TREE NEWS update: Chainlink’s reserve accumulated 427,577 LINK in October at a cost of more than $5.3 million, the project said in a post on X. The reserve now holds 6,475,076 LINK. Chainlink said the reserve is intended to support the long-term growth and sustainable development of the Chainlink network.
Chainlink Reserve Adds 427,577 LINK in October, Holdings Reach 6.47M
The Reserve's monthly build is a treasury-style signal rather than a market event: Chainlink is converting revenue into its own token on a recurring schedule, which ties the network's balance sheet directly to LINK's value. That matters for token holders and for anyone assessing how LINK supply is being absorbed, since the reserve's stated purpose is long-term network development rather than trading. The open question is whether this accumulation pace holds and whether the reserve's disclosures become regular enough to be read as a genuine demand channel.
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