$JUP 𝗮𝗱𝗱𝗲𝗱 𝟭𝟱% 𝗼𝘃𝗲𝗿𝗻𝗶𝗴𝗵𝘁, 𝗮𝗻𝗱 𝗦𝗼𝗹𝗮𝗻𝗮 𝗗𝗲𝗙𝗶 𝗰𝗮𝗺𝗲 𝗮𝗹𝗼𝗻𝗴.
Jupiter Lend just set a record $2.6B in deposits, per Blockworks Data, with loans now past $1B.
It's not moving alone. $RAY is up about 13% on the day and Meteora's MET about 42%.
No single headline explains the jump, but JUP is now up roughly 49% over 30 days.
Real rotation into Solana DeFi, or a crowded trade?
NFA.
#Jupiter #Solana #DeFi
Jupiter Lend just set a record $2.6B in deposits, per Blockworks Data, with loans now past $1B.
It's not moving alone. $RAY is up about 13% on the day and Meteora's MET about 42%.
No single headline explains the jump, but JUP is now up roughly 49% over 30 days.
Real rotation into Solana DeFi, or a crowded trade?
NFA.
#Jupiter #Solana #DeFi