On August 7, 2025, Chainlink announced the creation of a LINK treasury funded by protocol fees, resulting in a price surge for the token.
LINK Treasury Creation Plan
Chainlink is implementing a plan to create a **LINK treasury** funded by protocol fees and token purchases in the market. This initiative utilizes a **revenue conversion** mechanism through Payment Abstraction technology. Shortly after its launch, more than **$1 million in LINK** was added to the reserve.
LINK Price Surge and Strategic Insights
As of August 7, 2025, LINK traded at $18.33 with a market cap of $12.43 billion. The token's value increased by 9.32% in the past 24 hours. LINK's trading volume exceeded $804.40 million, marking a significant surge of 126.81%.
Chainlink's Long-Term Sustainability
Community discussions highlight the **long-term potential** of this initiative. While Chainlink officials have not provided direct comments, activity on social platforms indicates positive reception about potential increases in LINK's value. The transparent growth of the reserve on Ethereum and its documented blockchain nature have received favorable feedback.
The establishment of LINK treasury by Chainlink underscores the importance of long-term strategies for maintaining token prices and overall market stability.