Meteora (MET) Price Prediction

Deep Dive

1. Revenue-Funded Buybacks (Mixed Impact)

Overview: In December 2025, Meteora executed a $10 million USDC buyback, acquiring 2.3% of MET's total supply (Meteora). The protocol commits to discretionary buybacks from operational revenue to counter quarterly unlocks of 22 million MET tokens. However, recent news notes "revenue softening," raising questions about the program's longevity (NullTX).

What this means: This is a bullish mechanism for creating artificial scarcity and supporting the price, directly linking protocol success to token value. If sustained, buybacks could keep net circulating supply flat—a rare feat. The bearish risk is that declining revenue forces the team to scale back purchases, allowing dilution to outweigh demand.

2. Comet Points & Staking Rewards (Bullish Impact)

Overview: Launched alongside the buyback announcement, the Comet Points system rewards users for staking MET and using Meteora products. Points are redeemable for airdrops, presale access, and services, creating an internal economy (Meteora). Furthermore, a plan to distribute 10% of DLMM protocol revenue to MET stakers in USDC was announced in June 2026 (Jaypee).

What this means: This directly incentivizes holding and staking MET, reducing liquid supply and creating a sticky holder base. By tying tangible benefits to the token, Meteora enhances its utility beyond governance, which could drive sustained demand if the rewards are perceived as valuable.

3. Market Position & Sentiment Risks (Bearish Impact)

Overview: Meteora is a core liquidity infrastructure for Solana, processing significant volume. However, it faces fierce competition from rivals like Pump.fun, which implements more aggressive token burns (Millionero Magazine). Sentiment is also fragile; in March 2026, traders speculated Meteora could be the target of an insider-trading investigation, which hurt its performance (Kantian).

What this means: While Solana's DEX growth is a tailwind, MET must continuously innovate to retain market share. The sentiment overhang from past controversies adds a risk premium, potentially limiting multiple expansion until clear governance and transparency are demonstrated.

Conclusion

MET's path involves a tug-of-war between strong fundamental catalysts (buybacks, utility) and persistent headwinds (competition, sentiment). For a holder, this implies a focus on quarterly revenue reports and Comet Points adoption as signs of execution.
Will operational revenue rebound sufficiently to make the buyback program a permanent price floor?