Pump.fun just hit a massive milestone. The project’s buybacks of the $PUMP token have surpassed $150 million, with 9.4% of total supply already repurchased in just over three months. That makes Pump.fun only the second Solana project to ever reach this level, the first being Raydium (@Raydium), which has completed over $200 million in lifetime buybacks. It’s a powerful statement for Solana’s growing on-chain economy and a signal that revenue-backed models are taking center stage again in crypto. The Power of Buybacks in Crypto In traditional markets, companies buy back their own shares to increase shareholder value. Crypto projects do
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