Close Menu
Cryprovideos
    What's Hot

    Bitcoin Hashrate Falls 9%—Simply Noise Or One thing Brewing?

    June 10, 2025

    RBI Governor Claims Cryptocurrencies A Menace To India’s Monetary Stability And Coverage | UseTheBitcoin

    June 10, 2025

    Paraguay Says Presidential X Put up Promising Bitcoin Reserve a Hack – Decrypt

    June 10, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»Jupiter Overtakes Raydium Amidst Sturdy JUP Rally, Turns into Solana’s Second-Greatest Protocol
    Jupiter Overtakes Raydium Amidst Sturdy JUP Rally, Turns into Solana’s Second-Greatest Protocol
    Altcoins

    Jupiter Overtakes Raydium Amidst Sturdy JUP Rally, Turns into Solana’s Second-Greatest Protocol

    By Crypto EditorJanuary 28, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Jupiter’s complete worth locked (TVL) has now surpassed Raydium’s, positioning it because the second-largest protocol on the Solana blockchain. This comes after a collection of constructive developments inside the decentralized alternate (DEX) over the previous week.

    Its JUP token has grown considerably, rising because the market’s high gainer over the previous 24 hours. With rising exercise on the DEX and surging demand for JUP, it seems poised to increase these good points.

    Jupiter Outranks Raydium on Solana

    Jupiter’s TVL has surged by 5% over the previous week. Based on DefiLlama, it now stands at $2.87 billion, securing its place because the second-largest protocol on Solana by TVL. This latest surge has displaced Raydium, which now sits in third place with a TVL of $2.70 billion.

    Solana Protocol Rankings
    Solana Protocol Rankings. Supply: DefiLlama

    he surge in TVL follows a collection of constructive developments introduced by the DEX on the Catstanbul 2025 occasion. Notably, Jupiter revealed its acquisition of a majority stake in Moonshot and SonarWatch to create a Solana portfolio tracker. Moreover, the DEX dedicated to allocating 50% of its protocol charges towards JUP buybacks and a deliberate burn of three billion tokens.

    These bulletins have pushed elevated exercise on the DEX, boosting its TVL considerably over the previous few days.

    JUP Bulls Drive Up Worth

    Jupiter’s JUP token has reacted positively to those developments. It has seen elevated demand in latest days, driving up its worth. The altcoin trades at $1.19 at press time, noting a 24% value uptick prior to now 24 hours. In the course of the overview interval, it has outperformed the highest 100 cryptos, making it the market’s high gainer. 

    An evaluation of the JUP/USD one-day chart reveals the opportunity of an prolonged rally. At press time, the token’s on-balance quantity (OBV) is in an upward development, sitting at an all-time excessive of 1.3 billion.

    JUP OBV
    JUP OBV. Supply: TradingView

    An asset’s OBV measures cash move into and out of it to foretell value actions. It suggests rising shopping for strain when it climbs like this, as extra quantity is related to upward value motion, indicating a possible bullish development.

    Moreover, JUP’s Chaikin Cash Movement (CMF) sits above the zero line at 0.11 as of this writing. This indicator additionally measures how cash flows into and out of an asset.

    JUP CMF.
    JUP CMF. Supply: TradingView

    When this indicator is constructive, it signifies shopping for strain available in the market, suggesting that the asset is experiencing accumulation.

    JUP Worth Prediction: Token Hangs Between $1.46 and $1.08

    At press time, JUP trades at $1.19. If it continues to see a surge in demand, this might drive its worth above the resistance fashioned at $1.22 and towards $1.46.

    JUP Price Analysis
    JUP Worth Evaluation. Supply: TradingView

    Conversely, this bullish outlook will likely be invalidated if the token witnesses a resurgence in selloffs. In that case, JUP’s value may drop to $1.08. 

    Disclaimer

    In keeping with the Belief Undertaking tips, this value evaluation article is for informational functions solely and shouldn’t be thought of monetary or funding recommendation. BeInCrypto is dedicated to correct, unbiased reporting, however market circumstances are topic to alter with out discover. At all times conduct your personal analysis and seek the advice of with an expert earlier than making any monetary selections. Please notice that our Phrases and Circumstances, Privateness Coverage, and Disclaimers have been up to date.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Ethereum's Realized Worth Hints at a Market Reset, What Merchants Ought to Know

    June 10, 2025

    XRP’s Breakout Sparks Hope—However Can It Deal with the Warmth? – BlockNews

    June 10, 2025

    Staked Ethereum hits all-time excessive as ETH tops $2.7K

    June 10, 2025

    Web3 ai, Ethereum, & XRP: Greatest Performing Cryptos Providing Distinct Benefits

    June 10, 2025
    Latest Posts

    Bitcoin Hashrate Falls 9%—Simply Noise Or One thing Brewing?

    June 10, 2025

    Paraguay Says Presidential X Put up Promising Bitcoin Reserve a Hack – Decrypt

    June 10, 2025

    Why is Bitcoin value up at the moment?

    June 10, 2025

    QFSCOIN Trusted Finest Free Crypto Cloud Mining Permits Crypto Buyers to Earn $6500 in Bitcoin (BTC) Each Day in 2025

    June 10, 2025

    Bitcoin ETFs Warmth Up With $386 Million Inflows After Worth Spike | ETF Information

    June 10, 2025

    Finest Crypto to Purchase Now as Bitcoin Reignites Bullish Momentum

    June 10, 2025

    Bitcoin Worth Reclaims $110,000. Is ATH Subsequent?

    June 10, 2025

    Bitcoin Naming Debate Resurfaces with Introduction of BIP177

    June 10, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    SEC Clarifies Staking Not a Safety: Boosting Blockchain Innovation

    June 5, 2025

    Binance’s Spot-to-Futures Ratio Hits 1.5-Yr Peak as Bitcoin Reclaims $109K

    May 22, 2025

    Hive Intelligence Launches Mainnet, Joins NVIDIA Inception to Energy Subsequent-Era Crypto AI Brokers – The Each day Hodl

    April 7, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.