Jupiter, a Solana-based
DeFi Superapp, has been making significant headway in the cryptocurrency market. Noted for its
stablecoin JupUSD, developed in collaboration with
Ethena Labs, Jupiter's presence in the crypto sphere is growing. The
launch of this
native Solana stablecoin has drawn increased attention to Jupiter, which also saw a notable
18% surge in its daily gains.
The
cryptocurrency exchange has faced its share of hurdles with skeptical forecasting hinting at further price dump. However, Jupiter's resilience is seen in its plan to
defy token unlock pressure and its ventures in further establishing its
lending protocol,
staking, and
prediction markets.
The Solana DeFi Exchange remained relentless with its innovation, launching its
Ultra V3 equipped with faster routing and stronger protection. Their plan to
convert a substantial amount of USDC into JupUSD signifies their sustained commitment to their native stablecoin.
Coinbase announce its integrated plan to boost
stablecoin liquidity on Aave, Morpho, Kamino, and Jupiter through a revival of the stablecoin DeFi fund. Jupiter's token price saw a
40% rise after the promising announcement of a
3 billion token burn and
50% fee buyback plan.
Jupiter isn't slowing down with her ambitious expansion, launching its
Limit Order V2 on Solana with privacy features, and a partnership with
Kalshi to create a prediction market.
Jupiter Coin News Analytics from Fri, 17 Jan 2025 14:48:01 GMT to Tue, 11 Nov 2025 08:00:00 GMT -
Rating 6
- Innovation 7
- Information 7
- Rumor 3
