Chainlink (LINK) jumped roughly 10% in 24 hours and nearly 42% over the past week after securing a major ICE partnership and launching its on-chain reserve mechanism.
Chainlink’s LINK token gained about 10% in one day and roughly 42% over the past week, ranking it top among the 50 largest cryptocurrencies.
Two major moves drive investor interest: a deal with ICE, parent of the NYSE, and the implementation of the Chainlink Reserve, a program converting revenue into LINK.
This article explores why Chainlink is the best crypto to buy today and whether LINK’s rally rests on real structural shifts or short-term momentum.
RECOMMENDED: How To Buy Chainlink in the USA
Institutional Pull: The Chainlink ICE (NYSE-Parent) Integration
Chainlink now pulls forex and precious metals data from ICE’s Consolidated Feed, sourced from over 300 global venues, into its Data Streams infrastructure. This allows more than 2,000 on-chain applications, banks, and asset managers to access institutional-grade data directly.
These enhancements strengthen LINK’s utility in tokenized markets and automated settlements, reflecting a growing bridge between traditional finance and blockchain.
RECOMMENDED: 5 Reasons to Buy Chainlink (LINK) in 2025
Structural Demand: The On-Chain Reserve Mechanism
Chainlink launched its on-chain reserve via Payment Abstraction on August 7, converting enterprise and service-fee revenue into LINK.
The reserve already holds over $1 million worth of LINK, and recent on-chain data shows accumulation of more than 109,000 LINK valued at about $2.4 million.
This ongoing build-up removes supply from circulation, creating consistent buying pressure and aligning long-term demand with network usage.
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Technical Momentum & Market Sentiment
LINK broke past the $24.50 resistance level with a 66% surge in trading volume, a sign of strong buyer interest.
Whale accumulation also increased, with a single wallet withdrawing $10.2 million worth of LINK, around 455,298 tokens, from exchanges.
Analysts call LINK “very undervalued” and point to a breakout toward $30 if momentum holds.
RECOMMENDED: Is Now a Good Time to Buy Chainlink
Conclusion
Chainlink price surge features solid fundamentals: institutional demand from the ICE integration and supply reduction via the on-chain reserve. Strong technical interest and investor accumulation suggest this move extends beyond hype.
While short-term traders should watch for consolidation, LINK appears to stand on firm infrastructure as tokenized finance gathers pace.
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