Cardano has been a popular cryptocurrency with over $15.6 billion in staked volume and millions of holders. Yet ADA has been a laggard in the crypto industry, with its price being 76% below its all-time high, and its ecosystem lagging that of other layer-1 blockchains.
The crypto markets are gearing up for a news-packed week, with several key events on the horizon. Forward-looking or enlightened investors can capitalize on the volatility around these events for trading opportunities.
Here is how some of your favorite assets concluded the week.
As investors look for the next 100x coin, FXGuys ($FXG) has come up as a much better prospect than major market players like Chainlink (LINK) and Jupiter (JUP)!
The altcoin market witnessed intense growth in January following Donald Trump's return to the White House. In January, the Official Trump meme coin gained significant spotlight as it recorded multiple ATHs in a few hours. As a result, January was a rocky month for the market.
The cryptocurrency market edged lower, with total market capitalization dropping 1.3% to $3.74 trillion amid continued volatility. As uncertainty grows, investors are increasingly turning to altcoins to diversify portfolios and capitalize on potential growth opportunities.
This new feature lets users scan, paste, or share a photo or text. Jupiter Mobile will instantly identify the token for you.
With Bitcoin (BTC) rebounding after the Federal Reserve's decision to hold interest rates steady, market sentiment has turned bullish once again following a broader sell-off. Amid this recovery, specific altcoins are showing strong upside potential.
Jupiter (JUP) price is down 10% in the last 24 hours, cooling off after a strong rally fueled by major developments. In recent weeks, JUP made headlines with key acquisitions, including Moonshot and SonarWatch, and surpassed Raydium in Total Value Locked (TVL).
Altcoins with strong fundamentals and growing ecosystems could see a rebound in February. Jupiter (JUP) has strengthened its position in the Solana ecosystem with key acquisitions, pushing its TVL past Raydium.
Ethereum price has been a major laggard in the crypto market this year as it remains in a technical bear market. While ETH typically rebounds in February, investing in quality Ethereum rivals may be a good option to generate strong returns and diversify a portfolio.
Jito surged over 8% on Wednesday as the network outpaced several blue-chip blockchain networks in fees. Jito (JTO), the largest liquid staking platform on Solana (SOL), has become the second most profitable entity in the crypto industry after Tether.
The cryptocurrency market has extended its decline, with the total market capitalization dropping by another 1% today.
Solana's price is struggling to hold above the pivotal support at $230, which has offered a strong base in the recent past. Besides, the need for an SOL ETF is intensifying with Cboe re-filing the ETF on behalf of VanEck.
Ethena (ENA) has faced significant price declines recently, leaving many investors wondering if the altcoin can turn things around. With a drop of 14% in just 24 hours and a continued bearish trend, ENA has been caught in a downward spiral.
Jupiter's total value locked (TVL) has now surpassed Raydium's, positioning it as the second-largest protocol on the Solana blockchain. This comes after a series of positive developments within the decentralized exchange (DEX) over the past week.
Story Highlights The Jupiter price today is $1.213. The JUP price could hit a high of $2.15 in 2025. With a potential surge, the Jupiter price may hit $8.55 by 2030. Jupiter project is a decentralized exchange (DEX) aggregator on the Solana blockchain.
Solana-based perpetual exchange network Jupiter saw its native token surge over 25% as traders reacted to several major announcements. When writing, Jupiter (JUP) had hit an intraday high of $1.25 after botting out at $0.9449 earlier in the day.
Jupiter, Solana's leading decentralized exchange (DEX) aggregator, will use 50% of its protocol fee revenue to repurchase $JUP tokens.
An influx of short positions in the market, while bearish, could lead to a short squeeze scenario that fuels an uptrend.
In an unexpected twist following its recent bullish surge, Jupiter (JUP), the token behind the leading Solana-based decentralized exchange (DEX) aggregator, has now formed a death cross on its daily chart.
The popular Solana-based swap aggregator, Jupiter, has gained immense attention from traders as the price has been inflating for over a couple of days. The daily volume has surged from levels below $500M to above a bullion that substantiates the claim.
Crypto Prices Today, January 28: As the U.S. FOMC approaches, cryptocurrency prices continue to showcase a riveting movement. Bitcoin (BTC) price managed to regain the $102K mark intraday, whereas leading altcoins' price movements recovered after a rollercoaster ride.
