• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Jupiter Unveils Major JUP Token Changes at Catstanbul 2025

user avatar

by Giorgi Kostiuk

a year ago

Jupiter, a decentralized exchange aggregator on Solana, concluded its first event 'Catstanbul 2025' with significant announcements regarding the platform and its governance token, JUP.

Highlights of Catstanbul 2025

The platform's founder, known as 'Meow', shared updates about the JUP token, which saw a price increase of 10.86%. Meow expressed ambitions to make JUP the most successful token, highlighting the dedication of the team and community.

Future Plans for JUP

Meow announced a significant plan to burn 3 billion JUP tokens valued at $3.6 billion to reduce emissions and enhance token stability. He stated that selling JUP is not intended for operational costs but may occur to form long-term partnerships with aligned entities.

New Achievements and Plans

Jupiter made advancements in AI and memecoin sectors by acquiring a majority stake in Moonshot, launching a new omnichain network 'Jupnet' in beta, upgrading to V2, and initiating a $10 million AI fund.

At Catstanbul 2025, Jupiter demonstrated its commitment to developing the JUP token and platform, offering innovations and major plans that could impact the crypto market in the future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

XRP Approaches Key Structural Support Amidst Long-Term Cycle Pattern

chest

XRP is nearing a pivotal moment as it approaches key structural support and technical confluence zones, suggesting a potential expansion phase ahead.

user avatarEmily Carter

Vitalik Buterin Reassesses Ethereum's Core Value Proposition

chest

Ethereum cofounder Vitalik Buterin reassesses the network's core value proposition, emphasizing its role as a censorship-resistant public data layer rather than just smart contracts or payments.

user avatarTomas Novak

Story Protocol's Token Value Plummets by 86%

chest

The native IP token of Story Protocol has experienced a dramatic decline, falling 86% to approximately $0.80 over the past year.

user avatarMaya Lundqvist

PIP Labs Cuts Staff to Focus on AI Development

chest

PIP Labs has announced layoffs affecting several employees as it pivots towards opportunities in artificial intelligence, reducing its workforce by about 10% to enhance focus on AI development.

user avatarKaterina Papadopoulou

US Treasury Targets North Korean IT Networks in Latest Sanctions

chest

US Treasury sanctions target North Korean IT networks involved in cryptocurrency schemes funding weapons programs.

user avatarLi Weicheng

Gold ETFs Face Record Outflows as Bitcoin Gains Popularity

chest

The largest US gold-backed ETF, GLD, reported a record outflow of $30 billion, while Bitcoin ETFs saw net inflows exceeding $900 million, indicating a shift in investor sentiment.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.