So awesome!! $SAROS has directly experienced a textbook-level surge this year — the price was only $0.015 at the beginning of the year, and on August 4th it soared to $0.4136, a yearly increase of 2,464%, with a market value exceeding 1 billion USD.
The driving force behind this is clear: in June, Saros launched its innovative DLMM (Dynamic Liquidity Market Maker), significantly improving capital utilization and trading experience, achieving a trading volume of 60 million USD in just two months.
But what’s even more aggressive is the foundation's action — the first batch directly invested 38 million USDT, withdrawing 100 million $SAROS from the market, and promised to continuously buy back and burn 20% of the protocol's income every year thereafter.
Fixed supply + long-term buying pressure, this supply-demand pattern is a breeding ground for price increases. Coupled with the recent heat in the Solana ecosystem, $SAROS is likely not just a short-term excitement but a long-distance runner.
#Saros #Solana #DeFi
@saros_xyz