The ongoing crypto market rebound has sparked renewed investor interest, and Jupiter (JUP) is emerging as one of the top beneficiaries. Currently trading at $0.5435, JUP is up 7.20% in the past 24 hours, with a 24-hour volume of over $120 million, reflecting increasing activity in the ecosystem. Its circulating supply stands at approximately 2.9 billion JUP, with a capped max supply of 10 billion tokens. With this momentum, many traders are now closely watching the Jupiter price prediction as the token gains traction across the DeFi space.
Jupiter, now the second-largest platform in the perpetual futures space, has seen its daily trading volume surge by 166% to $1.22 billion, according to DeFi Llama. Over the past week, it has processed more than $3.3 billion in perpetual contracts, trailing only behind Hyperliquid.
This rally aligns with the resurgence of Solana meme coins, whose combined market cap has doubled to $12.6 billion. High-volume tokens like BONK and Trump have contributed to the $10.2 billion daily volume in this niche sector.
Jupiter’s bullish momentum also follows the launch of Universal Send, a breakthrough feature allowing users to send tokens like SOL, USDC, and memecoins to anyone—even those without wallets. Combined with ultra-low fees and mobile access, Jupiter aims to become a key player in crypto-based peer-to-peer payments.
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Adding to the momentum, developers pledged that all jupSOL commissions will go directly to the Jupiter DAO, further decentralizing the network’s control and funding its community-led growth.
From a technical perspective, the JUP token has formed an inverse head-and-shoulders pattern, broken above the 50-day EMA, and is approaching the 23.6% Fibonacci level. The RSI is trending upward, suggesting strong buying pressure. A potential breakout could take JUP to $0.7330, while support sits at $0.40.
Jupiter’s mix of strong fundamentals and technical signals may continue to attract traders in the days ahead.
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