Solana-based JUP hikes 30% as market falls: Do predictions say more gains?
The token may be set to hit the prestigious $2 mark in a short while.
Keep up with what's happening in the crypto world in real-time.
The token may be set to hit the prestigious $2 mark in a short while.
Despite the market's notable liquidation, Solana and Jupiter have recorded double-digit growth, becoming the top gainers Friday.
It is a decentralized cryptocurrency exchange based on Solana.it is built from Nxts system based on cryptography and blockchain technology. Jupiter directly connects all DEX markets and AMM pools no matter the provider and will find all direct and multi-hop routes between any two tokens on Solana.
The Solana ecosystem has experienced notable growth, and SOL's price has turned many experts bullish on it. Similarly, the Solana-based tokens are showing impressive performances during this bull run, with many being among the top gainers in different timeframes.
Jupiter, the biggest decentralised exchange (DEX) in Solana, is gaining market share as demand for tokens in the ecosystem rise. As a result, JUP, the network's token, has surged to a record high of $1, which was about 130% above its lowest level this year. Its market cap has soared to over $1.2 billion.
With every new year popping up on our calendar, the cryptocurrency space is going through tons of changes. In this evolving world, Binance has established itself as a trusted and star player.
This pivotal moment empowers JUP holders to shape the platform's future by engaging in this crucial decision-making process. The LFG initiative is more than an election.
Users have already staked $123 million worth of JUP to vote on which Solana project will get to debut a token via Jupiter's LFG launchpad.
The Solana-based trading platform was experiencing issues with its price feed infrastructure.
TL;DR Jupiter DAO's Launch and Voting System: The Jupiter Decentralized Autonomous Organization (DAO) is set to launch, starting with a trial vote. Jupiter (JUP) token holders, by securing their tokens, gain the right to vote for Liquidity Farming Group (LFG) nominees or support proposals.
The much-anticipated launch of the Jupiter Decentralized Autonomous Organization (DAO) is slated to revolutionize governance within the decentralized finance (DeFi) space. With its inception imminent, here are the essential details you need to know about this groundbreaking initiative.
The JUP token price continued its parabolic move this week as Jupiter's market share in the decentralised exchange (DEX) industry rose. The token soared to a high of $0.6388, its highest point since February 2nd. It has jumped by more than 46% from its lowest point this year.
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This key event signals a major milestone for Jupiter DAO, readying to vote on the platform's first two launches. This initiative from Jupiter Exchange underscores the platform's commitment to fostering innovation and community engagement within the blockchain ecosystem.
The cryptocurrency market is experiencing a mini-bull run, with innovative projects and tokens gaining new heights. Leading data and research firm Kaiko recently disclosed that eight crypto tokens have collectively recorded an impressive $8 billion in spot trading volume since the current bull run in late 2023.
Crypto industry's leading data and research firm Kaiko revealed some of the best performing tokens in this min-bull rally since 2023-end and 2024. The bulls are driving the crypto market towards a new all-time high as these new projects and tokens enter the space.
Two important announcements from Jupiter will give users a better experience managing their funds. Firstly, Jupiter exchange has introduced an innovative solution that bridges Ethereum assets to Solana, leveraging the capabilities of Moongate.
In a recent development echoing concerns in the financial market, Jupiter Asset Management, a prominent player in the investment arena, has decided to pull its investment from the 21Shares Ripple XRP exchange-traded product (ETP). This decision comes amidst mounting regulatory issues in Ireland, signaling a cautious approach towards cryptocurrency investments in certain jurisdictions.
Jupiter Asset Management reneges on an investment in the 21Shares Ripple XRP exchange-traded product (ETP) due to regulatory concerns in Ireland.
Jupitеr, a prominent investment firm, has recently madе hеadlinеs for rеvoking its investment in thе 21Sharеs Ripple XRP exchange tradеd product (ETP). The dеcision came as a result of rеgulatory concerns in Irеland, which the firm's compliance division flagged thе invеstmеnt leading to its cancеllation.
Jupiter Asset Management reverses its investment in the Ripple XRP ETP over regulatory concerns, reflecting the complexities of navigating compliance in the cryptocurrency market amidst ongoing legal disputes and regulatory uncertainty.
Jupiter Asset Management's compliance department reportedly flagged and then cancelled the Ripple XRP ETP purchase, resulting in a minor loss.
Jupiter faces regulatory hurdles as it ventures into crypto investments, highlighting the fragmented regulatory landscape across the European Union (EU).
Jupiter, an esteemed asset management firm, recently found itself at the heart of a regulatory conundrum, showcasing the complex tapestry of regulations governing crypto investments across the European Union.