Spark completes its first month of buyback, purchasing 26.66 million SPK tokens

SmartContractAuditor · 2026-04-05T12:31:28+00:00

Odaily Planet Daily reports that according to on-chain analyst Yu Jin's monitoring, Spark's first-month buyback transaction has been completed, with a total expenditure of 571.9k USDS to purchase 26.66 million SPK, at an average price of $0.0215. This buyback accounts for approximately 1% of SPK's circulating supply, and the buyback plan is expected to last 12 months. Based on this estimate, it is projected that 12% of SPK's circulating supply, approximately 320 million tokens worth about $6.86 million, will be repurchased over the course of the year.

SmartContractAuditor

2026-04-05 12:31:28

Odaily Planet Daily News: According to on-chain analysts monitoring by Yu Jin, Spark’s first month of buyback transactions has been completed. A total of 571.9k USDS were used to purchase 26.66 million SPK, at an average price of $0.0215. The buyback amount is about 1% of SPK’s circulating supply, and the buyback plan is expected to last 12 months. Based on this estimate, the company is expected to buy back 12% of the circulating supply of SPK over the full year—about 320 million tokens—worth approximately $6.86 million.

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