Jupiter Overtakes Raydium as Solana’s Second-Biggest Protocol
Jupiter’s total value lock (tvl) has now surpassed Raydium, positioning it as the second largest agreement Sorana Blockchain. This is a series of active development in the Disan Exchange (DEX) in the past week.
Its Jup token has been greatly increased, and has become the highest income of the market in the past 24 hours. As DEX’s activity continues to increase, the demand for JUP has increased, which seems to be expected to expand these income.
Jupiter surpassed Soran’s Rendien
In the past week, Jupiter’s TVL has soared 5 %. According to Defillama, it is now $ 2.87 billion to ensure its position as the second largest agreement for TVL Solana. The recent surge has caused Raydium to be displaced, now the third place, TVL is $ 2.7 billion.
His surge in TVL is a series of active development announced by the DEX’s Catstanbul 2025 event. It is worth noting that Jupiter revealed it Most of the shares of Moonshot and Sonarwatch Create a Solana investment portfolio tracker. In addition, DEX promises to allocate its 50 % agreement cost to Jup repurchase The planned burns 3 billion token.
These announcements have increased DEX activities, which has greatly improved its TVL in the past few days.
JUP Bulls Promoting Value
Jupiter Jup token Active response to these developments. The demand in recent days has increased, which has increased its value. The transaction price of Altcoin was $ 1.19 at the time of press time and pointed out that the price of the past 24 hours has risen by 24 %. During the review, its performance is better than the top 100 cryptocurrencies, making it the highest beneficiary of the market.
The assessment of Jup/USD’s day map reveals the possibility of extending the rally. At the time of press time, the tokens’ balance (OBP) is in an upward trend, with a historical highest point of 1.3 billion.
The obvious measurement of assets and outflows to predict price changes. This indicates that when this climb, the purchase pressure will increase, because more volume is related to the changes in upward price, indicating the potential bullish trend.
In addition, Jup’s Chaikin Money Flow (CMF) is located above the zero line, and as of writing this article, it is 0.11. This indicator also measures how the funds inflow and withdraw from assets.
When this indicator is positive, it shows that the purchase pressure on the market indicates that the assets are accumulating.
JUP price prediction: token is hanging between $ 1.46 and $ 1.08
At the time of time, JUP’s transaction price is $ 1.19Essence If it continues to see the surge in demand, it may push its value to a resistance higher than $ 1.22, and the price is $ 1.46.
On the contrary, if the token witnesses are revived during selling, this bullish prospect will be invalid. In this case, the price of JUP may be reduced to $ 1.08.
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