Crypto

Chainlink Surges on Wallet Expansion and AI Initiatives

Guavy AI Editorial Team Published August 15, 2026

Instruments

LINK

Chainlink (LINK) has surged 8.02% in value after its project reserve wallet increased by 127,740 LINK to a total of 5.48 million LINK.

The expansion is part of several initiatives that are fueling demand for the token, including new AI agent capabilities and ongoing ETF inflows through the Bitwise Chainlink ETF (CLNK).

LINK remains above its 20-, 50-, and 200-day moving averages with near-term technical resistance still ahead.

The Wire

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