Chainlink’s LINK token rallied to roughly $26 on 17 Aug., rising about 12 % in 24 hours and outperforming the rest of the top-100 digital assets by market value. On-chain data show large holders withdrawing almost 90,000 LINK (about $2.2 million) from Binance in the latest transaction, part of more than 721,000 LINK accumulated over three days for an estimated $16.4 million. The price jump follows Chainlink’s introduction of “Chainlink Reserve,” an automated programme that converts the network’s on-chain and off-chain revenues into LINK and locks the tokens in reserve contracts, effectively creating a continuous buy-back mechanism. Separately, the oracle provider said the total value secured by its services has surpassed $93 billion, an all-time high. Chainlink also disclosed a collaboration with traditional-finance partners aimed at bringing foreign-exchange and precious-metals markets on-chain, moves it plans to showcase at the Sibos 2025 conference. Analysts said the confluence of whale accumulation and new corporate milestones positions LINK to retest its cycle peak of $31 in the coming weeks if buying momentum persists.