The recent growth of the LINK token occurred against the backdrop of the announcement of the creation of Chainlink Reserve, a strategic fund to ensure the long-term development of the network. The "digital reserves" will be replenished with the project's income received from both large corporate clients and from fees within the network. At the time of launch, more than 1 million LINK have already been placed in the fund. The key element of the new system was the Payment Abstraction mechanism. It allows you to pay for Chainlink services in a convenient currency, including stablecoins. The received funds are automatically converted into LINK through decentralized exchanges and sent to the reserve.
The asset has excellent prospects, I think that in this cycle we will be able to see a price of $30 - $35 for it, so I recommend taking a closer look and adding it to your portfolio if you haven't already.
