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.
Jupiter, a leading decentralized exchange on Solana, reported a 360% year-to-date growth in off-market trading volume of tokenized equities, with over 65% of trades occurring outside traditional market hours. The number of tokenized equity holders on...
Jupiter has launched Spot V2, a fully rebuilt trading platform on Solana that transforms its DEX aggregator into a comprehensive trading terminal. The new platform features Ultra Mode, which reduces trading costs by about 10 times through smart routi...
Bitcoin rose 0.75% to $64,328 after recent volatility, as markets await the Federal Reserve's potential first rate hike in three years due to 4.1% inflation. Traditional markets show cautious optimism with slight gains in S&P 500 and Nasdaq futures, ...
Audiera (BEAT), a decentralized music streaming token, surged 21.33% to $3.48, reaching a market cap of $1.07 billion. The rise follows new partnerships with major artists, boosting investor interest. Other altcoins like Lighter (LIT), Bittensor (TAO...
Cryptocurrency markets saw a general decline with Bitcoin falling 1.72% to $63,743 and Ethereum down 1.24% to $1,916. Several altcoins experienced sharper drops, including SHIB down nearly 7% and NEAR down over 7%. Stablecoins remained steady around ...
