The cryptocurrency market has extended its decline, with the total market capitalization dropping by another 1% today.

Solana's price is struggling to hold above the pivotal support at $230, which has offered a strong base in the recent past. Besides, the need for an SOL ETF is intensifying with Cboe re-filing the ETF on behalf of VanEck.

Jupiter's total value locked (TVL) has now surpassed Raydium's, positioning it as the second-largest protocol on the Solana blockchain. This comes after a series of positive developments within the decentralized exchange (DEX) over the past week.

Terra Luna Classic price has continued its steep downward trend despite the network achieving a key burn milestone. Terra Luna Classic (LUNC) dropped to a low of $0.

LUNC News: In a dynamic turn of events, Terra Luna Classic (LUNC) price extended its weekly loss to over 10% on Tuesday, sparking concerns among investors globally. This bearish movement comes against the backdrop of a stockpile of statistics, including wallets being drained and funds being shifted to exchanges, alongside broader market trends.

Story Highlights The Jupiter price today is $1.213. The JUP price could hit a high of $2.15 in 2025. With a potential surge, the Jupiter price may hit $8.55 by 2030. Jupiter project is a decentralized exchange (DEX) aggregator on the Solana blockchain.

Solana-based perpetual exchange network Jupiter saw its native token surge over 25% as traders reacted to several major announcements. When writing, Jupiter (JUP) had hit an intraday high of $1.25 after botting out at $0.9449 earlier in the day.

Jupiter, Solana's leading decentralized exchange (DEX) aggregator, will use 50% of its protocol fee revenue to repurchase $JUP tokens.

In an unexpected twist following its recent bullish surge, Jupiter (JUP), the token behind the leading Solana-based decentralized exchange (DEX) aggregator, has now formed a death cross on its daily chart.

The popular Solana-based swap aggregator, Jupiter, has gained immense attention from traders as the price has been inflating for over a couple of days. The daily volume has surged from levels below $500M to above a bullion that substantiates the claim.

Crypto Prices Today, January 28: As the U.S. FOMC approaches, cryptocurrency prices continue to showcase a riveting movement. Bitcoin (BTC) price managed to regain the $102K mark intraday, whereas leading altcoins' price movements recovered after a rollercoaster ride.

Despite Jupiter's recent buy-back mechanism approach, JUP's performance remains weak.

While some view it as a positive move for long-term growth, others worry it could lead to monopolistic behavior and harm innovation in the Solana ecosystem.

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JUP token has surged amid a bearish market, driven by Jupiter's ambitious plans for a $3.6 billion token burn and a buyback program.

The cryptocurrency market is experiencing a downtrend today, affecting many altcoins. The global cryptocurrency market cap today is $3.37 trillion, down 6% in the past 24 hours.

This strategic acquisition positions Jupiter to tap into the booming world of meme coins. It allows the company to meet the rising demand for platforms focused on these profitable digital assets.

Jupiter DEX announced a $3 billion token burn, 50% fee allocation for buybacks, and Moonshot acquisition, while completing a 700 million token airdrop and reporting strong revenue growth.

Jupiter's native token JUP has emerged as the market's top gainer, climbing 6% in the past 24 hours, despite a broader market downturn during that period. The surge follows an announcement that the Solana-based decentralized exchange will burn some of its JUP tokens and allocate half of its fees to buy back tokens from the market.

Jupiter's pseudonymous founder, "Meow," concluded the platform's first-ever ‘Catstanbul 2025' event with a major announcement: the planned burning of 3 billion JUP tokens.

Jupiter, one of the leading Solana-focused decentralized exchanges, has made major announcements as part of Catstambul, its first community-focused conference held in Turkey. The project revealed the acquisition of a majority stake in Moonshot, a meme coin creation and distribution platform on Solana.

JUP, the native token for Solana-based Jupiter exchange, has seen more than 20% rise in value over the last 24 hours, fueled by recent developments in the protocol. According to CoinMarketCap, JUP went from $0.899 earlier today to a peak of $1.262.

Today's edition of the weekly recap spotlights Jupiter's major platform change at ‘Catstanbul 2025,' Elon Musk's exploration of blockchain for government efficiency, and MicroStrategy's continued Bitcoin accumulation. Meanwhile, Ledger's co-founder was rescued from kidnapping in France.

The announcement caps off the platform's Catstanbul event, which saw Jupiter make a number of major moves in the AI and memecoin space.

