en.bitcoinsistemi.com
Buyback activity in the cryptocurrency market has accelerated significantly in the last 30 days.
According to the data, protocols have repurchased over $183 million in total. $HYPE, $ASTER, and $PUMP topped the list, while other major projects also saw consistent but smaller buybacks.
Officials note that the majority of buybacks are funded by protocol revenues, with $ASTER, in particular, aggressively pursuing a burn + buyback strategy.
Here is the list of altcoins that have had the most buybacks in the last 30 days and the total amount of their buybacks:
- $HYPE – $81.02 million
- $ASTER – $52.88 million
- $PUMP – $22.46 million
- MPLX – $8.43 million
- GMX – $6.12 million
- RAY – $4.73 million
- LINK – $3.21 million
- JUP – $2.65 million
- AAVE – $1.96 million
It is seen that the speed of buybacks has accelerated on a monthly basis, especially in L2 and next-generation DeFi protocols, with buybacks increasing by up to 40% in some projects compared to the previous 30 days.
*This is not investment advice.