EtherFi initiates $50 million token buyback to stabilize falling crypto valuations

EtherFi has launched a $50 million buyback program to address persistent volatility in its native token, aiming to support investor confidence amid declining market capitalization. The move follows weeks of heavy liquidations across decentralized finance markets and steep drawdowns in Ethereum-linked assets. By repurchasing tokens from secondary exchanges, EtherFi intends to enhance price stability and reassure long-term holders. Analysts say this represents one of the largest on-chain capital interventions this quarter and underscores emerging liquidity pressures as crypto markets remain under broad correction trends globally.