Jupiter DEX has released a number of notable advancements, including a prediction market for the F1 Mexico Grand Prix winner powered by Kalshi. The exchange established a partnership with Ethena Labs to launch the Solana native stablecoin,
JupUSD. The
Ultra V3 trading engine debut only solidified Solana DeFi's strength, providing faster routing and stronger protection. Uniswap added Solana support in a significant collaboration with Jupiter, creating a $140B opportunity. Meanwhile, the
JUP Coin witnessed fluctuating fortunes despite these developments, with potential token unlock pressures. The continuous developments are encouraging, yet potential price drops must be acknowledged. The launch of a significant JupUSD airdrop and the plans to buyback JUP tokens using 50% of fees next week point toward future growth.
In other developments, Coinbase aims to enhance stablecoin liquidity on several platforms, including Jupiter, using a new bootstrap fund. Jupiter's partnership with Anchorage Digital enhances Solana DeFi's strength. On the downside, Jupiter received criticism after a NPM attack and concerns regarding a possible price drop after a significant rally. Altcoin season experienced momentum as Jupiter's volume shot up 17%, and the
Solana-based Exchange is expected to launch a native stablecoin. Looking toward the future, Jupiter's price prediction signals possible long-term gains, projecting a rally towards $1, which remains highly speculative.
Jupiter Coin News Analytics from Fri, 17 Jan 2025 14:48:01 GMT to Wed, 22 Oct 2025 06:16:27 GMT -
Rating 2
- Innovation 4
- Information 6
- Rumor 5
