Bitcoin Shows Early Recovery as $2 Billion Buybacks Lift Business-Style Crypto Projects
Updated
Updated · The Motley Fool · Jul 12
Bitcoin Shows Early Recovery as $2 Billion Buybacks Lift Business-Style Crypto Projects
3 articles · Updated · The Motley Fool · Jul 12
Summary
Bitcoin is showing early recovery signs after its worst stretch since 2022, with investor interest shifting toward crypto projects that return operating revenue to token holders.
Hyperliquid leads that theme: its Assistance Fund has used nearly 99% of exchange trading fees to buy and burn more than $2 billion of HYPE, removing 4.7% of maximum supply.
Lighter has already burned 6.3% of LIT through fee-funded buybacks, while Bittensor’s subnet model lets AI-service revenue support token repurchases tied to actual demand.
That model raises pressure on Ethereum, Solana and other majors, whose fee generation has translated poorly into holder returns—Ethereum holders are still down 8% over five years.
The next cycle could still hinge on new risks and themes, including quantum-security upgrades such as Bitcoin’s BIP-360 plan, tokenized real-world assets and a renewed fight over financial privacy.