Chainlink (LINK) Price Pulls Back Despite Surge in Reserve, What Is Happening?

Leading blockchain oracle network Chainlink LINK $22.36 24h volatility: 0.6% Market cap: $15.16 B Vol. 24h: $922.44 M has seen its on-chain reserve surge past 417,000 LINK tokens. This milestone strengthens its long-term growth and sustainability strategy. However, the performance of the token’s price is not commensurate with the positive sentiment in its ecosystem.

LINK Price Fails to Complement Reserve Boost

According to CoinMarketCap data, LINK price is currently pegged at $22.35 with a 1.43% decline over the last 24 hours. Also, the coin is 3.79% down over the last 30 days. However, the coin has registered a 10.17% increase within the past 7 days. This mild drawdown is proof that investors are taking profit after the momentary gains.

Interestingly, the current price action coincides with news of a significant surge in Chainlink’s reserve. Per data from the newly launched Reserve program, it has recorded a total of more than 417,000 LINK in its holdings. In this week alone, it added 46,441 LINK to the reserve.

It is worth noting that the reserve initiative is designed to accumulate the native token specifically from offchain enterprises’ revenue and on-chain service usage. In the long run, it will be crucial to boost the growth and financial sustainability of the network.

Payment Abstraction is a core contributor to this reserve. This mechanism allows Chainlink to automatically convert the service fees on different assets to LINK. As it stands, large organizations that have integrated Chainlink services now contribute to the reserve without any disruption to their existing billing infrastructure.

This growth in its reserve is a reflection of the increasing institutional adoption. Analysts and market observers believe that the current price outlook may be a result of intense profit-taking in the market. Meanwhile, Chainlink’s infrastructure has seen increased integration within traditional financial systems in recent times.

In September, Chainlink welcomed DualMint into its BUILD program. This was in a bid to connect street-level businesses with Decentralized Finance (DeFi) through tokenized real-world assets (RWA).

Join Those Making the Gains from Bitcoin Hyper Tech

LINK’s weak performance at this time is not sufficient to stop Bitcoin Hyper (HYPER) from making waves. This crypto project currently has a reputation among retail investors in the sector.

Designed as a Layer-2 solution BTC project with strong potential for early investors, Bitcoin Hyper is the right fit for those who are not afraid to take on high risks for high rewards. Its strong presence and potential have found it a position among the best crypto presales of 2025.

Current Presale Stats:

Current Price: $0.013035

Amount Raised So Far: $20.48 million

Ticker: HYPER

HYPER price will see an adjustment in about 1 day, 12 hours, and 1 minute.

Participation in the presale can be done via ETH, BNB, USDT, or credit card directly on the official Bitcoin Hyper website. Want to learn more about HYPER? Read Bitcoin Hyper price prediction on Coinspeaker.

The post Chainlink (LINK) Price Pulls Back Despite Surge in Reserve, What Is Happening? appeared first on Coinspeaker.