Chainlink's native token, $LINK, is seeing its supply on centralized exchanges drop to record lows, indicating a trend of long-term holding and accumulation. This development aligns with increased institutional adoption, as global banks begin integrating Chainlink's oracle solutions for asset tokenization and cross-chain interoperability. Speculation is mounting around the potential launch of a LINK ETF, alongside reports of U.S. government agencies exploring partnerships with Chainlink for blockchain integration. Additionally, the Chainlink Reserve initiative is gaining traction for its potential impact on liquidity and staking.