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JUP Price Flash News List | Blockchain.News
Flash News List

List of Flash News about JUP Price

Time Details
2025-07-01
23:11
Jupiter (JUP) Pauses DAO on Solana as Circle IPO Success Sparks Expert Analysis on Crypto Stocks

According to @moonshot, the Solana-based decentralized exchange Jupiter has paused all DAO votes until the end of 2025, a decision executive Kash Dhanda attributed to a "breakdown in trust" and the need to capitalize on a "critical period" for DeFi's future. This news had minimal immediate impact on the JUP token, which trades around $0.40 but has declined 21.8% over the past 30 days. In the broader market, Aaron Brogan of Brogan Law highlights the significant trend of crypto companies going public, pointing to Circle's (USDC) recent IPO which raised over $1.05 billion and saw its market cap surge to $43.9 billion. Brogan theorizes Circle's success is driven by factors including a market premium for crypto-exposed stocks, regulatory clarity from the pending GENIUS Act for stablecoins, and lucrative revenue from high U.S. Treasury yields on its collateral. Meanwhile, Jean-Marie Mognetti of CoinShares notes that survey data shows nearly 90% of crypto investors plan to increase their holdings, seeking advisors who understand risk management. Current market data shows BTC trading at $105,621.76 and ETH at $2,396.79.

Source
2025-06-29
01:48
Solana DEX Jupiter (JUP) Halts DAO Votes Until 2026, Citing 'Breakdown in Trust' Amid Market Downturn

According to the source, the Solana-based decentralized exchange (DEX) Jupiter is pausing all DAO votes until the end of 2025 due to a 'breakdown in trust' and a 'perpetual FUD cycle' that hinders progress. Jupiter executive Kash Dhanda stated the current DAO structure is not working as intended during a 'critical period' for defining the future of DeFi. For traders, this means active staking rewards (ASR) will continue at a rate of 50 million JUP per quarter, but no new DAO-funded work groups will be created, thus preventing additional token emissions from that source. This governance overhaul comes as the JUP token has fallen 21.8% over the past 30 days, although the news did not cause significant immediate price movement, with JUP trading around $0.40.

Source
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