What could affect the price of JUP?
Jupiter’s price is influenced by a mix of new DeFi features and challenges with its governance system.
- Lending Platform Launch (Positive) – The public beta of Jupiter Lend in August 2025 could increase fees and make JUP tokens more useful.
- Token Unlocks & Inflation Risks (Negative) – $32 million worth of JUP tokens will become available in July 2025, which might increase selling pressure. Also, the way staking rewards are handled could lead to more tokens in circulation.
- Governance Changes (Mixed) – Voting by the community is paused until 2026, giving the core team more control but allowing them to focus on product development.
Deep Dive
1. Jupiter Lend Adoption (Positive Impact)
Overview:
Jupiter Lend started its private beta in August 2025, offering loans with up to 95% of the asset’s value and a 1% penalty if loans are liquidated. It targets Solana’s $12 billion decentralized finance (DeFi) market. The upcoming public launch will add features like Multiply vaults and rewards for partners. High loan-to-value ratios might attract traders who want to borrow more, which could increase fees. Half of these fees will be used to buy back JUP tokens, potentially supporting the price.
What this means:
If Jupiter Lend grows like Kamino Finance, which manages $2.67 billion in assets, demand for JUP tokens could rise steadily. However, success depends on attracting users in a competitive market.
2. Token Unlocks & Staking Dynamics (Negative Impact)
Overview:
On July 28, 2025, 1.28% of all JUP tokens (worth $32 million) will be unlocked, increasing the supply available to sell. Additionally, the Active Staking Rewards (ASR) program recycles unclaimed tokens by giving them to voters instead of removing them from circulation, which can cause inflation.
What this means:
Past token unlocks have led to price drops (like a 19% fall in March 2025). The ASR system means stakers need to hold 50% more JUP to avoid losing value from inflation, which could slow down price recovery.
3. Governance Pause & Centralization (Mixed Impact)
Overview:
Community voting through the DAO is on hold until 2026 after a controversial vote in March 2025 changed the token split between the team and community to 53/47. The team now makes key decisions, and the treasury (called the Litterbox Trust) is frozen for new spending.
What this means:
While this centralization might speed up product development—like advancing JupNet’s plans for cross-chain compatibility—it could reduce trust in the governance process. The future price will depend on how well the 2026 relaunch balances community control with efficient decision-making.
Conclusion
JUP’s future depends on whether the growth of Jupiter Lend can offset the effects of token unlocks and governance issues. Solana’s expanding DeFi market ($29 billion total value locked) offers support, but inflation and community trust remain challenges. Will fee-driven buybacks from Jupiter Lend outpace the increase in token supply by the end of 2025? Keep an eye on Jupiter Lend’s total value locked and ASR participation for signs.
What are people saying about JUP?
The Jupiter (JUP) community is divided between excitement over lending features and concerns about upcoming token unlocks. Here’s what’s trending:
- $0.63 resistance level – Traders are watching for a breakout
- Jupiter Lend’s 90% Loan-to-Value (LTV) – A positive development, live since May
- July 28 token unlock – $32 million absorbed without a major price drop
Deep Dive
1. @ali_charts: $0.63 Resistance Retest – Bullish Signal
"JUP faces strong resistance at $0.63 – a daily close above this could spark a rally to $0.76"
– @ali_charts (189K followers · 42K impressions · 2025-07-29 01:13 UTC)
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What this means: This is a positive sign for JUP. If the price breaks above $0.63 and stays there by the end of the day, it could attract more buyers and push the price higher.
2. @JupiterExchange: Lending Protocol Adoption – Mixed Outlook
"Jupiter Lend Beta launched with $2 million in incentives – over 40 vaults now active"
– @JupiterExchange (312K followers · 2.1M impressions · 2025-08-29 13:16 UTC)
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What this means: This is generally good news because expanding lending options can increase use of JUP. However, offering loans up to 90% of the asset’s value (LTV) can increase risk, especially if the Solana network experiences price swings.
3. @CCN_com: Token Unlock Resilience – Bullish Indicator
"JUP price rose 42% over the month despite a $32 million token unlock – demand outpaced new supply"
– CCN (1.2M followers · 680K impressions · 2025-07-28 13:47 UTC)
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What this means: This shows strong demand for JUP tokens, even as a large number of tokens became available. However, the upcoming August unlock of 53 million JUP tokens (worth $27.5 million) will be an important test for the market.
Conclusion
Opinions on JUP are mixed. Positive technical signals and Solana’s strong decentralized finance (DeFi) ecosystem ($12 billion in total value locked, up 23% month-over-month) help balance concerns about token dilution (1.78% of tokens unlocking monthly) and paused governance activities. Keep an eye on the Altcoin Season Index, currently at 67/100 and up 26% this month—a rise above 75 could indicate growing momentum for altcoins like JUP, which offers strong utility. Also, consider whether Solana’s growing network of validators supports JUP’s position as the 7th-ranked token in the market.
What is the latest news about JUP?
