TLDR
- Chainlink has added 41,105.84 LINK tokens to its reserve, which are worth over $1 million.
- The Chainlink reserve now holds a total of 150,770.02 LINK tokens valued at approximately $3.8 million.
- The reserve was launched two weeks ago and is funded by real revenue from institutional services and protocol fees.
- LINK price dropped by 5 percent despite the reserve update after facing resistance near the $27 level.
- Chainlink is now compliant with ISO 27001 and SOC 2, which strengthens its appeal to banks and financial institutions.
Chainlink has boosted its on-chain reserve with a new addition of 41,105.84 LINK tokens. The update brings the total holdings in the Chainlink reserve to 150,770.02 LINK, worth approximately $3.8 million. This purchase comes just two weeks after the initiative’s launch.
Chainlink Reserve Grows as Chainlink Adds Over $1M Worth of Tokens
Chainlink confirmed the purchase via an official update released earlier this week. The 41,105.84 LINK tokens added are valued at over $1 million. The Chainlink reserve now totals 150,770.02 LINK, signaling steady accumulation.
The reserve was launched to store LINK tokens from actual revenue. Chainlink collects these earnings through institutional services and protocol-level fees. The network stated this approach ensures sustainability and long-term support.
The reserve has grown quickly, suggesting further upside in accumulation. If this pace continues, Chainlink reserve inflows could affect market dynamics. However, the latest update has not shifted LINK price sentiment.
LINK Price Faces Pressure Despite Reserve Growth
Despite the reserve update, LINK’s price dropped by about 5% in the past 24 hours. The decline followed resistance at the $27 level, which capped a strong rally. LINK had surged 66% from its August low before facing selling pressure.
Short-term traders likely booked profits near resistance. The market showed no notable reaction to the Chainlink reserve increase. Still, reserve expansion may support future bullish momentum with continued deposits.
Chainlink’s consistent reserve activity reflects confidence in real-world demand. Institutional revenues are converting directly into LINK token accumulation. This structure supports both transparency and on-chain accountability.
Chainlink Secures Key Compliance Certifications for Institutional Expansion
Chainlink has also achieved compliance with ISO 27001 and SOC 2 standards. The project is now the first on-chain oracle provider with these certifications. This milestone aligns with its strategy for institutional adoption.
According to the team,
“these certifications are essential for enabling secure financial integrations.”
These standards represent the security benchmark required by global banks. Chainlink aims to position itself as a compliant infrastructure provider.
The development opens opportunities for Chainlink in Web3 banking services. As banks explore on-chain platforms, Chainlink reserve growth could accelerate. Increased institutional usage will further enhance revenue and token accumulation.
