🔗 LINK Reserve Expansion Fuels Ecosystem Growth
Aug 14 Update: Chainlink Reserve added 44,110 LINK ($1.08M) from enterprise revenue.
Impact: Total holdings are now at 109,661 LINK, cutting circulation & easing sell pressure.
🌍 Growing Institutional Adoption
ICE Partnership: Intercontinental Exchange (ICE) integrates forex & precious metals data into Chainlink oracles.
Significance: Strengthens Chainlink as the bridge between TradFi & DeFi.
⚠️ Key Consideration
Long-term impact hinges on:
Consistent revenue-to-LINK conversion
Continued enterprise & institutional adoption
📊 Metrics to Track
Reserve growth rate 📈
New integration milestones 🏗️$LINK