Jupiter (JUP) gains 23%, driven by strong Spot buying and rising perpetual futures activity.

Jupiter (JUP) surged 23% in the latest trading session, supported by increased Spot market accumulation and a rise in perpetual futures trading. Spot buying has been steady, with $577,000 accumulated in the past 24 hours and $1.84 million over the last 30 days, indicating sustained investor interest. Meanwhile, Open Interest in perpetual futures rose over 22%, reaching its highest level since February 2026, signaling strong speculative activity. However, liquidity clusters near $0.20 may cap further gains, and downside risks remain due to persistent selling pressure and liquidity zones below the current price, suggesting potential short-term volatility.