Solana: All about the impact of the Jupiter airdrop on the network
Following the Jupiter Airdrop, the Solana network experienced a notable upswing in growth.
Keep up with what's happening in the crypto world in real-time.
Following the Jupiter Airdrop, the Solana network experienced a notable upswing in growth.
Jupiter price prediction: The market was a buzz this week as JUP, a token backed by decentralized exchange (DEX) Jupiter debuted after a hyped airdrop. While users of the platform celebrated the airdrop, a sense of frenzy spread across the market amid notable listings on leading exchanges like Binance, Bithumb, and OKX.
This strategic partnership marks a pivotal development in the crypto ecosystem. Particularly for new users who are looking to dive into the world of digital assets with ease and minimal cost.
After retesting $42,000 support on Thursday, Bitcoin price steadied above $43,000 in both the European and US sessions, sustaining at least a 2% gain in 24 hours. Top altcoins to buy like Solana (SOL) and Chainlink (LINK) spearhead the recovery, likely to improve sentiment into the weekend.
Solana-based Jupiter airdrop has generated substantial excitement, driving decentralized exchange (DEX) trading activity on the layer1 blockchain network beyond that of Ethereum. Data from DeFillama shows that Solana-based DEXs facilitated trades totaling $1.14 billion in the last 24 hours, surpassing the approximately $1.13 billion traded on Ethereum-based platforms during the same period.
Is JUP price about to explode after the recent announcement.? Let's take a look at this Jupiter price prediction article
This collaboration aims to improve user experience within the Solana ecosystem. As the JUP token hovers around $0.60, the crypto community closely monitors developments and market dynamics.
Jupiter Exchange's native token, JUP, caused a stir in the global crypto scene as it helped three traders secure massive profits amid the broader market. These traders, identified as airdrop hunters, raked in over $1 million from the JUP airdrop, receiving 5.5 million JUP valued at $3.6 million across 27,600 wallet addresses, as revealed by Solscan's data.
Solana's decentralized exchange, Jupiter Exchange (JUP), creates waves with its strategic partnerships and a buzz surrounding its native token, JUP. Notably, Jupiter recently announced a collaboration with Mercuryo, a fiat on-ramp provider, aiming to enhance the user experience within the Solana ecosystem.
Jupiter Exchange's native token, JUP, recently echoed a sense of frenzy across the global crypto landscape on Friday as the token aided three traders in nabbing colossal profits within the broader crypto market. According to the data unveiled by Look On Chain, these traders were airdrop hunters who recently made over $1 million in the
One of the most-anticipated airdrops faced social media ire over its novel token distribution plan.
On February 2, blockchain analysis service “Lookonchain” revealed that the airdrop by Jupiter, a leading DeFi platform on the Solana blockchain, which got started on January 31, has been very good to some people. As the Phantom wallet team explained recently, the JUP token is the governance token of Jupiter.
Critics have come down heavily on how the JUP token was launched barely 24 hours after its highly anticipated airdrop.
Jupiter's $700 million JUP airdrop showcased Solana's scalability limits while propelling the DEX to new heights and highlighting blockchain growth versus governance tensions.
Meow, the pseudonymous founder of Solana DEX aggregator Jupiter, has responded to criticisms of the project's massive JUP airdrop.
Solana was tasked with the weight of carrying Jupiter's airdrop, which led to a rise in the former's volume.
The pseudonymous Meow isn't bothered by the ‘FUD,” and says crypto influencers crying foul “only understand buy/sell.”
The cryptocurrency market witnessed a significant downturn with the introduction of the JUP token, a new digital asset from Jupiter, a decentralized exchange built on the Solana blockchain.
Jupiter successfully launched its JUP token. The airdrop, one of the largest in crypto history, distributed an astounding $700 million worth of JUP tokens to almost a million wallet holders. Jupiter's JUP Token Airdrop Distributes to Nearly a Million Users The cryptocurrency world witnessed one of the largest token airdrops in its history on Jan.
Less than 24 hours following Jupiter's much-anticipated airdrop, some critics are raising concerns about how the JUP token was launched.
Altcoins To Buy: Certain altcoins emerge as beacon lights for potentially high returns as the cryptocurrency market navigates through volatility. Among these, Solana (SOL), Jupiter (JUP), and Manta Network (MANTA) stand out for their unique value propositions and recent performances.
In a surprising turn, Solana's Jupiter DEX Token drops 70% following its recent listings on major exchanges.
On Wednesday (January 31), the highly anticipated Jupiter (JUP) airdrop took place. Jupiter, a decentralized exchange aggregator built on the Solana blockchain, has been making waves in the crypto space lately, even surpassing Uniswap in terms of trading volume.
Amid the Jupiter Exchange token debacle, one airdrop farmer over $1 million in JUP coins using thousands of Solana wallet addresses.