Token Buybacks Are Booming. But Do They Really Make Crypto Tokens Go Up?

Crypto protocols spent more than $1.4 billion buying back their own tokens in 2025. Hyperliquid alone made up about 46% of that total, using roughly 97% of its trading fees to buy HYPE. Other major protocols, including Aave, Uniswap, Sky, Pump.fun, Aptos, and Solana, are trying similar strategies: use protocol revenue to support the value […] Read The Full Article Token Buybacks Are Booming. But Do They Really Make Crypto Tokens Go Up? On Coin…