Jupiter price jumped to above $0.23 as several altcoins pumped. Social chatter around airdrop activity and exchange integrations. JUP is also up for robust productJupiter price jumped to above $0.23 as several altcoins pumped. Social chatter around airdrop activity and exchange integrations. JUP is also up for robust product

Jupiter price prediction: JUP extends gains as bulls eye $0.30 next

  • Jupiter price jumped to above $0.23 as several altcoins pumped.
  • Social chatter around airdrop activity and exchange integrations.
  • JUP is also up for robust product adoption on Solana.

Jupiter (JUP), the cryptocurrency token of Solana’s leading decentralized exchange, rose to highs of $0.23 on Wednesday, tracking intraday momentum across the broader market.

The double-digit gains, which extend Jupiter’s uptick amid multiple key catalysts, mean another surge could bring the $0.30 level into view.

Why is JUP price rallying this week?

JUP is climbing alongside broader altcoin gains, with the token extending its rally to 13% over the past week.

Bulls edged nearly 10% up in the past 24 hours, before a slowdown cut these to around 8% at the time of writing.

After touching highs near $0.23, JUP traded around $0.21, but its latest rally reflects trader interest in Solana’s leading DEX aggregator.

One key tailwind is the final Jupuary snapshot scheduled for January 30.

Demand is spiking as users position for the potential 200 million JUP rewards. This event has amplified trading activity and liquidity provision ahead of the deadline.

Meanwhile, Coinbase’s recent Solana integration further bolsters momentum. By enabling users to trade via Jupiter directly within the exchange, Coinbase puts the DEX on track for expansion to millions of retail traders.

Elsewhere, Jupiter has established its footprint with product developments like JupUSD stablecoin and Jupiter Lend, with DeFiLlama metrics showing a sharp increase in revenue generated.

Notably, Meteora, Jupiter and Uniswap saw huge revenues in 2025. Per data, the three platforms dominated other DeFi protocols’ fee revenue, with each generating well over $1 billion over the year.

DEX volume has also increased significantly over the past week.

Jupiter price prediction: Is $0.30 next?

JUP’s price outlook is bullish amid the latest gain.

While the long-term trend highlights the plunge from above $1 in 2025, resilience in the past weeks has technical indicators pointing to a possible momentum shift.

The Moving Average Convergence Divergence (MACD) boasts a bullish crossover, while histogram bars have turned positive.

Also alluding to renewed buying strength is the Relative Strength Index (RSI), which hovers near 58 on the daily chart.

Except for a looming unlock of about 53 million JUP tokens, the overall picture is primarily positive.

If transaction flows and user engagement hold firm, a breakout to $0.30 will highlight $0.60 as the next target.

However, this confluence of catalysts could be overridden by broader market headwinds. JUP support lies in the $0.20-$0.18 area.

Jupiter price reached its all-time high of $2.04 in January last year.

The post Jupiter price prediction: JUP extends gains as bulls eye $0.30 next appeared first on CoinJournal.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Red state gov candidate claims Don Lemon 'lucky' he wasn't lynched

Red state gov candidate claims Don Lemon 'lucky' he wasn't lynched

Journalist Don Lemon's arrest and indictment by the Trump administration promoted howls of outrage from press figures around the country on Friday — but as far
Share
Rawstory2026/01/31 10:44
Tumbling market sets giants into ‘plunge protection’ mode: Crypto Daybook Americas

Tumbling market sets giants into ‘plunge protection’ mode: Crypto Daybook Americas

The post Tumbling market sets giants into ‘plunge protection’ mode: Crypto Daybook Americas appeared on BitcoinEthereumNews.com. :Crypto Daybook Americas By Omkar
Share
BitcoinEthereumNews2026/01/31 10:18
Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative

Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative

The post Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative appeared on BitcoinEthereumNews.com. Cross-chain bridge Wormhole plans to launch a reserve funded by both on-chain and off-chain revenues. Wormhole, a cross-chain bridge connecting over 40 blockchain networks, unveiled a tokenomics overhaul on Wednesday, hinting at updated staking incentives, a strategic reserve for the W token, and a smoother unlock schedule. The price of W jumped 11% on the news to $0.096, though the token is still down 92% since its debut in April 2024. W Chart In a blog post, Wormhole said it’s planning to set up a “Wormhole Reserve” that will accumulate on-chain and off-chain revenues “to support the growth of the Wormhole ecosystem.” The protocol also said it plans to target a 4% base yield for governance stakers, replacing the current variable APY system, noting that “yield will come from a combination of the existing token supply and protocol revenues.” It’s unclear whether Wormhole will draw from the reserve to fund this target. Wormhole did not immediately respond to The Defiant’s request for comment. Wormhole emphasized that the maximum supply of 10 billion W tokens will remain the same, while large annual token unlocks will be replaced by a bi-weekly distribution beginning Oct. 3 to eliminate “moments of concentrated market pressure.” Data from CoinGecko shows there are over 4.7 billion W tokens in circulation, meaning that more than half the supply is yet to be unlocked, with portions of that supply to be released over the next 4.5 years. Source: https://thedefiant.io/news/defi/wormhole-jumps-11-on-revised-tokenomics-and-reserve-initiative
Share
BitcoinEthereumNews2025/09/18 01:31