TRON's JST Token Experiences Significant Growth

TRON's decentralized finance protocol token, JST, has shown notable performance, according to ChainCatcher. CoinMarketCap data indicates that JST is currently priced at $0.04581, marking a 13.55% increase over the past week. The token's 24-hour trading volume has surged to $43 million, reflecting a rise of over 32%. On January 16, JustLend DAO completed its second large-scale buyback and burn, with the total amount of JST burned now accounting for 10.96% of its total supply. This deflationary mechanism enhances market scarcity and provides foundational support for investor confidence, contributing to JST's price reaching a new high.