Jupiter coin (JUP), Solana's largest Decentralized Finance (DeFi) super app, has recently emerged as a significant player in the cryptocurrency market. Predictions strongly indicate potential for high price surges, with prospects of hitting $6 by 2030. The coin is further bolstered by backing from
Ethena Labs, and has established key partnerships enabling the launch a native Solana stablecoin,
JupUSD. Despite occasional price drops, experts suggest the coin shows bullish signals after hitting a record low, pointing to a considerable buying opportunity. Jupiter's recent rise is, in part, attributed to successful integration with Uniswap through a partnership with Solana and provision of liquidity by Coinbase Bootstrap Fund. While it has experienced a drop in volume ahead of 'Jupuary' airdrop, the fact that the founder has committed 50% of fees towards token buybacks and the announcement of a $750 million USDC conversion into JupUSD stablecoin indicates a strong market stance. The creation of the
Jupiter prediction market, and the new lending protocol further enhances its market position. With its full launch of the Solana-based prediction market slated for 2026, Jupiter is poised for sizeable long-term gains.
Jupiter Coin News Analytics from Fri, 17 Jan 2025 14:48:01 GMT to Tue, 18 Nov 2025 17:36:05 GMT -
Rating 8
- Innovation 8
- Information 7
- Rumor -2