Despite Jupiter's recent buy-back mechanism approach, JUP's performance remains weak.
While some view it as a positive move for long-term growth, others worry it could lead to monopolistic behavior and harm innovation in the Solana ecosystem.
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JUP token has surged amid a bearish market, driven by Jupiter's ambitious plans for a $3.6 billion token burn and a buyback program.
The cryptocurrency market is experiencing a downtrend today, affecting many altcoins. The global cryptocurrency market cap today is $3.37 trillion, down 6% in the past 24 hours.
This strategic acquisition positions Jupiter to tap into the booming world of meme coins. It allows the company to meet the rising demand for platforms focused on these profitable digital assets.
Jupiter DEX announced a $3 billion token burn, 50% fee allocation for buybacks, and Moonshot acquisition, while completing a 700 million token airdrop and reporting strong revenue growth.
Jupiter's native token JUP has emerged as the market's top gainer, climbing 6% in the past 24 hours, despite a broader market downturn during that period. The surge follows an announcement that the Solana-based decentralized exchange will burn some of its JUP tokens and allocate half of its fees to buy back tokens from the market.
Jupiter's pseudonymous founder, "Meow," concluded the platform's first-ever ‘Catstanbul 2025' event with a major announcement: the planned burning of 3 billion JUP tokens.
Jupiter, one of the leading Solana-focused decentralized exchanges, has made major announcements as part of Catstambul, its first community-focused conference held in Turkey. The project revealed the acquisition of a majority stake in Moonshot, a meme coin creation and distribution platform on Solana.
JUP, the native token for Solana-based Jupiter exchange, has seen more than 20% rise in value over the last 24 hours, fueled by recent developments in the protocol. According to CoinMarketCap, JUP went from $0.899 earlier today to a peak of $1.262.
Today's edition of the weekly recap spotlights Jupiter's major platform change at ‘Catstanbul 2025,' Elon Musk's exploration of blockchain for government efficiency, and MicroStrategy's continued Bitcoin accumulation. Meanwhile, Ledger's co-founder was rescued from kidnapping in France.
The announcement caps off the platform's Catstanbul event, which saw Jupiter make a number of major moves in the AI and memecoin space.
Jupiter Exchange expands with the acquisition of Moonshot and a partnership with SonarWatch. What about JUP?
Today, January 25, 2024, the overall cryptocurrency market seems to be struggling. Amid this, Solana-based decentralized exchange Jupiter's native token, JUP, is defying the market trend with an impressive price gain. Over the past 24 hours, this massive price surge has garnered significant attention from traders and investors.
Jupiter made a significant acquisition, and a number of major announcements, at its 'Catstanbul 2025' event in Turkey.
Jupiter, a leading decentralized exchange (DEX) on Solana, has acquired a majority stake in Moonshot, a platform designed to streamline meme coin trading.
Jupiter, the leading perpetual exchange network on Solana, is seeking more growth opportunities. In an X post, Jupiter's (JUP) pseudonymous founder, known as “Meow,” said the decentralized exchange had acquired a majority stake in Moonshot for an undisclosed sum.
Jupiter exchange, a Solana's on-chain DEX, acquired a majority stake in Moonshot. The application is instrumental as the exchange continues to distribute JUP tokens.
Solana DEX Jupiter's native coin JUP price jumped nearly 8% on Saturday, primarily riding the back of remarkable community developments. Notably, the DEX platform has marked monumental strides, acquiring a majority stake in the crypto trading platform Moonshot, among other advancements.
Jupiter's strategic acquisitions could significantly enhance its influence in the Solana ecosystem, potentially reshaping decentralized finance dynamics. The post Jupiter takes majority stake in Moonshot and integrates SonarWatch appeared first on Crypto Briefing.
Jupiter, Solana's third-largest DeFi protocol, acquires a stake in Moonshot, though the deal's specifics remain undisclosed.
Jupiter acquires Moonshot to expand its presence in the memecoin trading sector.
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Decentralized exchange (DEX) Jupiter officially announced its much-awaited airdrop on Wednesday. The trading platform airdropped 700 million JUP coins, worth approximately $500 million, to over 2 million wallets. As of January 24, 61% of qualified participants, 578,657 wallets, had claimed their assets. Meanwhile, trader attention switched to the exchange's native token amid the ecosystem developments.