Below is the holder revenue for solana:JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN
Which is the amount going into token buybacks every day
Right now it's at roughly 70k per day
Bear market, lower volume, etc...
In 2025 the holder revenue was more around 300k
If we come back to those levels once volume starts increasing again
That would mean 22% of the tokens bought back per year at current market cap
Now imagine when
@JupiterExchange becomes the home of on chain finance which is very likely given the speed at which they ship quality products
Predictions, tokenized stocks, lending, spending, offer book, DEFI, etc...
1M per day is 100% possible in the near future
That would make solana:JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN a
$HYPE type of play and they would be buying back 73% of the tokens at current market cap
Obviously this insane yield would attract many investors, the price would go up, and yield would stabilize lower
I guess what I am saying is if you believe in Solana and in the future of on-chain finance
Jupiter, which handles like 80% of all transactions on Solana, is insanely cheap here
Cheers