Jupiter (JUP) was a multi-purpose app on Solana, and costs and income peaked. Nonetheless, the JUP token remains to be below stress.
Regardless of the elevated curiosity within the Solana ecosystem, JUP remains to be buying and selling at low ranges with no indicators of a breakout. Jupiter’s companies are key to meme token buying and selling, common routing to Solana DEX, and different duties. This app is usually one of many principal fee producing apps on Solana.
JUP traded in a comparatively slender vary and failed to interrupt out regardless of total optimism for altcoins. |Supply: Coin Gecko
Nevertheless, native JUP tokens don’t present any relationship with undertaking efficiency. JUP traded between $0.65 and $0.45 over the previous six months, peaking at $1.25 in December 2024. JUP open curiosity within the derivatives market is simply $83 million, down from $249 million at first of 2025.
JUP can be close to the bottom value in opposition to SOL, leaving buyers caught with an asset that lags behind main networks.
One other proof of the excessive valuation of cryptocurrencies is that bs@JupiterExchange has one of many largest consumer bases in defi, one of many highest revenues, aggressive product expansions, and lots of bulletins developing for current merchandise like @jup_lend and Jupnet will probably be launched quickly, so hold a watch out.
— DMH 🦇🔊🌊 (@DeFi_Made_Here) October 3, 2025
Regardless of its profitable product, JUP nonetheless has a market capitalization of solely $1.42 billion. The token nonetheless has an FDV of $3.15 billion, which might point out years of promoting stress.
Questions are additionally at the moment being raised within the Jupiter neighborhood concerning the utility of JUP and the impression of elevated buying and selling. One suggestion is to attempt to migrate the JUP utility and replica the Hyperliquid mannequin with buybacks based mostly on protocol charges.
Why is JUP lagging behind?
JUP receives assist from groups within the type of buybacks. Nevertheless, the token can also face promoting stress from retailers and early whales. Moreover, the 2025 Jupurey occasion prompted vital promoting stress, with costs falling from their native highs in December 2025.
Even the current Meteora MET airdrop for Jupiter stakers was not sufficient to extend demand for the token and elevate the market value from its lows. JUP additionally didn’t rise, regardless of Jupiter providing perpetual futures buying and selling.
JUP is planning one other Jupuary occasion in early 2026 to distribute 700 million tokens. Till then, different measures to assist costs could also be inefficient, because the market nonetheless expects airdrop recipients to promote.
Jupiter remains to be introducing new merchandise
JUP can be increasing provide by Energetic Staking Rewards (ASR), resulting in slight token inflation. Moreover, the group nonetheless has greater than $58 million in Litterbox, a strategic JUP reserve that has not been burned or locked away. One proposal includes burning the strategic stockpile and decreasing the entire provide of JUP.
I've stated it many occasions and I'll say it once more:
– burn the trash can
– 3-4b Burn the availability
– Modified ASR reward from 50% protocol price to SOL
– Permit staked JUP for use as collateral
– Use JUP as gasoline price for JUPNETI'm a $JUP supporter, however the group wants to deal with these factors
— David (@davidkimoficial) October fifth
The neighborhood is anxious concerning the overly beneficiant month-to-month ASR program, which can improve provide by about 10% on prime of the upcoming Jupuary.
Jupiter nonetheless generates $2.41 million in each day charges based mostly on its most generally used merchandise, together with its native DEX, router, and perpetual futures market.
Jupiter lately launched a brand new product. desktop pockets It integrates your whole companies and gives entry to the Solana ecosystem at an excellent cheaper price. The desktop pockets plans to develop into NFT buying and selling and sophisticated DeFi positions.
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