đą Why is Jupiter (JUP) up?
@JupiterExchange | $0.645 | +9.8% (24h)
TLDR: Solana DeFi is ripping, JUP broke out on big volume, and traders are rotating into SOL ecosystem bets.
Drivers
>Solana TVL hit ~$10.26B; Jupiterâs share â$2.9B â more flow through JUP.
> ~$180M bridged to Solana last week (â44% from Ethereum).
> Altcoin Season Index +50% w/w as BTC dominance dips.
Techs
> RSI(14) ~74, MACD flipped positive.
> Cleared ~$0.571 Fib + 274% volume spike â $0.57â0.58 now support.
Conclusion: Hold above ~$0.57 = bulls comfy; watch BTC dominance and SOL >$200.
Sustaining catalyst if BTC whipsaws?
Concrete fee/rev share or burn mechanics, new product launches (perps/MEV-safe routing), and fresh LM programs.

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