JUP rallies over 25% as traders react to several key developments

The perpetual exchange network based in Solana, Jupiter, saw its native token increase by more than 25% while the traders reacted to several major announcements.

During writing, Jupiter (Jupp) had reached an intraday summit of $ 1.25 after pushing $ 0.9449 earlier during the day. The current rally positioned JUP as the best winner, with a market capitalization of more than 2.03 billion dollars.

The native token of the exchange has formed consecutive green candles in the midst of a high volume commercial environment while the major updates of the ecosystem were announced during its very first event, Catstanbul 2025.

Why does JUP get up?

During the event held over the weekend, Jupiter burned 3 billion JUP tokens valued at around $ 3.6 billion at current prices. Burned tokens represent 30% of the total offer.

In addition, Meow, the pseudonym founder of The Exchange, announcement Plans to allocate 50% of the costs generated on the platform would be used to buy JUP tokens and lock them in a long-term reserve.

These mechanisms Reduce the total offer of tokens in circulation, creating a rarity that can increase the value of the token as demand increases.

Other ads This interest of Piqué investors was details on expansion plans for its Omnichain Jupnet network, which brings together liquidity in several blockchains in a single large decentralized book. JUP should play a key role in JUPNET, thus improving its usefulness.

The recent JUP rally was also supported by its growing importance in the DEFI sector. THE Total volume locked Within the protocol, increased regularly in last week and increased more than 21% since January 14 to 2.87 billion dollars at the time of the press.

Meanwhile, its DEFI negotiation volume increased from more than $ 415 million on January 24 to $ 1.48 billion on Monday, reflecting an increase in investors’ interests.

Altcoin has also become the most bought token by smart money In the past 24 hours. (See below)

The demand of derivative traders has also increased in the past two days, according to Correglass data, with an open interest in the Undon Market of JUP reaching its summit of $ 363.92 million yesterday.

JUP price analysis

On the daily graphic, the price of JUP remained above the mobile averages of 50 days and 200 days, with the shortest on the point of crossing the longest, which could lead to the formation of a golden cross . If this crossover is confirmed, it could point out a continuation of the upward trend, the bulls taking control of the market.

The MacD and Price oscillator lines were also pointed out up during writing. This means that the purchase pressure on the Altcoin increases, which could potentially feed its current rally.

Based on these indicators, JUP could continue its rally to retests $ 1.41, its highest point compared to December of last year. A break above this level could open the way to a step towards its $ 2 top, which represents an increase of 40% compared to its current price level.

At the time of the press, JUP exchanged hands at $ 1.18 per room.