Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
These 3 Altcoins Turned the Market Crash Into a Comeback With Massive Buybacks

These 3 Altcoins Turned the Market Crash Into a Comeback With Massive Buybacks

BeInCrypto2025/10/12 05:09
By: Oluwapelumi Adejumo
WLFI-0.35%S-0.96%ASTER+0.10%
Following Trump’s abrupt tariff announcement that triggered a sharp crypto downturn, several blockchain projects—including World Liberty Financial, Aster, and Sonic Labs—announced large-scale token buybacks to stabilize their ecosystems.

The crypto market continues to recover from the sharp downturn triggered by US President Donald Trump’s abrupt tariff announcement.

While traders are still processing the impact, several blockchain teams are taking proactive steps to stabilize sentiment and rebuild confidence across digital assets.

WLFI Leads Token Buyback

Over the past 24 hours, World Liberty Financial (WLFI), Aster, and Sonic Labs each announced large-scale token buyback programs. These initiatives aim to ease selling pressure and demonstrate long-term commitment to their ecosystems.

On October 11, WLFI disclosed that it had allocated $10 million to repurchase its native WLFI tokens using the USD1 stablecoin.

While others panic, we stack. 🦅Today we bought $10 million worth of $WLFI — and this won’t be the last time.We know how the game is played.

— WLFI (@worldlibertyfi) October 11, 2025

According to the team, the initiative forms part of a broader resilience plan designed to steady prices as the broader market remains volatile.

Blockchain data shows the buyback was executed using a Time-Weighted Average Price (TWAP) model. The algorithm spreads purchases evenly over time to prevent sudden price swings.

By dividing orders into smaller intervals, WLFI avoided distorting its own market and achieved an average purchase rate closer to fair value.

Notably, the project previously confirmed that all repurchased tokens will be permanently burned. This strategy reduces circulating supply and strengthens price support over time.

Aster and Sonic Follows

On the other hand, Aster, a decentralized exchange backed by Binance founder Changpeng Zhao, followed suit with a 100 million ASTR token buyback.

Unlike WLFI’s open-market strategy, Aster transferred tokens from its treasury wallet but emphasized that the effort reflects its long-term confidence in the project.

These 3 Altcoins Turned the Market Crash Into a Comeback With Massive Buybacks image 0Aster Token Buyback. Source: BSC Scan

Meanwhile, the timing coincides with the rollout of its Stage 2 Airdrop Checker, which has spurred higher user engagement as Aster continues to challenge perpetuals leader Hyperliquid.

At the same time, Sonic Labs also acted to shield its ecosystem from further declines.

While most networks were struggling to stay online, Sonic operated flawlessly. Zero pending transactions, near-instant finality, and sub-cent fees across every DEX and app.And while others pulled back, we stepped forward by adding $6 million in open-market buying, increasing…

— Sonic (@SonicLabs) October 11, 2025

On October 11, Sonic Chief Executive Mitchell Demeter revealed that the firm purchased 30 million $S tokens—roughly $6 million worth—and added them to its treasury.

Indeed, Demeter argued that holding native assets provides more substantial long-term returns than stablecoins.

“Through it all, the Sonic network performed exactly as designed. Zero pending transactions, hundreds of TPS sustained for hours, near-instant finality, and sub-cent fees. No congestion across DEXs or infrastructure. Pure, consistent performance,” he added.

These buyback programs underscore how blockchain teams use token repurchases and burns to absorb selling pressure and stabilize markets.

As a result, DWF Labs Managing Partner Andrei Grachev said his firm plans to support struggling projects recovering from the recent market downturn. This would include deploying a combination of capital injections, loans, and repurchase programs.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Key Market Information for October 13th—A Must-Read! | Alpha Morning News

1. Top News: The total cryptocurrency market capitalization has rebounded above $4 trillion, with a 24-hour increase of 5.6%. 2. Token Unlock: $SVL.

BlockBeats2025/10/13 02:25
Clues of the "End of the Bull Market": The "Bull's Tail" Is the Fattest and Everyone Is Bullish

The dangerous signal of "bad news is good news."

深潮2025/10/13 01:58
What does DeFi need for its next milestone?

It's not about larger scale, but about trust in automation.

Chaincatcher2025/10/13 01:56
Why does your position suddenly get liquidated during extreme market conditions?

A cash game without BTC, with the automatic deleveraging mechanism activated when long and short positions become imbalanced.

Chaincatcher2025/10/13 01:56

Trending news

More
1
Key Market Information for October 13th—A Must-Read! | Alpha Morning News
2
Clues of the "End of the Bull Market": The "Bull's Tail" Is the Fattest and Everyone Is Bullish

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,373.13
+4.55%
Ethereum
Ethereum
ETH
$4,184.01
+12.27%
BNB
BNB
BNB
$1,299.37
+16.28%
Tether USDt
Tether USDt
USDT
$1
+0.03%
XRP
XRP
XRP
$2.54
+8.90%
Solana
Solana
SOL
$196.5
+12.26%
USDC
USDC
USDC
$1
+0.05%
Dogecoin
Dogecoin
DOGE
$0.2078
+13.72%
TRON
TRON
TRX
$0.3239
+3.73%
Cardano
Cardano
ADA
$0.7068
+13.06%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter