Jupiter is the largest DEX on Solana, with a 2025 revenue of $1.11 billion, ranking second in DeFi, but JUP has fallen 76.7%. A $70 million buyback still couldn't stop the decline. On January 3rd, co-founder SIONG solicited opinions on suspending the buyback, and Helium also halted HNT buybacks on the same day. The failure was due to token unlock inflation and lack of holding incentives.

Article by: Nancy, PANews As one of the most profitable DeFi protocols globally, Jupiter's "cash ability" has failed. Over the past year, it has spent over $70 million in real funds on buybacks, yet the token continues to decline. Faced with the awkward situation of "the more buybacks, the more it drops," Jupiter recently solicited opinions from the community, attempting to suspend the buyback narrative and explore a new reward paradigm. Additionally, Helium founder Amir stated that the market doesn't seem to care whether the project team is repurchasing tokens, so under the current circumstances, they will stop wasting funds on HNT buybacks. When a simple and aggressive buyback strategy fails, where is the way out to break the curse of falling token prices? Spending $70 million to save the token price, Jupiter plans to halt the buyback program Business level

Today's News Highlights: 1. Hong Kong JPEX case update: Internet celebrity "Master Zhu" faces three additional charges of money laundering, involving over HKD 18.8 million. 2. Trust Wallet browser extension has been re-listed on the Chrome Web Store. 3. Aave plans to explore sharing protocol external revenue with token holders, supporting the team to independently build products on the protocol. 4. Helium founder: Due to lukewarm market response, the team will cease repurchasing HNT tokens. 5. Data: In 2025, Solana's on-chain fee revenue surpasses $600 million, exceeding Ethereum and TRON. 6. Cryptocurrency phishing attack losses in 2025 plummeted by 83% to $83.85 million, with victims decreasing by 68%. Macro Hong Kong JPEX case update: Internet celebrity "Master Zhu" faces three additional charges of money laundering, involving over HKD 18.8 million. According to Hong Kong media Ming Pao report

Helium (HNT) – one of the most prominent decentralized physical infrastructure networks (dePIN) on the Solana blockchain (SOL) – has recorded an increase of over 16% in the past month, driven by the acquisition program (buyback) that started on October 20. The daily trading volume of the token only increased by 25%,

Key Notes Helium (HNT) surges 4% while the broader crypto market remains flat. The network reported a massive growth in data usage and revenue metrics. Network activity and token burns fuel renewed investor confidence. Helium HNT $2.38 24h volatility: 1.1% Market cap: $444.23 M Vol. 24h:

dYdX is going all out! The community proposes that starting from November for a duration of three months, 100% of the transaction fees will be used to buy back DYDX Tokens, with the community treasury investing millions of dollars to back it up. Voting officially kicks off on November 3rd. (Background: Helium announced daily "Token Buybacks" to replace burning, aiming to restore HNT value) (Additional background: ApeX Protocol launches "Token Buyback Program": initially investing $12 million plus 50% of protocol revenue, $APEX surged 32%) The decentralized futures trading exchange dYdX recently proposed a significant plan in the official community forum, suggesting that starting from November 1, 2025, 100% of the net transaction fees of the protocol will be fully used for DYDX Token buybacks, lasting for three months. The proposal emphasizes that this is an experiment, and this experimental plan is expected to kick off on November 3.

Helium (HNT) price has been rejected at key moving averages and is showing pressure near the lower boundary. Market cap dropped coinciding with high trading volume suggesting heavy sell-off activity. Despite a short recovery, HNT’s price is now $1.85, down 12.91% weekly, with volume cooling off an

Helium announced that it will switch to daily repurchase of HNT instead of direct destruction, aiming to attract traditional funds and stabilize the Token ecosystem. This move will utilize the holding assets to generate income through the Digital Asset Treasury (DAT), drop fluctuation risk, and enhance the market value of HNT.

On October 21, Helium announced the transition to a daily HNT acquisition mechanism through the automatic average price system (DCA), replacing the previous "token burning" method. This move aims to increase the scarcity of HNT, directly linking it to daily network revenue while also attracting institutional investors. According to Heliu

Date: Thu, Oct 09, 2025 | 12:10 PM GMT The cryptocurrency market is witnessing volatility today after an impressive rally that sent Bitcoin (BTC) to a new all-time high of $126,000 before correcting to around $123K. Ethereum (ETH) also slipped over 2%, adding mild pressure across major altcoins —