Chainlink Strategic Reserve Grows by 427K LINK Amid Price Recovery
Chainlink added over 427,000 LINK to its reserve in October as the token targets $16.
Chainlink added over 427,000 LINK to its reserve in October as the token targets $16. Chainlink (LINK) is trading at ₹1,111 ($11.69). This is an original Token Times brief based on reporting by TronWeekly, with live market data added, as of Sun, 01 Nov 2026 12:15:01 UTC.
The increase in Chainlink's strategic reserve highlights the project's continued commitment to building long-term value, while the price recovery suggests renewed market interest following recent macroeconomic challenges.
- Chainlink added 427,000 LINK to its strategic reserve in October.
- Total reserve now exceeds 6.47 million LINK tokens.
- LINK price is recovering, targeting initial resistance at $14-$16.
- Chainlink's Growing Role in DeFi Fuels Positive Sentiment for LINK
- Google Gemini AI Forecasts Chainlink (LINK) Could Surge to $150–$250 by 2027
- Deepseek AI Forecasts Potential Chainlink (LINK) Price Surge
- Chainlink Whale Buys $1.02M LINK Amidst Market Downturn
- Chainlink Partners with LG CNS Amidst LINK Price Decline
- Chainlink Strategic Reserve Grows by 427K LINK Amid Price Recovery — this brief
Chainlink has increased its strategic reserve by more than 427,000 LINK tokens in October, according to TronWeekly. This addition brings the total reserve above 6.47 million LINK.
The development comes as the LINK token shows signs of recovery, with its price currently at $11.69, representing a 4.82% increase over the past 24 hours.
Analyst Alex Marzell has identified the $14-$16 range as the initial upside target for LINK, suggesting that breaking above this level could pave the way for further gains. Marzell also noted that a move above $24 is a longer-term possibility.
This reserve accumulation indicates Chainlink's strategic focus on maintaining a strong financial position, which could support future development and ecosystem growth. The timing coincides with a broader market recovery, as the total crypto market cap stands at $2.68 trillion.
The current market sentiment, as measured by the Fear & Greed Index, remains in 'Fear' territory at 30, despite 
Bitcoin's 0.76% gain over the past 24 hours. This suggests that while there are signs of recovery, the overall market remains cautious.
Since this brief published about 18 hours ago, Chainlink (LINK) has moved from ₹1,111.14$11.69 to ₹1,111.14$11.69 — +0.00%.
The chart plots LINK's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 LINK ≈ ₹1,209.97 (about $11.69), up 1.6% over 24 hours. The rupee itself trades about 8.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 31, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Chainlink Strategic Reserve Grows by 427K LINK Amid Price Re — questions & answers
What is Chainlink's strategic reserve?
The strategic reserve is a collection of LINK tokens held by Chainlink to support the project's long-term development and ecosystem growth.
Why is the $14-$16 price range significant for LINK?
The $14-$16 range is identified as the initial upside target for LINK, indicating a key resistance level that, if broken, could lead to further price increases.
How does the reserve increase affect LINK's price?
While the reserve increase reflects Chainlink's long-term strategy, the immediate price impact is more closely tied to broader market conditions and investor sentiment.
How much is 1 Chainlink worth in rupee today?
About ₹1,209.97 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $11.69. The rupee price moves with both LINK's US-dollar price and the USDT/INR rate; use our Chainlink in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from TronWeekly. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.