Recently, LINK has shown strong performance, driven by Chainlink's new initiative—**Chainlink Reserve**. Its mechanism essentially involves using smart contracts to automatically convert and reserve all income generated by projects on-chain and off-chain into LINK, akin to a "smart contract automatic repurchase" scheme.

This also explains why we observed a significant increase in on-chain activity previously.

At the same time, the narrative logic of $LINK is very smooth: as a key infrastructure in the oracle race, it is an essential and irreplaceable part of the process of bringing real-world assets (RWA) on-chain. This clear application scenario makes its "story" more likely to gain market recognition. $BTC $ETH #BitDigital转型 #美国7月PPI年率高于预期 #加密市场回调