{"id":41827,"date":"2025-08-12T20:46:49","date_gmt":"2025-08-12T20:46:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41827"},"modified":"2025-08-12T20:46:49","modified_gmt":"2025-08-12T20:46:49","slug":"link-surges-10-as-chainlink-reserve-ice-partnership-fuel-explosive-rally","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41827","title":{"rendered":"LINK Surges 10% as Chainlink Reserve, ICE Partnership Fuel Explosive Rally"},"content":{"rendered":"<div>\n<p>Oracle service Chainlink&#8217;s (LINK) native token surged 10% on Tuesday to a fresh seven-month high amid new traditional finance partnership and a recent token buyback initiative.<\/p>\n<p>The token topped $24 for the first time since February, extending its rally to 42% in a week. That&#8217;s the biggest gain during among the top 50 tokens by market capitalization, <a href=\"https:\/\/www.coindesk.com\/price\">CoinDesk data<\/a> shows.<\/p>\n<p>Among the catalysts was a <a href=\"https:\/\/www.coindesk.com\/business\/2025\/08\/11\/chainlink-teams-up-with-nyse-parent-ice-to-bring-forex-precious-metals-data-on-chain\">fresh collaboration<\/a> between Chainlink and Intercontinental Exchange, the parent company of the New York Stock Exchange, to bring foreign exchange and precious metals pricing data on-chain. The partnership underscores the network\u2019s expanding role as a bridge between traditional finance and blockchain rails.<\/p>\n<p>A token purchase program dubbed the Chainlink Reserve, announced last week in a <a href=\"https:\/\/blog.chain.link\/chainlink-reserve-strategic-link-reserve\/\">blog post<\/a>, aims to convert revenue from Chainlink&#8217;s services and enterprise integrations into LINK tokens, establishing persistent buying momentum.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/292f15c9d665a40335bf19cd34d9c02c06b6adfe-2560x1440.webp?auto=format\" alt=\"Chainlink Reserve (Chainlink)\" title=\"Chainlink Reserve (Chainlink)\"><\/p>\n<h5><strong>Technical Indicators Signal Continued Upside<\/strong><\/h5>\n<ul>\n<li>LINK now trades above its 50-day and 200-day moving averages, validating bullish momentum, CoinDesk&#8217;s market analysis model showed.<\/li>\n<li>Near-term resistance emerged near $24, with support around $21.00\u2013$21.30.<\/li>\n<li>Relative strength index (RSI) measurements approach overbought conditions at 72.72, indicating potential for near-term consolidation.<\/li>\n<li>A conclusive breakthrough above the $24.10-$24.13 resistance zone could trigger the subsequent rally phase.<\/li>\n<\/ul>\n<p>Read more<\/p>\n<p><strong><em>Disclaimer:<\/em><\/strong> <em>Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to<\/em> <em><a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see<\/em> <em><a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Oracle service Chainlink&#8217;s (LINK) native token surged 10% on Tuesday to a fresh seven-month high amid new traditional finance partnership and a recent token buyback initiative. The token topped $24 for the first time since February, extending its rally to 42% in a week. That&#8217;s the biggest gain during among the top 50 tokens by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41827","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41827"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41827\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}