Sun Token: announces a recurring buyback and burn - 24 Jul 2026

Sun Token says the next recurring buyback and burn is happening, with an estimated 6,739,424.20 SUN set to be burned, according to the official announcement on X.The announced burn removes an estimated 6.7 million SUN from circulation through the protocol's recurring buyback process. That gives holders a clear tokenomics signal tied to protocol activity, since the source describes burns as a reflection of ecosystem volume and revenue.The practical effect comes from supply reduction linked to operating activity rather than a one-off change. A limitation is that the post says final figures will come in a later transparency report, so the stated burn amount remains an estimate until that report is published.Real volume drives real value. 📊Every token burn is a direct reflection of $SUN’s ecosystem activity. As trading volumes on continues to grow, the protocol revenue generated feeds right back into our sustainable tokenomics.The next recurring buyback &…