Spark completed its first month of token buyback, spending 571,957 USDS to purchase 26.66 million SPK

By: rootdata|2026/04/05 20:46:02

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According to on-chain analyst Yu Jin's monitoring, Spark completed its first month of token buyback half an hour ago, spending 571,957 USDS to purchase 26.66 million SPK, with an average price of $0.0215. The 26.66 million SPK bought back over the month is approximately 1% of the circulating supply of SPK, and their buyback plan is expected to last for 12 months. Roughly estimating based on this number, a year's buyback could acquire 12% of the circulating supply of SPK, which is about 320 million SPK (6.86 million USD).

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