SAROS (Saros) has pumped 11.70% in the last 24 hours.

Gate News Bot news, September 15, according to CoinMarketCap data, as of the time of writing, SAROS (Saros) is currently priced at $0.40, with a rise of 11.70% in the last 24 hours, reaching a high of $0.43 and a low of $0.29. The current market capitalization is approximately $1.055 billion, an increase of $111 million from yesterday.

Saros is a decentralized liquidity protocol based on the Solana blockchain, providing users with the ability to deposit, earn yields, and build long-term growth. The platform's total value locked (TVL) has reached $49.6141 million, with a cumulative trading volume exceeding $626 million. Saros offers two main types of liquidity pools: Dynamic Liquidity Market Maker (DLMM) and Automated Market Maker (AMM) to meet the needs of different users.

Important recent news about SAROS:

1️⃣ Saros Foundation Launches Large-Scale Buyback Program The Saros Foundation has announced the launch of the SAROS token buyback plan and has completed the buyback of the first 100 million tokens. This initiative aims to invest in future growth and demonstrates the project's confidence in the long-term development of SAROS. A large-scale buyback may reduce the market circulation, helping to support the token price.

2️⃣ SAROS experienced a sharp price crash and then a strong rebound The SAROS token recently experienced a price flash crash, but quickly rebounded, with the price rising over 100%. This dramatic price fluctuation has attracted widespread attention in the market and may draw more investors and traders to participate, thereby increasing market liquidity.

3️⃣ Saros ecosystem continues to develop As an important DeFi project in the Solana ecosystem, SAROS continues to focus on providing decentralized liquidity services. Its dual liquidity pool strategy of dynamic market makers (DLMM) and automated market makers (AMM) offers users diverse participation options, helping to attract more users and funds into the ecosystem.

From a technical perspective, SAROS has shown strong upward momentum in its recent price movements, breaking through several key resistance levels. However, given the high volatility of the cryptocurrency market, investors should remain vigilant about potential retracement risks.

This message is not to be considered as investment advice; investors should be aware of market volatility risks.