The recent momentum surrounding $JST isn’t accidental — it’s the result of fundamentals that are becoming increasingly difficult for the market to ignore. If you’ve been tracking its performance, you may have noticed that JST is beginning to show the characteristics of a true “golden shovel” token: a core asset that benefits directly from protocol usage, deflationary supply mechanics, and ecosystem rewards. And this week, two major factors are strengthening that narrative even further.
First, **deflation is now fully in motion**. The first phase of JustLend DAO’s buyback-and-burn program has been completed, permanently reducing circulating supply. This is not symbolic and not based on artificially minted incentives — the burn is funded by real revenue generated from genuine borrowing activity on TRON’s largest lending protocol. When supply decreases while on-chain activity continues rising, the long-term support for price becomes undeniably strong. This kind of deflationary action is exactly what sophisticated investors look for in a governance asset.
Second, **passive income continues through the ongoing staking snapshot airdrop event**. As long as you stake JST, you qualify for airdrop rewards. This creates a powerful incentive: holders receive recurring benefits simply for supporting the network. With buybacks tightening supply and staking offering direct rewards, JST is positioned in a sweet spot where both tokenomics and user incentives align.
And this is only the beginning of the flywheel. The recent listing of JustLend support for WBTC introduces a new wave of TVL — or as the community likes to call it, **Total Value Limit**. Higher TVL means more borrowing activity, more revenue, more buybacks, and stronger deflation. As liquidity deepens, protocol usage increases, which in turn enhances JST’s overall economic value. This virtuous cycle is the hallmark of a well-designed DeFi ecosystem.
For long-term investors, holding JST right now should feel comforting. You’re backed by real numbers, real burns, real revenue, and real yields — not hype. If you pay attention to the **official daily data updates released every afternoon**, you’ll notice the steady, consistent growth across TVL, active users, and protocol income. Data doesn’t lie, and JST’s fundamentals are quietly strengthening with every cycle.
The combination of deflation, passive income, expanding liquidity, and increasing protocol adoption positions JST as one of the most fundamentally sound assets in the TRON DeFi landscape. If this momentum continues, the market will eventually reprice JST to reflect its intrinsic value — and long-term holders will be the ones who benefit most.
