finance and cross-chain applications [11].

Source:

[1] title: Chainlink Launches LINK Reserve to Fuel Network Growth

url: https://www.coindesk.com/markets/2025/08/07/chainlink-launches-link-reserve-to-fuel-network-growth

[2] title: Chainlink launches a LINK reserve funded by real on-chain ...

url: https://www.mitrade.com/insights/news/live-news/article-3-1021923-20250808

[3] title: Chainlink Creates $1 Million On-Chain Reserve Using ...

url: https://yellow.com/news/chainlink-creates-dollar1-million-on-chain-reserve-using-enterprise-revenue-streams

[4] title: LINK price bounces back as Chainlink launches strategic ...

url: https://www.bitcoininsider.org/article/282052/link-price-bounces-back-chainlink-launches-strategic-token-reserve

[5] title: Chainlink Price Surges as New Reserve System Fuels ...

url: https://coindoo.com/market/chainlink-price-surges-as-new-reserve-system-fuels-bullish-momentum/

[6] title: Chainlink Launches LINK Reserve Driving 6.8% Price Surge

url: https://www.ainvest.com/news/chainlink-launches-link-reserve-driving-6-8-price-surge-2508/

[7] title: Chainlink has unveiled the Chainlink Reserve, an on-chain reserve that accumulates LINK tokens from fees paid by institutions and decentralized applications

url: https://m.economictimes.com/crypto-news-today-live-08-aug-2025/liveblog/123173392.cms

[8] title: Chainlink's new reserve system transforms enterprise

[9] title: Two Seas Capital Challenges CoreWeave's Core Scientific

[10] title: Chainlink Price Surges as New Reserve System Fuels ...

[11] title: Bitcoin Price (BTC) News: $117K Retaken on Thursday

url: https://www.coindesk.com/markets/2025/08/07/bitcoin-surges-past-usd117k-as-trump-taps-stephen-miran-for-federal-reserve

[12] title: Chainlink Launches LINK Reserve to Fuel Network Growth