Spark has opened a major governance vote, and the whole community is paying attention. The Spark Governance Vote will decide whether the project should add a new “programmatic buyback” system.
This idea has become important because it has earned more than $10 million since its token launch in June, and now the community must choose how this money should be used to support the protocol and its token, SPK.

Source: X (formerly Twitter)
With polls open until 27 November 2025, this proposal is shaping the direction of project’s future.
This proposal suggests that the project will use 10% of treasury funds above its “target value” to buy this cryptocurrency from the market each month. The repurchased tokens will return to the SubDAO Proxy as reserves. As it's treasury grows, the buyback amount grows too.
The goal is simple: keep the system transparent, reduce confusion about treasury decisions, and make sure SPK holders benefit from it’s growth.
They says the buyback plan links protocol revenue, community rewards, and long-term stability. The team also believes this upgrade will help the crypto asset move into a better and more sustainable phase.
The organisation places all its net revenue into the SubDAO treasury. By introducing a rule-based buyback system, the project hopes to create steady support for SPK, especially during slow crypto market periods. Many users say this plan gives the digital asset a stronger financial foundation and makes sure treasury decisions follow clear guidelines. The Spark Governance Vote is therefore seen as a step that aligns it’s operations with community interests.
As per the CoinMarketCap Spark (SPK) price gained 2.22% in the last 24 hours, even though the weekly and monthly trends are still down. Spark’s move toward institutional liquidity products and its staking system are helping reduce selling pressure. Technical indicators also show that selling is slowing, although liquidity is still low, causing faster price swings.

Source: CoinMarketCap
It is trading close to $0.031, holding just above key support at $0.030.
If it stays above $0.030, it may test $0.0318 again.
A breakout above $0.0318 could push the token toward $0.0330–$0.0335 soon.
If it loses $0.030 support, it may retest $0.0278, which was the recent bottom.
Short-term range: $0.0290 – $0.0340.
The Spark Governance Vote is the biggest driver in this period.
Looking at the wider chart, the project is building a base but has not fully reversed its downtrend yet. For a long-term shift, it must break above $0.036 and hold that level.
If this buyback plan passes and treasury inflows continue, it could slowly move toward the $0.034–$0.038 zone over the next few months.
If market conditions weaken or liquidity stays low, it may continue moving sideways between $0.028–$0.033 through early 2026.
Long-term outlook: gradual recovery but not a runaway rally unless volume increases and stronger support forms on the chart.
Disclaimer: This article is for informational purposes only, kindly DYOR before investing in crypto markets.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.