Jupiter Exchange expands with the acquisition of Moonshot and a partnership with SonarWatch. What about JUP?

Today, January 25, 2024, the overall cryptocurrency market seems to be struggling. Amid this, Solana-based decentralized exchange Jupiter's native token, JUP, is defying the market trend with an impressive price gain. Over the past 24 hours, this massive price surge has garnered significant attention from traders and investors.

Jupiter made a significant acquisition, and a number of major announcements, at its 'Catstanbul 2025' event in Turkey.

Jupiter, a leading decentralized exchange (DEX) on Solana, has acquired a majority stake in Moonshot, a platform designed to streamline meme coin trading.

Jupiter, the leading perpetual exchange network on Solana, is seeking more growth opportunities. In an X post, Jupiter's (JUP) pseudonymous founder, known as “Meow,” said the decentralized exchange had acquired a majority stake in Moonshot for an undisclosed sum.

Jupiter exchange, a Solana's on-chain DEX, acquired a majority stake in Moonshot. The application is instrumental as the exchange continues to distribute JUP tokens.

Solana DEX Jupiter's native coin JUP price jumped nearly 8% on Saturday, primarily riding the back of remarkable community developments. Notably, the DEX platform has marked monumental strides, acquiring a majority stake in the crypto trading platform Moonshot, among other advancements.

Jupiter's strategic acquisitions could significantly enhance its influence in the Solana ecosystem, potentially reshaping decentralized finance dynamics. The post Jupiter takes majority stake in Moonshot and integrates SonarWatch appeared first on Crypto Briefing.

Jupiter, Solana's third-largest DeFi protocol, acquires a stake in Moonshot, though the deal's specifics remain undisclosed.

Jupiter acquires Moonshot to expand its presence in the memecoin trading sector.

Sunny Aggarwal, Co-Founder of Osmosis, believes THORChain's liquidity issues mirror the 2022 Terra Luna collapse. THORChain, a decentralized cross-chain liquidity protocol, has paused its network operations due to a significant debt crisis amounting to nearly $200 million.

Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex

Once again, rounds of insolvencies have entered the crypto space, with Thorchain being the most recent. The network has paused THORFI services, probably due to its financial uncertainty, which has circulated shock waves across the markets. The functions like swaps remain active while the lending operations are on hold.

Decentralized exchange (DEX) Jupiter officially announced its much-awaited airdrop on Wednesday. The trading platform airdropped 700 million JUP coins, worth approximately $500 million, to over 2 million wallets. As of January 24, 61% of qualified participants, 578,657 wallets, had claimed their assets. Meanwhile, trader attention switched to the exchange's native token amid the ecosystem developments.

Jupiter's $500M AirDrop sees 61% claimed, but JUP price drops 11% amid sell-offs and liquidations.

TL;DR Jupiter distributed 700 million JUP tokens worth $500 million to over 2 million wallets, generating high volatility in the market. JUP's price dropped 11.22% in the last 24 hours, accompanied by a 166% surge in trading volume, reaching $609 million. Technical analysis indicates a clear bearish trend, with predictions of a drop to $0.

On Wednesday, Solana-based decentralized exchange (DEX) Jupiter launched its highly anticipated Jupuary airdrop, distributing 700 million JUP tokens worth approximately $500 million across more than 2 million wallets.

Solana-based decentralized exchange (DEX) finally launched its Jupuary airdrop today, with more than 2 million wallets eligible to receive JUP tokens.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Jupiter token dips amid technical difficulties during airdrop, with 700 million JUP distributed to 2 million wallets. The post Jupiter token price dips following airdrop launch appeared first on Crypto Briefing.

Jupiter is set to execute a significant airdrop today, distributing approximately 700 million JUP tokens, valued at $616 million.

TL;DR Jupiter is distributing nearly 700 million JUP tokens, valued at approximately $616 million, in its “Jupuary” airdrop today. The airdrop targets active users and dedicated community members, with specific allocations based on their activity levels.

On Wednesday, January 24, 2025, the Jupiter ecosystem will distribute 612 million JUP tokens for free to its users through a crypto airdrop.

Jupiter, a Solana-based decentralized exchange aggregator, is distributing nearly 700 million JUP tokens, valued at $616 million, in its much-anticipated “Jupuary” airdrop. Following the news, Jupiter's token, JUP, is currently trading at $0.88, reflecting a 33% increase since its launch in January 2024. With a circulating supply of 1.