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Maple's SYRUP token drops 24% despite rising revenue and buybacks

Protocol Fundamentals
19 Oct 2026
Crypto Briefing
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Bearish
Maple's SYRUP token drops 24% despite rising revenue and buybacks

Maple Finance's governance token SYRUP fell about 24% in a week, trading near $0.19, even as the company reported increased revenue, assets under management, and token buybacks. September revenue rose to $1.57 million, assets under management grew 18% year-on-year to around $4.7-$4.8 billion, and buybacks doubled compared to August. The price drop is attributed to broader altcoin market weakness, low liquidity, and technical trading factors. The ongoing buyback program tied to revenue growth could support future demand for SYRUP tokens.

Maple Finance's SYRUP token price movement provides context for readers following cryptocurrency trends. As of Oct 19, 2026 22:31 WIB, among 50 major cryptocurrencies tradable on Pluang, 41 rose and 8 fell. Notable movers include SUSHI at Rp3.914 with a 1-day change of +3.92% and a Pluang order activity of 14% Sell / 86% Buy, BCH at Rp5.033.152 with +3.85% change and 77% Sell / 23% Buy activity, and XTZ at Rp5.477 with +3.63% change and 16% Sell / 84% Buy activity. The most notable figure is SUSHI's 86% buy activity on Pluang.

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