• 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

IMF Issues Recession Warning Amid Escalating US-Iran Conflict

chest

The International Monetary Fund (IMF) has warned that the world may be on the brink of a recession due to the ongoing US-Iran war and rising oil prices, cutting its global growth forecast to 3.1%.

user avatarLi Weicheng

Kraken Under Extortion Threat Following Security Breach

chest

Kraken is facing an extortion threat from a criminal group claiming to have accessed internal systems and threatening to release client data unless demands are met.

user avatarAisha Farooq

Ethereum Derivatives Market Shows Signs of Short Squeeze Potential

chest

The Ethereum derivatives market on Binance is experiencing a significant increase in open interest, indicating potential for short squeezes as traders remain skeptical despite recent price gains.

user avatarTenzin Dorje

ABA Critiques CEA's Stablecoin Report

chest

The American Bankers Association (ABA) criticizes the White House Council of Economic Advisers' (CEA) stablecoin report, highlighting risks of allowing yield on payment stablecoins and potential deposit flight from community banks.

user avatarBayarjavkhlan Ganbaatar

Rakuten Group Integrates XRP as Payment Option for 44 Million Users

chest

Rakuten Group has announced the integration of Ripple's XRP as an official payment method, allowing 44 million users to utilize the cryptocurrency for purchases.

user avatarMohamed Farouk

UK Lawmaker Requests FCA Investigation into Nigel Farage's Cryptocurrency Involvement

chest

Daisy Cooper requests FCA investigation into Nigel Farage's promotion of Stack BTC and potential market abuse.

user avatarMaria Fernandez

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.