The SUN token is absolutely soaring. Over the past 24 hours, it has surged more than 50%, dramatically outperforming the vast majority of the cryptocurrency market. This explosive rally was triggered by a major announcement from within the TRON ecosystem.

Trading volume more than doubled during the pump, pushing SUN’s market valuation toward $700 million and landing it in the top 110 cryptocurrencies. The token is now up over 65% for the week, fueled by renewed excitement for TRON’s DeFi projects.

The Catalyst: A 100% Revenue Sun token Buyback

The rally started after SunPerp, a decentralized exchange (DEX) for perpetual contracts on the TRON blockchain, made a huge commitment. The platform announced it will allocate 100% of its protocol revenue to buying back SUN tokens from the open market.

This aggressive strategy is designed to create constant buying pressure while systematically reducing the number of SUN tokens in circulation. This mechanism can significantly enhance the token’s long-term value by making it increasingly scarce.

This move follows the playbook of other successful TRON projects, like SunPump, which have implemented similar token-burning programs. TRON founder Justin Sun has long been a vocal advocate for these value-accrual strategies.

A History of Reducing Supply

This isn’t the first time buybacks and burns have fueled SUN’s price. The project has a consistent history of this practice.

Between August 7 and September 4, 2025, the team burned 1.65 million SUN tokens. This extends a much longer program that has destroyed a staggering 639.6 million SUN since 2021, which represents 3.2% of the total supply.

These burns have been funded by revenue generated from TRON’s leading DEX, SUNswap and its meme token launchpad, SunPump.

Technical Analysis: Can the Rally Continue?

The daily chart shows a dramatic breakout, with the price rocketing to $0.03616. However, technical indicators suggest the rally might be overheating in the short term.

• The price has shot well above the upper Bollinger Band.
• The Relative Strength Index (RSI) is at 84.55, deep in overbought territory.

This often signals a heightened risk of a pullback or a period of consolidation.

So, what’s next?

• Bullish Scenario: If momentum continues, SUN could break through the $0.038 – $0.040 resistance zone. This would open the path toward $0.050 and, eventually, the psychological $0.10 level.
• Bearish Scenario: A correction could see the price retrace toward support at $0.030, or even $0.025 if profit-taking intensifies.

The success of the buyback program will be the key factor in determining whether this rally has lasting power or is just a short-term spike.