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$70 Million Buybacks Failed to Save Jupiter: Solana Co-Founder Explains Why The Token Strategy Broke

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TL;DR:

Jupiter Exchange’s $70 million buyback campaign in 2025 failed to stop the relentless downward pressure on its JUP token, which continues to face $1. 2 billion in upcoming unlocks.

Key Points:

  • $70 Million Buybacks Failed to Save Jupiter: Solana Co-Founder Explains Why The Token Strategy Broke
  • Involves SOL cryptocurrency

    • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development could influence SOL price action and market sentiment in the near term.