SUN crypto surges greater as Justin Solar pledges perpetual buybacks – elevating a recent query: can momentum maintain above $0.3 and push towards new cycle highs?
Solar Token (SUN), the governance coin of TRON’s DeFi hub SUN.io, surged on Sept. 22, after founder Justin Solar confirmed that income from a brand new perpetual change will likely be used to purchase again the token.
All of https://t.co/FrvjQXTss6’s income will likely be used to purchase again and burn SUN tokens. Typically tokenomics is definitely quite simple — the remainder of the time, the group must be targeted on the product: the bottom buying and selling charges, the very best buying and selling expertise and liquidity, and the…
— H.E. Justin Solar (Astronaut Model) (@justinsuntron) September 21, 2025
SUN traded between $0.034 and $0.035 over the previous day, with 24-hour quantity close to $950M and a market capitalization of round $656M. The session’s vary prolonged from $0.0258 to $0.0412, marking a achieve of greater than +22%.
(Supply: Coinmarketcap)
The transfer adopted the official launch of SunPerp, a TRON-based perpetuals DEX that promoted “the bottom buying and selling charges available in the market” and emphasised its revenue-to-buyback mannequin.
A press launch on Monday stated: “The $SUN token will likely be additional empowered, with SunPerp’s income used to purchase again $SUN to strengthen its worth and stability.”
The construction means each greenback of change income will likely be directed towards buying SUN on the open market, successfully tying token demand to buying and selling exercise.
In accordance with Justin Solar’s X submit, SunPerp will allocate 100% of protocol earnings to buybacks to scale back circulating provide and reinforce worth seize inside the SUN.io ecosystem.
分析的深刻 https://t.co/2uTlzx3TxV
— H.E. Justin Solar
(Astronaut Model) (@justinsuntron) September 21, 2025
Can SUN Preserve Momentum Above $0.03 After the Liquidation Spike?
In accordance with Coinglass information, the SUN token has confronted a pointy wave of liquidations over the previous few days, with each lengthy and brief positions hit.
(Supply: Coinglass)
Because the token pushed previous $0.03, it noticed its strongest rally in months, and liquidations surged above $1.5M.
Though there had been little exercise in earlier periods, the breakout prompted a collection of brief squeezes and lengthy wipeouts.
As leveraged trades proceed to unwind, the transfer highlights the growing volatility in SUN.
The $0.03 stage will likely be an important indicator of whether or not the token can keep momentum or reverse latest positive factors.
In accordance with DeFiLlama, Solar’s whole worth locked (TVL) is $986.5M as of September 22.
(Supply: DefiLlama)
That determine is much beneath the $2.5Bn peak in 2021-2022, however above the 2023 low of beneath $500M.
Regardless of much less market exercise than earlier highs, TVL has maintained a secure consumer base over the previous 12 months, circling the $1Bn mark with few fluctuations.
Solar nonetheless performs a major position in DeFi though it has misplaced a lot of its earlier dominance.
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SUN Worth Prediction: What Does the Surge in Buying and selling Quantity Imply for SUN’s Worth Motion?
Solar (SUN USDT) has made a major restoration on the 4-hour chart, after a interval of weak efficiency that began in late August.
(Supply: SUN USDT, TradingView)
After weeks of buying and selling beneath $0.02, the token burst into motion on September 18, pushing by key transferring averages and drawing new curiosity from merchants.
The breakout lifted SUN above the 50- and 100-period exponential transferring averages ($0.02448 and $0.02661), turning them into short-term assist.
Costs then surged previous $0.04 earlier than settling close to $0.034 on the time of writing. Buying and selling quantity jumped to greater than $161M, a pointy rise highlighting renewed speculative exercise.
The rally has include volatility. Candles present lengthy wicks on either side, indicating heavy shopping for and fast profit-taking.
Rapid assist sits close to $0.03, which patrons defended over the last pullback. If that ground holds, bulls might push for one more take a look at of $0.04.
Nonetheless, the sharp climb additionally raises warning. The rejection above $0.04 exhibits that profit-taking is already in play. A drop beneath $0.03 may see SUN sliding again towards the $0.026-$0.028 zone, the place the transferring averages cluster.
For now, momentum favors the bulls. The important thing query is whether or not SUN can maintain above $0.03 within the coming periods, or if volatility sends the token into one other spherical of correction.
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The submit Can SUN Worth Hit $0.01? Solar Token Exhibits No Indicators of Slowing Down? appeared first on 99Bitcoins.
