The Sign Foundation recently completed a significant buyback initiative for its native token, SIGN. This strategic action, worth $12 million, aims to bolster the ecosystem and demonstrate long-term commitment to the SIGN token’s value. 2 phase approach was employed during the buyback: open market purchases totaling $8 million and private settlements, which involved direct agreements with large holders or early investors, resulting in further supply consolidation without immediate market volatility. This move has significant implications for SIGN token holders. This is driven by a belief in the project’s stability and future growth. The Foundation’s buyback serves as a strong signal of confidence for both existing and potential investors, aiming to support price stability while potentially increasing demand for the token.