Chainlink Reserves Surge Past $11 Million, Signaling Long-Term Success

Chainlink has just achieved a significant milestone in its reserve growth. The project’s strategic reserve has hit $11.4 million, marking the 16th consecutive inflow and signaling sustained progress for the oracle network. This latest influx of LINK tokens, worth around 81,285.98 LINK, was fueled by a diversified approach, with 90% sourced through USDC swaps on Uniswap and 10% drawn from user fees. This strategy ensures consistent growth, while minimizing dilution effects associated with supply increases.