Buyback activity in the cryptocurrency market has accelerated significantly in the last 30 days. According to the data, protocols have repurchased over $183 million in total. HYPE, ASTER, and PUMP topped the list, while other major projects also saw consistent but smaller buybacks. Officials note that the majority of buybacks are funded by protocol revenues, with ASTER, in particular, aggressively pursuing a burn + buyback strategy. Related News: Strategy CEO Responds: Will the Company Sell Bitcoin? What Will Happen to the BTC Price in the Future? Here is the list of altcoins that have had the most buybacks in the last 30 days and the total amount of their buybacks: HYPE – $81.02 million ASTER – $52.88 million PUMP – $22.46 million MPLX – $8.43 million GMX – $6.12 million RAY – $4.73 million LINK – $3.21 million JUP – $2.65 million AAVE – $1.96 million It is seen that the speed of buybacks has accelerated on a monthly basis, especially in L2 and next-generation DeFi protocols, with buybacks increasing by up to 40% in some projects compared to the previous 30 days. *This is not investment advice. Continue Reading: Altcoins with the Most Buybacks in the Last 30 Days Revealed
