Chainlink is back on traders’ radars after a burst of whale activity, fresh reserve accumulation and growing institutional visibility — signals that some market participants see renewed value in LINK. What happened - Onchain Lens flagged sizable purchases by newly created wallets. Wallet 0x10D withdrew 202,607 LINK (~$2.7M) and wallet 0xb59 withdrew 207,328 LINK (~$2.78M). The timing and scale of these moves have led analysts to suggest a single entity or institutional buyer may be building a material stake. - These buys followed a period of relative selling and coincided with a roughly 63% jump in LINK trading volume, suggesting broader market attention. Chainlink Reserve: the network is buying in - The official Chainlink Reserve update shows the protocol itself added 87,829.55 LINK in one day, bringing the Reserve to 1,504,209.16 LINK. Per Chainlink, the Reserve uses revenue from enterprise adoption and on-chain services to acquire LINK and support long-term growth — a mechanism that effectively puts protocol-held LINK on the balance sheet. Institutional and regulatory recognition - Chainlink also scored a mention in the White House Digital Asset Report, highlighting that government and regulatory circles are tracking its adoption and partnerships. That kind of recognition often bolsters institutional interest and legitimacy. Social traction - Engagement metrics underline community momentum: a Phoenix Group report found Chainlink leading gaming-focused projects with over 6.2K engaged posts and about 1.3 million interactions, indicating healthy social interest around the network and its use cases. Market snapshot and outlook - At press time LINK traded around $13.15, down ~5.5% over the past month and off more than 33% year-to-date. Its 24-hour range was $13.09–$13.49, market cap roughly $9.31 billion, and circulating supply about 708 million LINK. Reserve and treasury holdings remain concentrated, which can reduce liquid supply on exchanges. - Outlook: With whales accumulating and the Chainlink Reserve continuing to buy, price support around $13 looks plausible and LINK could test the $13.7–$14 range if accumulation persists. Continued social engagement and institutional recognition would strengthen that case. Still, broader market sentiment and macro crypto trends will be the dominant drivers of near-term price moves. Bottom line Chainlink’s recent on-chain buys, Reserve growth and institutional mentions create a constructive narrative for LINK. Whether this translates into sustained price recovery depends on continued accumulation and the wider market environment, but the combination of network-led buying and renewed whale interest suggests the project is drawing renewed real-world attention. Read more AI-generated news on: undefined/news