CM|Mar 07, 2026 12:48
Looks like Spark has started buybacks, buying every hour with small amounts around 1k each. There's about $500k left in this address.
Currently, the protocol is estimated to earn $28M annually, which isn't particularly high, but SPK's market cap is only $48M, and FDV is under $200M.
Seems like no one pays attention to this during the bear market. Let it settle until the next cycle, it should perform pretty well.
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