As Chainlink Launches a Strategic Crypto Reserve, Should You Buy LINK Here?
Chainlink (LINKUSD) is a blockchain network that was created to solve the “blockchain oracle” problem, which is the inability of blockchains to access external, real-world data. Chainlink’s niche gives it an indispensable use case, and it has climbed to become the 12th-largest crypto project by market capitalization today.
The protocol is undeniably useful, but its native token, LINK, has been a receipt rather than a necessity. Node operators are paid in LINK, but that single use was not a value driver, and it has underperformed other cryptos like Bitcoin (BTCUSD) significantly since 2021.
Things have changed significantly in recent years.
Chainlink rolled out staking in 2022, and holders can now stake tokens…