According to breaking news, the Orca DAO ($ORCA) is proposing to use approximately 55,000 SOL from its treasury for $ORCA buybacks and staking on the Orca validator. $ORCA token holders can vote for 5 days, followed by a 2-day waiting period.
$ORCA price experienced increased volatility following the news.

Chart showing the increase in volatility in $ORCA price.
*This is not investment advice.