【Market Update】Solana’s leading lending platform changes hands: Jupiter surpasses Kamino to become the largest on-chain lending market, up more than 15% in $JUP 24 hours.
Data from DefiLlama shows that Jupiter’s active loans reached $1.214 billion, nearly half of all lending on Solana, up 14% over the past 30 days. Kamino had $981 million over the same period, down 4.75%. Over the past month, $JUP rose 48% cumulatively and has doubled year to date. Analysts caution that buy and sell signals are mixed, and lending growth alone may not be enough to sustain the token’s price.
#Jupiter #DeFi #Solana
(Source: X)
⚠️Risk warning: The above is shared for market information only and does not constitute investment advice. Investing involves risks; please exercise caution.
Data from DefiLlama shows that Jupiter’s active loans reached $1.214 billion, nearly half of all lending on Solana, up 14% over the past 30 days. Kamino had $981 million over the same period, down 4.75%. Over the past month, $JUP rose 48% cumulatively and has doubled year to date. Analysts caution that buy and sell signals are mixed, and lending growth alone may not be enough to sustain the token’s price.
#Jupiter #DeFi #Solana
(Source: X)
⚠️Risk warning: The above is shared for market information only and does not constitute investment advice. Investing involves risks; please exercise caution.