DBR, the governance token of the Solana-based cross-chain protocol deBridge, has surged 29% in just 15 minutes today. The move catapulted it to a three-week high of around $0.027 before settling around $0.024. The price gain pushed the token’s market capitalization to approximately $50.11 million, with over $49 million in 24-hour trading volume.
deBridge is a decentralized cross-chain protocol that enables secure, near-instant transfers of assets, data, and messages across networks such as Ethereum, Solana, and BNB. It boasts of leveraging both on‑chain smart contracts and decentralized validators to ensure security and transparency.
What Fueled the DBR Surge?
The rapid 30% surge in DBR was fueled by the launch of the deBridge Reserve Fund, which commits 100% of protocol earnings to buy DBR on the open market. Interestingly, since its pilot launch in June 2025, the fund has accumulated over 1.3% of the total DBR supply, approximately $3.2 million worth.
2/ Support the DBR token economy
100% of deBridge protocol earnings are currently being used to acquire DBR from the open market as part of a long-term ecosystem alignment strategy.
The fund has already accumulated more than 1.3% of the total supply of DBR (~$3.2M equivalent). pic.twitter.com/nXUyY62g4Q
— deBridge Foundation (@deBridgeFdn) July 24, 2025
Notably, according to an official blog statement, the Reserve Fund’s strategy extends beyond token buybacks. It stakes DBR across platforms like Kamino, Aave, and Lido for additional yield, while liquidity provisioning boosts fees and capital efficiency.
Complete on-chain transparency of these operations, visible to all via Solscan, further strengthened investor trust, driving DBR’s significant price jump. Needless to say, the crypto community deeply values transparency, trusting it as the foundation for credibility and growth.
The deBridge Reserve Fund aims not only to support DBR price sustainability but also to lay the groundwork for shifting to a diversified, decentralized treasury. The team noted that assets beyond DBR are likely to be considered if they align with protocol growth objectives and community governance decisions.
Altcoins Make Records
This week, altcoins reached notable highs, including Ether (ETH), BNB, and Solana (SOL). ETH has surged to six-month highs, recently climbing above $3,840. Over the past week and month, ETH has rallied 8% and 53%, respectively, driven by institutional treasury demand. BNB broke past its previous record to hit a new all-time high of $809 on July 23.
On the other hand, Solana climbed back above the $200 mark for the first time since February, a sharp move from mid-June lows near $150. Although SOL is currently priced at $190, it has increased by over 30% month-to-date, fueled by optimism surrounding a potential Solana ETF.
