According to @dydxfoundation, the Solana-based decentralized exchange Jupiter has officially paused all DAO votes until the end of 2025, citing a breakdown in trust and an ineffective governance structure. Jupiter executive Kash Dhanda stated the decision was made to navigate a "critical period" for DeFi, although active staking rewards for JUP will continue at the current rate. The news had minimal immediate impact on the JUP token, which was trading at 40 cents, despite being down 21.8% over the past 30 days. In separate news, Across Protocol's ACX token plunged 10% amid a spike in trading volume following accusations of DAO manipulation and insider trading. Across co-founder Hart Lambur has "categorically" denied the allegations, explaining that token grants to the development team were standard procedure and used as intended for protocol growth. At the time of the reports, Solana (SOL) was trading around $152.37, showing a slight gain.

According to @dydxfoundation, two separate incidents have highlighted growing concerns over DAO governance structures, impacting token prices. Across Protocol's ACX token dropped 10% following accusations on X that core contributors manipulated the DAO and front-ran a Binance listing, as stated in the source. The protocol saw a spike in trading volume with the price decline, suggesting a swift reaction from traders. Across co-founder Hart Lambur has denied these claims, calling them "categorically untrue" and explaining that the tokens were standard grants from the DAO for protocol development. In a separate development, the Solana-based DEX Jupiter announced it is pausing all DAO votes until the end of 2025. Jupiter executive Kash Dhanda cited a "breakdown in trust" and an ineffective governance structure as reasons for the pause, aiming to focus on development during a "critical period" for DeFi. The source notes that while active staking rewards (ASR) will continue, the Jupiter (JUP) token has lost 21.8% of its value over the past 30 days, trading at 40 cents with minimal immediate price reaction to the news. The broader market context shows Solana (SOL) trading at $149.16 against USDT, down 1.375% in 24 hours.

According to @paoloardoino, the Across Protocol's ACX token has experienced a significant 10% price drop amid a spike in trading volume, driven by allegations of DAO manipulation and insider trading. The source states that Across co-founder Hart Lambur has "categorically" denied these claims, explaining that the tokens in question were standard grants from the DAO for protocol development and team expansion. In contrasting market action, Avalanche's AVAX token has broken out from a consolidation phase, according to technical analysis from the source. The analysis indicates AVAX established strong support at $17.07 after breaking out with significant volume and has repeatedly tested resistance at $17.63. The formation of a double bottom pattern suggests the accumulation phase may be complete, signaling potential for continued upward price momentum.