Key Notes
SUN price surged 50% in 24 hours, with trading volume doubling.
SunPerp will use 100% of its revenue to buy back SUN tokens.
Justin Sun reaffirmed support with hands-on involvement in SunPerp.
The SUN token surged more than 50% in the past 24 hours, outperforming almost every cryptocurrency. During the rally, trading volume more than doubled, propelling the token into the top 110 cryptocurrencies by market cap, with its valuation now approaching $700 million.
Over the past week, SUN has gained more than 65%, driven by renewed enthusiasm for TRON ecosystem DeFi projects, according to CoinMarketCap data .
SunPerp’s Buyback Commitment
The rally followed a major announcement from SunPerp, a decentralized exchange (DEX) for perpetual contracts on the TRON blockchain. The pl