Chainlink’s LINK token extended its recent rally, rising roughly 12% in overnight Asia trading and about 11.8% over the past 24 hours, according to market-tracking services. A single address identified as 0x4EB…3d5aF withdrew about 89,900 LINK (US$2.2 million) from Binance five minutes before midday Friday, bringing its three-day accumulation to more than 721,000 tokens valued at roughly US$16.4 million. The surge follows a series of company milestones announced this week. Chainlink said its network now secures more than US$93 billion in assets, an all-time high in Total Value Secured. The project also updated its automated “Chainlink Reserve,” a smart-contract mechanism that converts on-chain and off-chain revenues into LINK for long-term holding, effectively operating as a continual token buy-back program. In addition, Chainlink unveiled what it described as a major collaboration with traditional financial institutions aimed at bringing foreign-exchange and precious-metals markets on-chain, expanding the reach of its oracle services beyond cryptocurrencies. The combination of record network activity, a new reserve program and fresh institutional links has fueled expectations that LINK could revisit or surpass its previous cycle high near US$31 in the coming weeks.