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Jupiter (JUP) surges 15% on stablecoin addition and strategic reserve buys, reclaiming key support level.

Market News
02 Jul 2026
AMBCrypto
View Source
Bullish
Jupiter (JUP) surges 15% on stablecoin addition and strategic reserve buys, reclaiming key support level.

Jupiter (JUP) rose over 15% in 24 hours, driven by adding its stablecoin JupUSD to its liquidity pool and plans for a $500 million USDC-to-JupUSD transition. The strategic reserve also increased buying pressure by acquiring over 350,000 JUP recently, contributing to supply reduction through token burns. JUP reclaimed a lost trendline support level, suggesting a potential bullish shift if it holds above $0.24, with possible gains to $0.28. This rally highlights Jupiter's growth as a major liquidity provider on Solana and its evolving on-chain finance system.

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Jupiter (JUP) price jumps 12.58% with no confirmed catalyst amid thin trading volume.

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Jupiter's 50M JUP staking rewards must be claimed by Oct 7, 2026 via support ticket, or they revert to the community treasury.

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Jupiter's Active Staking Rewards (ASR) program distributes 50 million JUP quarterly to users who staked and participated in governance. For Q2 2026, unclaimed rewards must be claimed by October 7, 2026, via a support ticket, as the usual claim button...

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