At the Catstanbul 2025 event in Turkey, Solana DEX aggregator Jupiter made several significant announcements, highlighting the launch of 'Jupuary', platform updates, and a new omnichain network.
Key Announcements from Jupiter
Jupiter announced the 'V2' platform relaunch, now available in beta. New features include real-time slippage estimation, Ultra Mode, and smart trigger orders. Ultra Mode aims to be 10x cheaper and more efficient than competitors, offering a security tool 'Jupiter Shield' to protect user assets. Additionally, Jupiter presented 'Jupnet', an omnichain network aimed at aggregating all cryptocurrencies into a single decentralized ledger, with public beta expected in a few months.
Jupiter's Expansion in AI and Memecoins
Jupiter expanded its footprint in the AI and memecoin sectors by acquiring a majority stake in the memecoin platform Moonshot. In the AI sector, a $10 million 'Magic Fund' was announced to support open-source AI development in collaboration with Eliza Labs. Eliza Labs founder, Shaw Walters, announced plans for the 'v2' of the ElizaOS platform with a Research Preview in March and a public launch in April.
Virtuals Platform Expansion and Developer Support
The Virtuals AI agent platform, initially launched on Coinbase's Base Ethereum Layer 2, announced its expansion to Solana, along with initiatives to support developers across both Solana and Base.
At Catstanbul 2025, Jupiter showcased its technological advancements and strengthened positions in AI and memecoins. The plans for expanding its networks and developer support highlight its ambition to lead in the crypto sector.
