Jupiter, a Solana-based decentralized exchange (DEX), has revealed that it has halted its governance voting system. This was announced by Kash Dhanda, the Chief Operating Officer, on Thursday, and they said that the platform is at a critical inflexion point. He also pointed out that the opportunity to shape the future of decentralized finance (DeFi) […]
Jupiter
Solana Foundation and Dubai VARA Launch Economic Zone for Web3 Startups
The Solana Foundation has formed two major partnerships to boost its role in international blockchain innovation. The MoU with Dubai’s Virtual Assets Regulatory Authority and Kazakhstan’s AIX-Interbix alliance, aim to integrate blockchain with real-world finance and policy. These actions show Solana’s commitment to follow rules worldwide and boost the use of Web3. Solana Foundation Signs […]
Solana Chain GDP Hits $1.2B in Q1 2025 as Meme Coins Fuel Massive Growth
Key Takeaways: Solana started 2025 on an explosive note, fueled by surging user interest and speculation surrounding meme coins such as TRUMP and MELANIA. According to Messari’s Q1 2025 “State of Solana” report, the chain’s Chain GDP as total application-generated revenue grew 20% quarter-on-quarter from $971 million to $1.2 billion. January itself contributed well over […]
Solana-Based DEX Aggregator Jupiter Suffers Social Media Hack
In a surprising turn, Solana-based decentralized exchange (DEX) aggregator Jupiter’s X (formerly Twitter) account was hacked on Wednesday. The attack saw its account promote fake meme cryptocurrencies, with its investors at risk of incurring colossal financial losses. The main Jupiter Exchange account is compromised,” Jupiter Mobile’s X handle notified its followers. Users have been instructed […]
Jupiter Unlocks $30T Opportunity, Bridging AI and Multichain Finance
Jupiter Exchange is gaining traction with groundbreaking announcements, including the launch of JupNet, advancements in the Giant Unified Market (GUM), and AI-driven innovations. JupNet stands as the DEX omnichain liquidity network, facilitating instant transactions with enhanced security and a seamless cross-chain experience. This innovation eliminates traditional DeFi barriers like bridging friction & liquidity fragmentation. The […]
Jupiter Unleashes $3B Token Burn to Skyrocket JUP’s Market Value
Jupiter DEX is taking significant steps to strengthen its position in the crypto world. The exchange has announced a $3 billion token burn, a major acquisition, and a revenue-sharing buyback program, signaling major growth for JUP token holders. Jupiter DEX Unveils $3B Token Burn, Acquisitions and Airdrops Jupiter DEX has announced a series of updates, […]
Jupiter’s 50% Buyback Sends Token Soaring
Jupiter, Solana’s based DeFi platform, is on the move after it announced a new buyback program. The exchange will now allocate 50% of its protocol fees towards purchasing and burning its native JUP tokens from the market. Following the announcement, JUP surged over 60% in the past 24 hours. The move, coupled with the exchange’s […]
Jupiter Takes Big Steps: Acquires Moonshot and Enhances Trading Features
Jupiter, which is one of the top DEX aggregators on the Solana network, has bought a major stake in the rapidly growing Moonshot application. The news was shared on January 25 through Jupiter’s official X account and shows the company’s plans to further develop its position within the DeFi sphere. Moonshot that enables people to […]