𝗝𝗦𝗧 𝗕𝘂𝘆𝗯𝗮𝗰𝗸 𝗮𝗻𝗱 𝗕𝘂𝗿𝗻 𝗗𝗿𝗶𝘃𝗲𝘀 𝗮 𝗦𝘁𝗲𝗮𝗱𝘆 𝗦𝗵𝗶𝗳𝘁 𝗧𝗼𝘄𝗮𝗿𝗱 𝗛𝗶𝗴𝗵𝗲𝗿 𝗟𝗼𝗻𝗴-𝗧𝗲𝗿𝗺 𝗣𝗿𝗶𝗰𝗲 𝗟𝗲𝘃𝗲𝗹𝘀
The first JST buyback and burn marked a clear shift in how the JustLend DAO ecosystem converts real protocol revenue into long-term value for token holders, and the price action since then tells a very straightforward story.
On October 22, 2025, JustLend DAO completed its first on-chain buyback and burn, permanently removing JST from circulation. At the time of completion, JST was trading at $0.03314. There was no instant spike or artificial pump. Instead, the market responded gradually as supply reduction met sustained demand.
One week later, on October 29, JST had moved to $0.03467, representing a 4.62% increase. This early move reflected the market beginning to price in the impact of reduced circulating supply rather than reacting to short-term speculation.
By November 22, one full month after the burn, JST reached $0.03746, a 13.04% increase from the burn completion price. At this stage, the trend was no longer noise. The token was establishing higher lows while liquidity remained healthy.
The strongest confirmation came on January 9, 2026, when JST recorded a recent high of $0.04489, representing a 35.46% increase from the burn completion level. This move happened well after the event itself, showing that the impact of supply reduction compounds over time rather than delivering instant gratification.
As of January 16, 2026, JST is trading at $0.04109, still 23.99% higher than the price at the moment the burn was completed. Even with normal market pullbacks, JST has held a structurally higher range than before the burn.
What makes this important is not just the price movement, but the mechanism behind it. JustLend DAO is not burning tokens based on hype or temporary incentives. It is using real protocol revenue generated from lending, staking, and energy rental activity across the TRON ecosystem. This creates a direct feedback loop where higher usage leads to higher revenue, which in turn leads to permanent supply reduction.
This is a clear example of a DeFi protocol operating like a mature financial system:
➠ Revenue is generated from real usage
➠ Supply is reduced transparently on-chain
➠ Market pricing adjusts over time as fundamentals strengthen
If you are tracking JST, the key takeaway is simple. The first burn did not create a short-term spike. It established a higher long-term valuation baseline. As additional buyback and burn phases are executed, the same dynamic compounds.
If you want to follow the data directly and stay updated on future burns and DAO decisions, you can explore everything here:
▫️JustLend DAO: justlend.org
▫️JST token overview: coinmarketcap.com/currencies/jus…
▫️On-chain activity and burns: justlend.org/transparency?l…
If you believe in DeFi protocols that turn real revenue into measurable, on-chain value, JST is worth paying attention to.
