Several major token unlocks are set to take place in the coming months, which could potentially de-stabilizing the altcoin market. These unlocks will introduce large amounts of new supply, and as a result, investors are bracing for possible price crashes this month.

Several major token unlocks are set to take place in the coming months, which could potentially de-stabilizing the altcoin market. These unlocks will introduce large amounts of new supply, and as a result, investors are bracing for possible price crashes this month.

The price of JUP, the native token of Jupiter's decentralized exchange, has been volatile since its launch earlier this year. What does the future hold for this coin?

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JUP currently trades between the lower and middle Bollinger Bands. The price sits above $0.6383 (lower band), which provides support.

Once the 78.6% retracement level is beaten, the 100% level is usually the next target.

These attacks can exploit the transaction ordering process to manipulate prices, causing traders to lose money. Fortunately, Jupiter Exchange is introducing a powerful solution to protect your swaps from such attacks.

Story Highlights The live price of the JUP token is Jupiter (JUP) price could hit a high of $2.21 by the end of the year 2024. With a potential surge, Jupiter's price may record a high of $9.75 during the year 2030.

Jupiter DEX aims to offer more insights into meme tokens, with a new intuitive liquidity metric. The project may also reward its community with an additional 230M JUP for active staking.

Korean markets expanded their listings, with Bithumb opening KRW pairs for JitoSOL (JTO) and EtherFi (ETHFI). Upbit listed a new KRW market for the BIGTIME token, belonging to the original RPG game Bigtime.

Jupiter Exchange reduced borrowing fees on its platform sparking positive sentiments in the market. The platform disclosed a reduction from 0.01% to 0.008% per hour of Solana (SOL), Bitcoin (BTC) and Ethereum (ETH).

Crypto exchange behemoth Binance on Friday issued an important announcement on Toncoin (TON), DOGS, Jupiter (JUP), Algorand (ALGO), Aptos (APT), Arkham (ARKM), Blur (BLUR), SuperRare (RARE), Ontology (ONT), Tensor (TNSR), and Renzo (REZ) crypto. The digital asset exchange pioneer revealed that it is listing new margin trading pairs for the mentioned tokens on its platform

Liquid staking protocol Jito and restaking platform Fragmetric have launched a new liquid restaking token on Solana dubbed fragSOL.

CoreWeave becomes the first cloud provider to offer NVIDIA H200 Tensor Core GPUs, advancing AI infrastructure performance and efficiency.

Jupiter DEX aggregator offers a meme token snipping tool after integrating data from Pump.fun and Moonshot.

The SEC alleged in the Wells notice that NFTs sold on OpenSea are securities, the OpenSea CEO said earlier Wednesday.

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Currently, in its Beta phase, Jupiter Lock offers a seamless, fee-free solution. It allows project teams to manage their token distributions with confidence.

With an optimistic surge in Bitcoin prices, bulls anticipate a breakout run above the $65000 mark. Amidst the growing confidence in the market, the DeFi tokens prepare for a bull run as the altcoin season inches closer.

A malicious Chrome extension called "Bull Checker" has been targeting Solana users, bypassing security checks and draining wallets, prompting warnings from Jupiter Exchange

The Jupiter exchange is warning of a malicious Chrome extension called “Bull Checker,” which it says is targeting Solana users.

The crypto market has been trading mixed lately, but amidst the chaos, Solana has emerged as a standout performer. Over the last 18 months, Solana has consistently outpaced other blockchains, even surpassing Ethereum in several key metrics.

Jito joins Jupiter in leading Solana DeFi arena after surpassing 12M SOL in total locked value.

Jupiter Aggregator, an essential tool for managing trades on the Solana network, has seen a dramatic spike in transaction failures. Over the past 24 hours, out of a total of 10.31 million transactions processed, 8.56 million ended in failure.

Renzo Protocol is expanding its liquid restaking expertise to the Jito ecosystem on Solana. According to an announcement on Aug. 14, Protocol revealed it was launching ezSOL, the first liquid restaking token on Solana (SOL).

