LINK has surged over 50% in two weeks to $25.1, driven by Chainlink’s reserve accumulation, whale buying, and key partnerships, signaling growing confidence among major investors.
LINK has risen more than 50% over the past two weeks to $25.1, according to HTX data, as Chainlink’s LINK Reserve Program—launched in early August—continues converting revenue into reserves exceeding $1 million. The program aims to trigger a supply shock with ongoing buybacks. Whale accumulation intensified, with four wallets adding 580,995 LINK (~$13.86M) in the last 24 hours and address 0x4EB holding 721,294 LINK (~$16.43M). Large transaction volumes reached a seven-month high, reflecting increased institutional confidence. On August 11, Chainlink partnered with ICE to integrate FX and precious metals pricing data into its Data Streams.