Grayscale has announced an expansion of its crypto asset array, including Jupiter (JUP), reflecting Solana's ecosystem and modern trends in DeFi financial operations.

Grayscale's Expanded Asset List

Grayscale is considering adding Jupiter (JUP), an active DEX aggregator on Solana, known for its fee distribution to its community. Other projects under consideration include Base’s DEX, Aerodrome, Ethens, and more, which offer novel value models.

Jupiter (JUP) Growth

Jupiter has significantly increased its activity over recent months, locking in $1.32 billion in total value. JUP's market capitalization stands at $1.16 billion, suggesting an undervalued token based on the locked value to market cap ratio.

Future Planning with DeBridge LFG

Jupiter plans to launch DeBridge DBR through its LFG platform, stabilizing the price for participants at $0.025. Jupiter aims to maintain price volatility within bounds by leveraging deeper liquidity.

The inclusion of Jupiter (JUP) in Grayscale's asset list highlights shifting trends in DeFi and the appeal of new tokens in the market.