Orca proposes a token buyback plan amid an 80% rally, voting ends Oct. 10.

Orca, a Solana-based liquidity protocol, has proposed creating a team-operated account dedicated to token buybacks, aiming to allocate 10% of fees to this account through a new fee-sharing arrangement. This proposal comes as the token has surged over 80% in the past week, rising nearly 10% on Wednesday to $2.903. The community vote on the buyback and fee-sharing plan is scheduled to close on October 10, which will determine the next steps for the protocol's governance and token value support.

Following Orca's proposal for a 10% buyback account, the token shows strong momentum on Pluang, trading at Rp51,423 with a significant 17.64% gain in the past day as of Oct 07, 2026 12:31 WIB. The market cap stands at Rp3.18 trillion, supported by a 24-hour trading volume of Rp6.86 trillion. Pluang users are slightly more inclined to buy, with 52% of order activity favoring purchases and a typical hold time of 33 days, indicating active interest in the token.