Jupiter is capitalizing on Solana’s growing decentralized finance (DeFi) scene with new products and support from big financial players. Here’s what’s new:
- Desktop Wallet Launch (October 6, 2025) – A new desktop wallet that makes trading easier with no gas fees and lower costs.
- Anchorage Digital Partnership (September 30, 2025) – Institutional investors can now swap assets directly within the Porto wallet.
- 21Shares ETP on Swiss Exchange (September 30, 2025) – A regulated investment product for European investors to gain exposure to Jupiter.
In-Depth Look
1. Desktop Wallet Launch (October 6, 2025)
What happened: Jupiter released a desktop version of its wallet designed for the Solana blockchain. It’s built for both casual users and professional traders. Key features include trading without gas fees (transaction costs), profit and loss tracking, and easy access to Jupiter’s other services like token management and launchpad. Jupiter claims its fees are 10 times lower than competitors.
Why it matters: This launch is a positive sign for Jupiter (JUP). It helps keep users engaged by offering a smoother experience and reduces the need to rely on other wallets. This could lead to more activity on the Solana blockchain. (Crypto Times)
2. Anchorage Digital Partnership (September 30, 2025)
What happened: Anchorage Digital, a company that manages over $3 billion in assets, integrated Jupiter into its institutional wallet called Porto. This means big investors can now swap cryptocurrencies directly within the wallet without using outside apps. The goal is to make decentralized finance easier and safer for traditional finance clients.
Why it matters: This is somewhat positive for Jupiter. Institutional involvement can bring more stable liquidity, but the overall impact depends on how much Solana’s DeFi ecosystem grows. (Crypto.News)
3. 21Shares ETP on Swiss Exchange (September 30, 2025)
What happened: 21Shares launched an Exchange Traded Product (ETP) called AJUP on the SIX Swiss Exchange. This product is backed by actual Jupiter tokens and charges a 2.5% fee. It gives European investors a regulated way to invest in Jupiter, which currently has $3.3 billion locked in its network.
Why it matters: This is good news for Jupiter’s long-term reputation and could attract more conservative investors. However, the immediate effect on Jupiter’s price might be limited since the product targets a specific group of investors. (Binance Square)
Conclusion
Jupiter is making strides to connect everyday users and big financial institutions through new products and partnerships focused on compliance. While these updates strengthen its role as a key liquidity provider on Solana, the big question is whether Solana’s DeFi growth can keep Jupiter’s value rising despite overall market ups and downs.
What is expected in the development of JUP?
Jupiter’s roadmap is focused on growing its ecosystem, improving governance, and upgrading its technology infrastructure.
- Jupnet Testnet Launch (Q4 2025) – Public testing begins for Jupiter’s cross-chain liquidity network.
- DAO Governance Relaunch (Early 2026) – Voting system is revamped and restarted after a pause.
- Jupuary 2026 (January 2026) – Annual event to reward users and support ecosystem growth.
- Inflationary Token Transition (2026+) – After the fixed token supply runs out, the community will decide on controlled token minting.
Deep Dive
1. Jupnet Testnet Launch (Q4 2025)
Overview: Jupnet is Jupiter’s new network designed to connect different blockchain markets, allowing users to swap tokens and pool liquidity across chains. The testnet will let developers try out these features, combining Solana’s fast transactions with Ethereum’s broad user base (Jupiter Q2 Report).
What this means: This is a positive step for JUP because it could open up new markets beyond Solana. However, the technology is complex, and Jupiter faces competition from projects like THORChain, which could affect success.
2. DAO Governance Relaunch (Early 2026)
Overview: Jupiter’s decentralized governance voting has been paused to address concerns about too much control by the core team. The relaunch will introduce new voting methods like quadratic voting and delegate representation to make decision-making fairer (CoinMarketCap News).
What this means: In the short term, this delay may be seen as a negative since decentralization is postponed. But in the long run, these changes could lead to better community involvement and stronger governance.
3. Jupuary 2026 (January 2026)
Overview: Jupuary is Jupiter’s yearly event where active users and contributors receive token rewards. The 2026 event might add bonuses for users who stake JUP-SOL liquidity provider tokens or participate in governance (Jupiter Genesis Post).
What this means: This encourages more people to use and support the network, which is good for adoption. However, the extra tokens given out could lead to some selling pressure, which might temporarily lower prices.
4. Inflationary Token Transition (2026+)
Overview: Jupiter currently has a fixed supply of 10 billion JUP tokens. Around 2027, this supply will run out. The community will then vote on whether to switch to an inflation model, minting a small percentage of new tokens each year to fund growth (Jupiter Research).
What this means: If new tokens are minted faster than the network grows, it could hurt the token’s value. But if inflation is carefully managed and tied to real growth metrics like revenue or user numbers, it could be neutral or even positive.
Conclusion
Jupiter’s roadmap carefully balances short-term technical improvements with long-term plans for governance and token economics. The upcoming Jupnet testnet and Jupuary 2026 event are key milestones to watch. The big question is whether Jupnet’s goal of seamless cross-chain trading will pay off despite the technical challenges in today’s multi-blockchain world.
