• Chainlink’s LINK Reserve turns fees into tokens, lifting the price 9.14% to $17.66.
  • Over $1M in LINK is locked up, cutting selloffs and building a solid future.
  • LINK’s market cap hit $11.98B, driven by optimism for DeFi and real world uses.

Chainlink recently deployed a significant shift with its LINK Reserve. The new configuration siphons fees from large businesses and converts them to LINK tokens, propelling the price 9.14% higher to $17.66.

Trading activity erupted as well, with volume increasing 40% to more than $589 million. This move makes LINK’s value depend on real-world use, not just market hype, and investors are all in.

Think of the LINK Reserve as a digital vault that gathers tokens from fees paid by businesses and Chainlink’s services. It swaps payments in gas tokens or stablecoins for LINK using platforms like Uniswap V3.

They’ve already stacked over $1 million in LINK and plan to leave it untouched for years, which keeps selling pressure low. Now, half of the staking fees go to the reserve instead of the people running the network, setting up a strong, long-term game plan.

Chainlink supports over 2,000 blockchains and $80 billion in value for things like DeFi and global payments. Users can track the reserve’s progress on a public dashboard.

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