Jupiter introduced its new lending platform, Jupiter Lend, at the Solana Accelerate conference, significantly impacting the price of JUP tokens.
Launch of Jupiter Lend
Jupiter announced its **new lending platform** Jupiter Lend at the Solana Accelerate conference on May 22, 2025. This event led to a rise in JUP prices by 12-16%.
Collaboration with Fluid for Higher LTV
Jupiter and **Fluid** partnered to launch Jupiter Lend, which provides **loan-to-value ratios (LTV)** of up to 90%. This collaboration is significant for the Solana DeFi ecosystem. Fluid contributes its **two-layer architecture** to the platform, aiming to fulfill Jupiter's vision of becoming a 'DeFi super app'.
Competition with Kamino Finance
Jupiter's strategic move challenges Kamino Finance's dominance in the lending market, prompting active development in the industry. Data suggests JUP may continue to climb toward $0.82, considering its strong **bullish breakout patterns**. Analysts foresee sustained growth, contingent on further platform enhancements.
With the introduction of the new lending platform, Jupiter Lend, the company is expected to enhance its competitive position in the Solana market, potentially leading to further innovations and price growth for tokens.
