Jupiter's dominance in Solana's decentralized exchange (DEX) market is waning as its daily routed volume share falls below 50% for the first time, now at 48.9%. Meanwhile, OKX has surged to capture a record 31.3% of daily volume, leveraging its X Routing engine and large centralized user base. Other competitors like dflow and Titan also hold notable shares. Jupiter has responded by launching Iris, a meta-aggregator that routes trades through multiple platforms to maintain its front-end position. This shift signals growing competition in Solana's DeFi ecosystem, with potential impacts on Jupiter's governance token and market dynamics ahead.
Amylyx Pharmaceuticals' stock surged 54.43% after its drug avexitide showed positive Phase 3 trial results, cutting hypoglycemic events by 55% in post-bariatric patients. UBS set a $45 price target, implying a 36% upside from current levels. The stoc...
Ondas is expanding its market and technology through acquiring Aran Defense Ltd., enhancing its autonomous and defense systems. The company reported record Q2 revenue of $83.8 million, up 67% from the previous quarter and over 13 times year-over-year...
Xiaomi Corp reported better-than-expected earnings per share of $0.05 and revenue of $16.04 billion, surpassing analyst forecasts. However, the company faces significant margin pressure from rising component costs and weaker consumer demand, causing ...
Mercury Systems, a tech company in aerospace and defense, is expected to report Q2 earnings with EPS of $0.38, a 19.2% drop year-over-year, and revenue of $266.10 million, down 3%. Despite the decline, the company maintains a low debt-to-equity ratio...
An analyst from Scotiabank raised the price target for Public Storage (NYSE: PSA) to $346, suggesting a potential 5.75% upside from the current price of $327.18. Institutional investors like Capital Financial Group and Harvest Fund Management have in...
