📊 Solana Data Insights – @Solana Projects Now Account for 40% of Weekly Token Buybacks Across Crypto ✍️ @ario_57_ Key takeaways: • Weekly token buybacks jumped from $14.5M to $46.8M in just two weeks (+158%). • Solana protocols now account for 40% of weekly buybacks, up from 10.8% in June. • Hyperliquid leads with $27.1M weekly (58% share). • Ethereum falls to just 2.5% of buyback share. • Jupiter commits $1M–$2.3M weekly to $JUP repurchases. • Raydium buys back $500K–$1.5M of $RAY each week. • Step Finance directs 100% of revenue (~$120K) to $STEP buybacks. • ramped $BONK buybacks from $2.6M to $6.6M in July. • surged from $125K to $13M weekly, now ~29% of total. • Across all protocols, $340M+ spent on buybacks in 90 days. • Profitability diverges: Raydium +19%, +11.8%, BONK –26%. Subscribe for the full breakdown👇
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