What updates are there in the JUP code base?
In 2025, Jupiter made important updates to improve its platform’s security, performance, and user safety.
- Token Verification v4 (August 2025) – Cut down fake token listings by about 40% through stricter checks.
- API Overhaul (June 2025) – Replaced old APIs with a new version that includes better error detection.
- Dev Tokens Tab (July 2025) – Added a tool to monitor wallet activity and spot potential scams.
Deep Dive
1. Token Verification v4 (August 2025)
What happened: Jupiter tightened the rules for approving new tokens, requiring stronger audits and better liquidity. This led to a 40% drop in fake or low-quality tokens within the first week.
The system works by checking financial data and audit reports to catch suspicious tokens before they get listed.
Why it matters: This makes trading on Jupiter safer, which can attract more everyday users and reduce the chance of regulatory problems. (Source)
2. API Overhaul (June 2025)
What happened: Jupiter retired older API versions and launched a new V3 API with different access levels.
Paid users now access the API at api.jup.ag, while free users have stricter limits on lite-api.jup.ag. Some older API calls were replaced or changed, which means developers need to update their software.
Why it matters: This update improves reliability and could attract bigger partners, but the changes might be challenging for smaller developers to adapt to. (Source)
3. Dev Tokens Tab (July 2025)
What happened: Jupiter introduced a new feature that tracks tokens created by specific wallets to identify possible scams.
Built with Meteora LPArmy, this tool analyzes patterns and wallet behavior to spot repeated scam attempts, helping users avoid risky tokens.
Why it matters: While this doesn’t directly increase trading volume, it builds trust by making the platform safer for users. (Source)
Conclusion
Jupiter’s 2025 updates focus on making the platform more secure, scalable, and transparent. These improvements help build trust but also present challenges, especially for smaller developers adapting to new systems. Additionally, upcoming token unlocks, like 700 million JUP scheduled for late 2025, will be important to watch. The key question is how Jupiter will balance strong security measures with ease of use as it grows.
Why did the price of JUP go up?
Jupiter (JUP) increased by 4.55% in the last 24 hours, outperforming the overall crypto market, which rose by 2.84%. Over the past week, Jupiter gained 7.22%. The main reasons for this growth are:
- Launch of Desktop Wallet – Easier access for users and lower fees (positive for JUP)
- Institutional Adoption – Anchorage Digital added Jupiter to its Porto Wallet (mixed effects)
- Technical Breakout – Price moved above important average levels (positive sign)
Detailed Overview
1. Desktop Wallet Launch (Positive Impact)
What happened: On October 6, 2025, Jupiter released a desktop version of its wallet. This new wallet offers gasless trading (meaning no transaction fees), lower costs, and strong integration with the Solana ecosystem (CryptoTimes). This follows the success of its mobile wallet, which has been downloaded over 825,000 times, and aims to attract more professional traders.
Why it matters: Making it easier and cheaper to trade on the blockchain can encourage more people to use Jupiter. Lower fees compared to competitors may help Jupiter gain a bigger share of the decentralized finance (DeFi) market on Solana, increasing demand for JUP tokens.
What to watch: Keep an eye on how many users adopt the desktop wallet and whether trading volumes continue to grow after the launch.
2. Institutional Integration (Mixed Impact)
What happened: Anchorage Digital, a company that provides secure crypto services for institutions, integrated Jupiter into its Porto Wallet on September 30. This allows traditional finance clients to swap tokens securely using Jupiter’s platform (The Defiant).
Why it matters: This partnership shows that Jupiter’s technology is trusted by big players. However, the price of JUP dropped about 5% right after the announcement, indicating investors were cautious. The long-term benefit depends on whether more institutions start using decentralized finance on Solana.
Risks: There is a risk that expectations for institutional involvement might be higher than actual usage. Anchorage’s $3 billion valuation adds credibility, but currently, most DeFi activity is driven by crypto-native users rather than traditional institutions.
3. Technical Momentum (Positive Impact)
What happened: JUP’s price moved above its 7-day simple moving average ($0.454) and 30-day exponential moving average ($0.480). The MACD indicator turned positive, and the Relative Strength Index (RSI) at 44.35 suggests there is room for the price to rise before it becomes overbought.
Why it matters: Moving above $0.47 breaks short-term bearish trends. If the price can stay above the Fibonacci resistance level at $0.538, it could aim for $0.62, which was the high in June 2025.
Key level to watch: $0.495, which is the 50% retracement of the price drop from July to September. Breaking this level could speed up buying interest.
Conclusion
Jupiter’s recent price increase is driven by new product features (desktop wallet), growing institutional interest, and positive technical signals. However, trading volume shows mixed signals, with only a modest increase in the last 24 hours (+1.46%) compared to the stronger weekly gain (+7.22%), so it’s wise to be cautiously optimistic.
What to monitor: Can JUP maintain its price above $0.47 if Bitcoin’s price becomes more volatile? Also, watch Solana’s network activity closely, as Jupiter’s success is closely linked to Solana’s position in the DeFi space.