$70 Million Buybacks Failed to Save Jupiter: Solana Co-Founder Explains Why The Token Strategy Broke
Jupiter Exchange’s $70 million buyback marketing campaign in 2025 failed to cease the relentless downward stress on its JUP token, which continues to face $1.2 billion in upcoming unlocks. The token has fallen 89% from its peak, highlighting the constraints of typical buyback methods in a market characterised by important emissions, ongoing unlocks, and structural…
