2026-01-18 13:26:19

The popular project Pump.fun in the Solana ecosystem has recently made new moves in token economics. According to on-chain data, yesterday this platform spent 8,751 SOL (equivalent to approximately $1.267 million) to buy back 431.3 million PUMP tokens.

What’s even more noteworthy is the long-term effect. Since launching the buyback program in mid-July last year, Pump.fun has spent about $250 million to acquire its own PUMP tokens. What is the direct result of this operation? The total circulating supply of PUMP has been compressed by 19.449%.

In comparison, this sustained buyback effort is indeed changing the token’s supply structure. By continuously purchasing PUMP from the market, the project team is implementing a deflationary strategy while also signaling ongoing confidence in its development. Such measures are not uncommon in SOL ecosystem projects, but the ability to invest such a large amount of capital into this depends on the project’s cash flow and confidence.

SOL-1.07%

PUMP-4.56%

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DaoTherapy

· 5h ago

$250 million buyback, this level of confidence is impressive --- It's just about burning money to suppress supply; how long it can last remains to be seen --- Wow, a 19.449% reduction in circulating supply—this data is pretty intense --- With such abundant cash flow, it shows that Pump.fun is really attracting funds --- Deflation strategies are old hat; the key is whether they can support the token price --- The approach in the SOL ecosystem is pretty much the same—buybacks, burns, supply suppression; these tactics are everywhere --- Why spend so much on buybacks and not just burn? Why keep circulating in hand? --- A bit aggressive, but I’ll wait and see what happens next

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TokenVelocityTrauma

· 5h ago

Investing 250 million reduces the size by 19%. The data looks quite solid, but it's uncertain how long it can last.

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PanicSeller

· 5h ago

$250 million buyback, this move is really aggressive, but can deflation save the day?

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ForkInTheRoad

· 5h ago

$250 million buyback, this move is indeed aggressive. But trying to pump the price with only a 19% reduction in circulating supply? It depends on whether there is genuine growth to support the rally later on.

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BearMarketSurvivor

· 5h ago

2.5 billion invested to reduce the supply by 19%, the cash flow must be very abundant. --- Pump is really gambling with its life. If you believe in it, you dare to play like this. --- Everyone can talk about the deflation strategy, but few actually pour real money into it. --- This move is purely betting that the subsequent price increase can cover the costs. --- With such a significant reduction in supply, be cautious of the selling pressure later. --- The project team is willing to spend so much money, at least indicating they still believe in themselves. --- Every time I see news about buybacks, I think of those projects that have cooled down, which once made grand promises. --- Spending $1.26 million in a day shows how confident they are. --- Deflation doesn't necessarily mean a price increase; pump depends on how the subsequent ecosystem develops.

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FrontRunFighter

· 5h ago

nah this is just textbook supply manipulation wrapped in "deflationary tokenomics" language... burning 2.5M to squeeze supply by 19% sounds nice until u realize they're literally controlling the game board

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MysteryBoxOpener

· 5h ago

$250 million buyback, this move is indeed aggressive. Now it's just a matter of whether it can truly hold up.

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