LINK has risen over 50% in the past two weeks, possibly driven by the LINK Reserve Program and on-chain whales accumulating LINK, among other positive factors.

According to BlockBeats news on August 18, LINK has risen over 50% in the past two weeks, currently priced at 25.1 USD.

Chainlink launched the 'LINK Reserve Program' in early August, converting on-chain oracle network income and off-chain enterprise service revenue into LINK token reserves proportionally. The reserve scale has now surpassed one million USD, and in the long term, it will create supply shocks through a continuous buyback mechanism, strengthening the token's value capture ability.

In addition, according to on-chain data, four addresses have accumulated 580,995 LINK in the past 24 hours, valued at 13.86 million USD. Among them, the address '0x4EB' has accumulated 721,294 LINK (16.43 million USD). The number of large LINK transactions has reached a seven-month high, indicating that large investors have increased confidence in LINK.

Previously, on August 11, Chainlink partnered with the parent company of the New York Stock Exchange, Intercontinental Exchange (ICE), to bring foreign exchange and precious metals pricing data onto the blockchain network. This collaboration connects ICE's 'Global Comprehensive Data Source' to Chainlink's 'Data Stream Service.'