Markets· ★★★· bullish·

JUP Jumps 16.7% to $0.3775 as Solana Slips 2.5%

  • —JUP gained 16.7% in 24 hours to $0.3775, trading between $0.3126 and $0.3873
  • —24-hour volume jumped 68.6% to $171.6 million; Binance JUP/USDT handled $14.77 million
  • —Perpetual futures open interest hit $161.33 million, about 13% of market cap
  • —Total TVL across Jupiter products reached $2.664 billion; 3.319 billion JUP in circulation
Why it matters: JUP's rally against a falling Solana points to demand within the Jupiter ecosystem, though the token remains 81% below its all-time high and future unlocks could add selling pressure.
Source: The Crypto Times