Welcome back ladies and gentlemen Today we are going down the Chainlink LINK rabbit hole once again!
1 extracted signal · 1 resolved · 0 still active
AllinCrypto13 Aug 2025, 21:30 UTC
AI-generated source summary
This video provides fundamental analysis on Chainlink (LINK), attributing its recent price increase to the announcement of the Chainlink Reserve on August 7th. The Reserve is built using off-chain revenues from large enterprises adopting the Chainlink standard and will be converted into the LINK. Demand for Chainlink has created millions in revenue for large enterprises to pay for off-chain access to the Chainlink Platform.The analysis asserts that the Reserve already holds over $1M worth of LINK and projects increasing demand and the removal of supply. It quotes 83.67% on Ethereum and $80B+ in Total Value Secured. According to the presenter. I do not expect any withdrawals from the Reserve in the coming years. All of these suggest an upward trend for LINK. The presenter infers a price target of 31 USD dollars. The failure bound is placed at the 16.09 dollars due to a trend break if that level is broken.
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