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JUP Token can be used for stake, governance voting, and fee income distribution. Recent developments include the launch of Jupiter Lend, developed in collaboration with Fluid/Instadapp, supporting leveraged lending on Solana. The increase in airdrops and DEX activities in the Solana ecosystem has enhanced the protocol's visibility and participation.
#Solana质押型ETF JUP surged 7.75% during the session, currently priced at 0.4534 USD, having risen 28.45% within a week of the launch of Jupiter Lend. This marks the highest trading volume since March, with the holdings nearing 100 million USD. There is strong support above 0.41 USD and resistance around 0.46 USD. With the continued momentum of Solana DeFi, JUP is expected to rise further.