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Chainlink Reserve Adds 431,900 LINK in a Month, Reaching $78.3 Million

The reserve added 89,200 LINK on Oct. 15, worth $1.11 million; its reported total purchase amount was $70.76 million.

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A ledger grid illustrates LINK tokens accumulated in Chainlink’s digital reserve. / EconoTimes.ai
A ledger grid illustrates LINK tokens accumulated in Chainlink’s digital reserve. / EconoTimes.ai

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The reserve held 6.29 million LINK, valued at $78.3 million, after adding 431,900 LINK over 30 days; those additions were valued at $5.41 million.

The reserve added 89,200 LINK on Oct. 15, worth $1.11 million. Its reported total purchase amount was $70.76 million.

Chainlink says Payment Abstraction converts revenue from enterprise customers and on-chain services into LINK for the reserve. The company describes the reserve as part of its long-term sustainability efforts.

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