Fuel Network’s Extended Buyback Program
Following the successful completion of a $1M FUEL token buyback on May 23, 2025, Fuel Network announced an extension of its program, allocating $250K per week for 3 weeks, totaling $750K. The bought tokens will be transferred to a public Ethereum mainnet address, ensuring transparency. Buybacks typically aim to reduce circulating supply, potentially increasing token value—a strategy often used to boost investor confidence (openrwa.io). For Fuel, a layer-2 rollup focused on scalable blockchain infrastructure, this move underscores their commitment to tokenomics stability. Recent NewsFuel Network has been making strides in 2025. Their mainnet, Fuel Ignition, launched earlier this year as a high-performance Ethereum rollup, building on their legacy as the first optimistic rollup on Ethereum mainnet in 2020 (medium.com, 2022). The recent $1M buyback completion marks a milestone in their efforts to support $FUEL’s market presence. However, their Points Program, which rewarded early contributors, closed recently, shifting focus to new contribution opportunities (app.fuel.network). Future PlansFuel aims to enhance its ecosystem by attracting more dApps and users, a sentiment echoed in community feedback on X. Their roadmap includes improving FuelVM for smarter contract execution and integrating with modular blockchains like Celestia for better scalability (medium.com, 2022). These developments could position Fuel as a leader in high-throughput blockchain solutions. Onchain DataSpecific onchain metrics like $FUEL transaction volume or wallet activity aren’t publicly detailed in the provided context, but Ethereum mainnet data shows steady layer-2 adoption, with rollups handling over 10% of transactions in Q1 2025 (theblock.co). Fuel’s transparent buyback address allows holders to verify token movements on Etherscan. Community SentimentReactions on X are mixed. While some users like @evl1987 and @BerryBeeeear applaud the buyback, others like @SpaceandtimeCN and @aekanttikariha argue Fuel should prioritize dApp growth and exchange liquidity over buybacks, reflecting a broader debate on tokenomics strategies. Risk DisclaimerBuybacks can lead to short-term price volatility, so investors should DYOR and monitor market trends before acting.
Fuel Network
May 26
