JST: Hits $0.1 as JustLend DAO Buybacks Ignite

JST cleared the $0.1 level for the first time since 2022 after JustLend DAO executed three rounds of token burns totaling 1.356 billion JST, or 13.7 percent of supply, worth more than $100 million.

The move stems directly from protocol revenue recycling into quarterly buybacks, tightening float while JustLend DAO TRON DeFi TVL climbed above $6.7 billion on the back of the Binance Wallet integration and the $4.5 million TRON DeFi Summer campaign that launched July 6.

Price action on the four-hour chart shows JST pressing the upper Bollinger Band at $0.1 while RSI(14) prints 79.64, confirming overbought conditions; the MACD golden cross remains intact and price sits exactly at the EMA50 support-turned-resistance of $0.1, with the EMA200 at $0.09 acting as the next structural floor should a healthy pullback develop before the next leg higher.