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Meteora Executes $10M MET Buyback as Part of Revenue and Value Growth Strategy
Source: CryptoBriefing Original Title: Meteora executes $10M MET buyback as part of revenue and value growth strategy Original Link: https://cryptobriefing.com/met-token-buyback-value-growth/
Overview
Meteora, a Solana-based decentralized finance protocol, announced it spent $10 million USDC in Q4 2025 on $MET buybacks. The purchases were made from a single wallet, accumulating 2.3% of the token’s total supply since launch.
Buyback Strategy and Tokenomics
The protocol stated it will continue discretionary buybacks from the same wallet address moving forward, while focusing on revenue growth, cost optimization, and transparent reporting. This multi-pronged approach aims to:
Comet Points Ecosystem
As part of a broader effort to tie the $MET token to product utility, Meteora also introduced Comet Points. This new consumable point system rewards users for staking $MET and interacting with the platform.
Comet Points will be redeemable for benefits including:
Community-Driven Evolution
The team stated the new system is designed to evolve with community input, unlocking additional utility and engagement opportunities for the Meteora ecosystem.