Chainlink, known for its decentralized oracle implementations, announced the launch of the Altcoin Reserve—a new long-term accumulation pool. The fund is expected to gather over $1 million by 2025.
Introduction
The Altcoin Reserve will function as an accumulation pool utilizing both on-chain and off-chain revenues, including protocol payments. The organization anticipates that by August 7, 2025, the reserve will hold over $1 million in altcoins.
Trends in Reserves and LINK Supply
According to CryptoQuant, altcoin reserves on exchanges have dropped to 146.9 million units, the lowest level in over two years. This decline indicates a contraction in circulating supply on centralized platforms. Analysts suggest this could lead to a LINK supply shock.
Economic Model and LINK Integration into Business
The Altcoin Reserve is funded by real revenues from business operations converted into LINK tokens. Chainlink plans to allocate 50% of service fees for accumulation, indicating a shift in the economic model towards service provision rather than speculation.
The launch of the Altcoin Reserve may increase interest and demand for the LINK token over time, defining its future trajectory in the cryptocurrency market.
