Jupiter price

Top 5 highest revenue for the past 24 hours: Pumpfun $2.18M Axiom $1.5M Jupiter $554,093 Phantom $525,625 Collector Crypt $208,585

Orange Evening Interpretation 9.12 Last night's CPI data was basically in line with expectations except for the monthly rate month-on-month, the Fed cut interest rates three times this year by the market was fully priced in, and then there was a first jobless claim of 263,000 far exceeded expectations, a new high in the past four years. After these two data were released, the market went crazy, and the three major U.S. stock indexes all hit new highs, and gold also reached new highs! The currency circle has reached a new high of $bnb, and the market value of SOL has reached a new high, but the currency price has not yet returned to the previous high, but it rose very well during the day today, successfully breaking through the 230 pressure level, Galaxy Digital started a crazy buy-buy-buy mode, and withdrew 2.37 million SOL from the exchange in the past 24 hours, and Galaxy CEO Novogratz was even directly regarded by the community as the SOL version of Tom Lee, and the entire SOL ecosystem has risen, $bonk $ray $jup $ kmno and so on, the increase is very good. Last night, Binance also arranged a $pump listing, and today it also rushed all the way to 0.0063, it can be said that the current market from CEX to the coins of almost some things on the chain have risen, although it cannot be called a copycat season, but considering that there are too many new projects in this round, the funds cannot be fully covered, so the market may be more differentiated in the future, and the strong are always strong, such as $hype $mnt $ip This has reached a new high, but many old coins on CEX are still in the historical low range, So these two types of copycats are not the same thing at all, the probability of those old coins that no one cares about can come back to life is very low, because the team may have shipped away, so in this round we only adhere to one principle, that is, to play the new and not the old, to play the faucet and not to play the leftovers, on this basis, the larger the market value, the more you buy, the more you rise, the more chasing it! Besides, BTC and Ethereum are the two difficult brothers, the institutional FOMO craze for them has begun to fade, two days ago this week bmnr increased its position by 20w ETH, and then there has been no movement in the past few days, sbet's money simply repurchased its own shares, now sbet is only a hundred thousand away from its own goal of storing 100w ETH, so the treasury will change from twin turbo to single turbine in the future, and now the third ethm holding the currency, This product now holds 49.5w coins, but his goal is to set the largest, to reserve 10% of the total ETH, According to the current total circulation of 120 million, ETHM is going to buy 1200w ETH, not sure if it is bragging; Then there is the ETF, the inflow of BTC ETF in recent days is good, more than 500 million last night, more than 700 million the night before, Ethereum is also okay, the total inflow in the last three nights is more than 300 million, although it is not as crazy as the last institution, it can be regarded as possible, but now the market has not been adjusted in place, the total amount of ETH unpledged queue is 265.6w, the queue time is 46 days, and the queue is 72.5w, this gap is still quite large now, in fact, last week this number has been balanced Although KLIN said that the withdrawn ETH would be re-pledged and would not be sold, it was still a thunder for the market. Caixin has amplified the news here in China, the 94 incident was broken by Caixin, so Caixin's news is still very authoritative, this time Caixin reported that China's major Internet companies may gradually withdraw from cryptocurrency-related businesses, and a number of central enterprises may be absent from Hong Kong's stablecoin license application. In addition, Internet platforms will also face restrictions on overseas participation in investment in cryptocurrencies and cryptocurrency trading platforms, requiring the development of the real economy. Especially this last sentence, it basically ends the development of web3 and stablecoins in China or Hong Kong, no wonder the CEO of Ant Group issued an article yesterday afternoon saying that he would resolutely not issue virtual currencies and would not participate in any form of speculation. It seems that this is given by the top again, in short, there is no fantasy of domestic legalization or regulatory relaxation, and all kinds of projects with domestic public chains and digital yuan gimmicks should be pulled back later.

folks have asked how the Solana DATs benefit @JupiterExchange and $JUP. here’s how: - DATs need liquid stake tokens (LSTs) to use in DeFi and get more yield. $jupSOL is the highest yielding major LST, and is an obvious choice because of its reliability and liquidity depth. this generates revenue for the @jup_dao, and creates more brand awareness among institutions for jupiter itself - DATs will want to earn onchain yield. @jup_lend is again an excellent choice, because its better for borrowers and simpler for lenders. not only is it the best place to loop jupSOL, but because of the unique unified liquidity layer architecture, it's also relatively easy for us to spin up advanced functions (like private pools) specifically for large players. this drives more revenue for Jupiter, and more accumulation of $JUP - DATs will want to buy their SOL onchain to demonstrate the validity of the internet capital markets thesis. Jupiter is the best place to execute trades at size, and (critically!) is already integrated into the custodians that the DATs will use for purchases/custody. this is not only good for Jupiter, but will be great for brand recognition if/when the DATs use their onchain buys as a part of their overall Solana bullish narrative. - DATs may want to native stake their SOL for yield due to regulatory concerns initially. they will choose high quality validators that generate the highest yield. the Jupiter Validator is the 7th biggest currently, and earns more fees than most others. more stake makes it easier for Jupiter to land transactions and provide a superior product to traders. - DATs generally will increase price bullishness for $SOL. $JUP, as the largest DeFi protocol on Solana, will receive more attention and interest from market participants who want beta to SOL. Jupiter has the best LST, the best trading infra, the best validator, and the best DeFi product suite. it feels obvious to me Jupiter is going to be one of the biggest second-order beneficiaries of the Solana DATs. higher.