TL;DR Renzo, an Ethereum-based liquid restaking protocol, will launch ezSOL, its first liquid restaking token on Solana, through a collaboration with the Jito Foundation. ezSOL will allow users to earn additional rewards using JitoSOL as the underlying asset, leveraging Jito's MEV-enhanced validator network.

Renzo has partnered with the Jito Foundation to enter the Solana liquid restaking space. It is set to launch ezSOL on Jito.

Jupiter DEX is facing increasing scrutiny as users have observed a nearly 50% transaction failure rate, prompting concerns and questions about the platform's performance.

This initiative aims to boost Jupiter's user base while rewarding active participants for their efforts in expanding the exchange's reach. To get started with the Jupiter Referral Program, users can visit Jup.ag.

83% of transactions on Solana's Jupiter Aggregator fail, leaving users with hefty fees and rising concerns.

With the price of the Ethereum token reclaiming the $2,700 mark, top Ethereum chain altcoins have successfully regained momentum and recorded a massive uptrend in their respective portfolios this week.

The broader market experiences a surge in demand for altcoins, and the altcoins market reclaims the $850B capitulation. Amid the top performers, many signal a high potential extended rally this week for bigger gains. Amidst the top names, Solana, Jupiter, and Toncoin reveal a bull run ahead with increased interest from buyers.

JUP, the native token of the Solana-based decentralized exchange Jupiter, has maintained a downtrend since July 29.

The proposal passed with overwhelming support, receiving 95% of votes in favor. 3 billion $JUP tokens, worth over $2.37 billion, will be burned over six months.

Solana has experienced a significant increase in on-chain activity and daily active addresses, driven by popular dapps like Raydium, Pump.Fun, and Jito.

The digital curre­ncy market is excited with anticipation as Jupiter (JUP) and Lite­coin (LTC) signal the possibility of significant profits. Jupiter's e­cosystem has recently made­ significant waves through an innovative proposal poised to re­volutionize its tokenomics. At the same time, Lite­coin (LTC) stands strong, attracting substantial buyers amidst market fluctuations.

Leading mobile carrier T-Mobile has allegedly blocked the Jupiter Exchange domain from its DNS. Most users are complaining they are unable to access the exchange's website without a VPN service.

Jupiter price is trending as the price broke out from a major bullish chart pattern. Normally, the breakout is aggressive, but due to prevailing market conditions, the JUP price lags.

Dapps like Raydium, Pump.Fun and Jito have been the top fee generators on the Solana blockchain, data shows.

Jupiter has initiated a crucial voting process for its token holders. The proposal at hand involves a substantial reduction in the supply of JUP tokens, potentially cutting 3 billion from the total circulation.

In 2024, the Solana ecosystem became a major force in the crypto market. The Solana token (SOL) has surged over 10x from its bear market lows and is nearing its all-time high in market cap. Tokens within the Solana ecosystem, including Jupiter, Render, and WIF, have also shown impressive gains.

Altcoins dogwifhat, Bonk, THORChain, and Jupiter have suffered losses above 10% as Bitcoin dipped 4% in the last 24 hours.

Following a strong rally that took it past the $70,000 mark, Bitcoin (BTC) has lost considerable momentum, with the price dipping below $66,000 during the ongoing session.

The decentralized liquid staking platform Jito (JTO) has recently marked a monumental stride by securing the first spot among leading fee-generating protocols across all blockchains. Notably, the Solana-backed platform overtook Lido (LDO) in 24-hour fee generation volume, garnering noteworthy attention among market participants.

This week, significant news in the crypto space includes the Federal Open Market Committee (FOMC) meeting on interest rates, the Jupiter (JUP) token supply proposal, and several major launches and updates across various blockchain platforms.

Investors and enthusiasts are keenly eyeing the performance and future prospects of emerging digital assets. One such asset making waves is Jupiter (JUP), a relatively new cryptocurrency on the Solana blockchain.

Here is how some of your favorite assets concluded the week.

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