Chainlink Reserve Fuels 14% Surge: What’s Powering the Rally?

Chainlink (LINK) has defied the broader market uncertainty, surging by 14.7% in the last 24 hours and 37% over the past month. This impressive rally comes on the back of the announcement of the Chainlink Reserve, a strategic initiative designed to ensure the long-term sustainability of the network.

The reserve, already holding over $1 million in LINK tokens, will be funded by off-chain revenues from enterprise partnerships, and importantly, it won’t see withdrawals for several years.

This move reflects Chainlink’s commitment to stability and innovation. By creating a dedicated reserve, the team is taking a significant step toward aligning with institutional standards and supporting ecosystem growth.

In tandem, on-chain data shows a 4.2% rise in whale wallets holding between 100,000 and 1 million LINK tokens, further fueling bullish sentiment.

Whale Activity, Trading Volumes, and Technical Momentum

Chainlink’s recent rally is more than just sentiment, the numbers back it up. LINK is currently priced at $18.89, with a 24-hour trading volume that has spiked by 300% to $1.37 billion. Technical indicators remain strong, with the RSI at 61, suggesting room for further upward movement before the token enters overbought territory.

All major moving averages are flashing buy signals, and the next resistance level sits between $20.50 and $21.00. Should LINK break through this psychological and technical barrier, a test of the $25 price level could soon follow.

Analysts using Elliott Wave principles even project a possible high of $25.60, representing a potential 33% rally from current levels.

Institutional Interest and Market Sentiment Align

Beyond technicals and tokenomics, macroeconomic factors may also be playing a role. Former President Trump’s crypto-friendly stance, including recent moves to allow crypto exposure in retirement funds and strategic appointments to the Federal Reserve Board, has created a tailwind for digital assets.

Chainlink’s growing list of integrations and enterprise collaborations, such as partnerships with GMX and Kamino Finance, is solidifying its place as a data layer for Web3. The launch of Data Streams for U.S. stocks adds further utility, bringing traditional market data into the decentralized space.

As whale activity grows and market interest intensifies, Chainlink appears to be in a strong accumulation phase, one that may position it as a key outperformer in the next crypto bull cycle.

Bottom Line

With fundamental upgrades, institutional momentum, and bullish technicals all aligning, Chainlink is painting a compelling picture for investors.

While risks remain, especially in a volatile macroeconomic environment, all eyes are now on whether LINK can breach the $20 mark and push toward $25 in the coming weeks.