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Jupiter crypto soars 11% amid Solana's DeFi boom!

Jupiter crypto soars 11% amid Solana's DeFi boom!

Date: 2025-05-08 17:50:49 | By Rupert Langley

Jupiter Token Soars 11% Amid Solana's Epic Rally!

Holy smokes, the Jupiter token is on fire! This bad boy, powering the biggest dApp on Solana, just rocketed over 11% during this insane rally. And guess what? It's all thanks to the explosive growth of the ecosystem!

Listen up, folks! Jupiter (JUP), the king of DEX aggregators on Solana (SOL), is riding the wave of this latest market frenzy. On Thursday, May 7, this token shot up a whopping 11.83%, hitting a sweet $0.4622. It's not just market momentum; the entire ecosystem is pumping this baby up!

Altcoins are back, baby! Bitcoin (BTC) just smashed through the $100,000 ceiling, and the Altcoin Season Index is at its highest since February. Over the last 30 days, 33 of the top 100 altcoins are in the green. We're talking serious gains here!

Now, Jupiter might not have been the star of the show lately. In fact, it took a brutal 44% hit over the past 90 days. But hold on tight because the strength of Solana's ecosystem, where Jupiter reigns supreme, is sparking some serious optimism. This comeback is real, folks!

Jupiter Rises on Solana DeFi Growth

Here's the juicy part: Jupiter's recovery is all about the insane growth of Solana's DeFi scene. The surge lined up perfectly with Solana's DEX volume blasting past $800 billion in 2025. Sure, more than half of that was in January, but trading volumes have stayed rock-solid all year.

And who's reaping the rewards? You guessed it—Jupiter! This beast maintains a killer position among Solana-based apps. In 2025 alone, its DEX aggregator has handled a mind-blowing 42%, or $334 billion, of all DEX volume on the chain. Raydium? Pfft, a distant second with just 23.48% of the total.

But wait, there's more! Jupiter owns a staggering 95% of the market share among DEX aggregators on Solana. As the most popular DeFi app in the ecosystem, Jupiter is perfectly poised to cash in on Solana's comeback and its ever-growing user base. If this growth keeps up, the JUP token is set to soar even higher. Buckle up, folks—this ride is just getting started!

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