JUP is the native governance and utility token of Jupiter, one of the leading decentralized exchange (DEX) aggregators on the Solana blockchain, used for DAO voting, staking rewards and ecosystem incentives.
As of now, Jupiter trades near ≈ $0.18–$0.19 (~৳24–৳25 BDT) per token, still far below its all‑time high of ~$2.04 from early 2024, reflecting a long‑term correction.
Recent price trends show modest downside pressure over weeks, with occasional rebounds tied to ecosystem activity and technical support levels.
Sell pressure from token unlocks and post‑airdrop distributions has weighed on price, and the protocol’s buyback plan is under debate as a key support factor.
Jupiter’s strong role in Solana DeFi and continued tooling expansion (swap optimisation, advanced trading features) underpin long‑term fundamental utility, but short‑term sentiment remains cautious.
Overall, JUP is a governance‑linked DeFi token with high volatility — investors watch technical levels and ecosystem news closely for clearer trend direction.
@Jupiter 🪐 $JUP #JupiterToken #jup