According to breaking news, the Orca DAO (ORCA) is proposing to use approximately 55,000 SOL from its treasury for ORCA buybacks and staking on the Orca validator. ORCA token holders can vote for 5 days, followed by a 2-day waiting period.
ORCA price experienced increased volatility following the news.
Chart showing the increase in volatility in ORCA price.
*This is not investment advice.