Project news
With a total value of $67.24 million, Chainlink's strategic reserve has increased to 5.86 million LINK
Odaily Planet Daily reports that according to Onchain Lens monitoring, Chainlink (0x9a70...9ec6) increased its strategic reserve by 91,100 LINK, valued at approximately $1.06 million. In the past 30 days, Chainlink's strategic reserve has increased by a total of 511,000 LINK, valued at about $5.52 million; the total strategic reserve now reaches 5.86 million LINK, valued at approximately $67.24 million.
FRNT introduces near real-time on-chain reserve verification, with Wyoming adopting Chainlink as the sole verification infrastructure
Odaily Planet Daily reports that the Wyoming Stablecoin Commission in the United States has announced the adoption of Chainlink Proof of Reserve to provide near real-time on-chain reserve verification for the state's official stablecoin, Frontier Stable Token (FRNT). Previously, Wyoming had migrated its cross-chain infrastructure from LayerZero to Chainlink CCIP and further designated Chainlink as the sole on-chain asset verification infrastructure. The auditing firm The Network Firm will review FRNT's reserves and token supply according to the American Institute of Certified Public Accountants (AICPA) standards, and the verification data will be uploaded on-chain via Chainlink to reduce information gaps between reporting periods.
The U.S. Department of Commerce uses Chainlink to put macroeconomic data on-chain
Deep Tide TechFlow news, on September 01, according to Cointelegraph, the U.S. Department of Commerce officially adopted Chainlink to publish core macroeconomic data on-chain, covering key indicators such as real GDP, PCE price index, and real final sales by private domestic purchasers, marking the first deep integration of traditional government data with blockchain infrastructure.
Chainlink repurchased 127,700 LINK, with a total reserve scale reaching 5.48 million LINK
BlockBeats news, on August 15, according to Onchain Lens monitoring, Chainlink completed another LINK buyback operation, purchasing 127,740 LINK, worth approximately 1.12 million USD, and transferred the tokens into the reserve wallet.
Data shows that Chainlink Reserve currently holds about 5.48 million LINK, valued at approximately 48.5 million USD, with an average purchase cost of 11.14 USD per token.
The scale of on-chain tokenized assets is expected to reach $4 trillion by the end of 2028, and Standard Chartered Bank expects Chainlink to reach $200 by the end of 2030
Odaily Planet Daily reports that Standard Chartered Bank launched coverage of the blockchain oracle project Chainlink on Monday, forecasting LINK to reach $200 by the end of 2030, about 25 times the current price of around $8. The bank's phased targets are $13 by the end of this year, followed by $41, $82, and $133. Standard Chartered expects the on-chain tokenized asset scale to reach $4 trillion by the end of 2028, and DeFi deployed asset scale to reach $2.7 trillion by 2030, a 37-fold increase from the current level. The bank anticipates Chainlink fees to grow about 25 times during the same period and assumes the token price will follow fee growth. Chainlink secures a total value exceeding $110 billion, covering about 70% of the global DeFi value dependent on oracles, with over 80% share on Ethereum; Aave V3 accounts for 44% of that. Institutions using its services include Swift, DTCC, Euroclear, JPMorgan, Mastercard, UBS, Fidelity, and S&P Global. Chainlink still lags behind LayerZero in cross-chain interoperability. Since the $292 million attack in April, over $7 billion worth of tokens have migrated to Chainlink CCIP, with Q2 transaction volume reaching $4.9 billion, a year-on-year increase of 353%. Risks include institutional tokenization slowdown, pilots not transitioning to production processes, and technical failures affecting confidence. (Decrypt)
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