Jupiter Token Buyback - What’s Happening With $JUP

Major Keys About Jupiter Buyback

Alright, let’s dive into the Jupiter ($JUP) token buyback buzz! If you’re in the Solana ecosystem, you’ve probably heard about this already. Jupiter, the leading DEX aggregator on Solana, is making waves with a bold buyback strategy. Here’s the scoop—and why it’s got people talking.

1/On Feb 13, 2025, Jupiter dropped a bombshell: starting Feb 17, they’d use 50% of their protocol fees to buy back $JUP tokens and lock them up for 3 years. That’s right—HALF their revenue funneled into reducing circulating supply. The announcement came after their Catstanbul 2025 event hinted at big moves.

2/ Why’s this a big deal? Buybacks reduce the number of tokens floating around, which *could* mean more scarcity and upward pressure on $JUP’s price over time. Plus, locking them for 3 years signals confidence—Jupiter’s playing the long game, not chasing short-term pumps.

3/ Let’s talk numbers. Jupiter’s reportedly pulling in serious cash—some estimates say $102M in revenue for 2024 alone. If that holds, we’re looking at $50M+ annually for buybacks. Others peg it higher, with projections of over $100M a year based on current fee trends. That’s *millions* of $JUP off the market.

4/ Context: Jupiter’s been killing it lately. November 2024 saw $17M in revenue alone, and with Solana DEX volumes exploding (thanks, meme coins!), their fee gains are at all-time highs. At $110B monthly volume, even a tiny fee cut translates to massive buyback power.

5/ The plan’s already moving. Since Feb 17, posts on X suggest Jupiter’s bought back enough to yank 16M+ $JUP monthly at current prices. That’s no small dent in a 1.68B circulating supply (out of 10B total). And they’re promising a dashboard soon for full transparency—watch this space!

6/ Price action? $JUP’s been volatile. It spiked 40% to $1.27 after the initial Catstanbul tease in January, then settled around $1.05-$0.95 recently. Post-buyback kickoff, it’s up ~10% since Monday, trading at $0.9529 as of Feb 20. Bulls say it’s got room to climb—maybe even $2 by year-end?

7/ But it’s not just about price. Jupiter’s founder, Meow, says $JUP’s value isn’t tied to buybacks alone—it’s about community. “Every coin’s a meme coin,” he quipped. This move aligns incentives: holders feel safer, new buyers see potential, and sellers get absorbed by the buy pressure.

8/ There’s more to the story. Alongside buybacks, Jupiter’s burning tokens—$3.6B worth (3B $JUP) was torched in January, slashing supply to 7B. Add in acquisitions like Moonshot and SonarWatch, plus the “Jupnet” omnichain beta, and Jupiter’s flexing hard in the DeFi space.

Risks? Sure. Some X posts grumble about delays—buybacks were teased in Jan, then pushed to Feb 17, with actual buying starting “later.” If fees dip or Solana cools off, the buyback pace could slow. And let’s be real: crypto’s wild—nothing’s guaranteed.

So, what’s the takeaway? Jupiter’s betting big on $JUP, using cold hard cash to back it up. It’s a power move that could cement their dominance on Solana—and maybe send $JUP soaring if the stars align. Bullish or cautious, this is one to watch. TRACK THE BUYBACK HERE 

Jupiter Token Buyback - What’s Happening With $JUP

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Alright, let’s dive into the Jupiter ($JUP) token buyback buzz! If you’re in the Solana ecosystem, you’ve probably heard about this already. Jupiter, the leading DEX aggregator on Solana, is making waves with a bold… pic.twitter.com/RdFjhgIrYD

— Sam (@OnlineNewsaren1) February 20, 2025