Jupiter, a DeFi platform built on the
Solana network, is testing new horizons with a flurry of activities aimed at creating more use cases for its native
JUP token. The platform has recently launched
Limit Order V2, a feature enhanced privacy on Solana. In a bid to boost stability, the platform has also joined forces with
Ethena to launch JupUSD, a native Solana
stablecoin.
Presented as a promising investment, Jupiter's price rise has been termed with
positive speculation. This bullish sentiment is rooted in its plans to fully launch a
Solana-Based Prediction Market by 2026. Furthermore, the platform appears to be rapidly adapting its framework and features. As part of this, Jupiter introduced its
Ultra V3 - a high-speed trading engine that ranked among the top three Solana Meme coins.
Jupiter has also caught the attention of financial giants like
Coinbase due to its provision of high stability. However, it experienced a steep 80% crash, causing panic among JUP Holders. Despite this set back, recent moves to buyback JUP tokens with 50% of fees, and the announcement of a substantial token burn has seen Jupiter's token price rise by 40%. Jupiter's management of potential token unlock pressure and the hint of its continued involvement in meme coin trading continue to generate a lot of buzz about its future performance.
Jupiter Coin News Analytics from Fri, 17 Jan 2025 14:48:01 GMT to Wed, 29 Oct 2025 17:12:05 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor 3
