At the recent Catstanbul 2025 conference, Jupiter's founder, Meow, unveiled plans to reduce the total supply of $JUP tokens from 10 billion to 7 billion. This decision is part of a strategy to increase the token's value and strengthen its market standing.
Jupiter's Token Burn Strategy
Meow announced that 50% of the platform's generated fees will be used to buy back $JUP tokens. "Every coin is a memecoin," he emphasized, highlighting the importance of the community and long-term goals.
New Platform Features
Jupiter is also set to improve the user interface with features like Ultra Mode and Organic Scoring, aimed at optimizing transactions and improving token rating transparency, making the platform more user-friendly and cost-efficient.
Expansion Through Acquisitions and Partnerships
The platform recently acquired Sonar Watch, enabling users to track their Solana portfolios. Jupiter also launched the Jupnet, an omnichain network integrating all cryptocurrencies into a single decentralized ledger.
Jupiter is actively enhancing its position in the DeFi market by implementing new features and expanding its ecosystem through partnerships and acquisitions.
