Chainlink Soars Past $26, Driving Potential to $30 on Strong Bull Run

Chainlink’s token is experiencing a significant surge, nearing its highest point since January, after hitting the $26 mark this past Sunday. This upward momentum stems from rising investor confidence and the growing adoption of Chainlink’s oracle network. 123% gains since hitting its low this year are being attributed to the introduction of LINK reserves and increased institutional investments. Chainlink recently launched its new LINK reserve feature, allowing it to use on-chain and enterprise fees, pushing its total reserves to 109,663 LINK tokens worth over $2.7 million, driving continued growth in Chainlink’s TVS.