List of Flash News about Jupiter
Time | Details |
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2025-07-08 18:56 |
Solana DEX Jupiter (JUP) Halts DAO Governance Until 2026 Amid Trust Issues; JUP Price Down 21% Monthly
According to dydxfoundation, the Solana-based decentralized exchange (DEX) Jupiter is pausing all DAO votes until the end of 2025, citing a "breakdown in trust" and an inefficient governance structure. Jupiter executive Kash Dhanda stated the protocol is in a "critical period" and this pause will allow them to return in 2026 with a new approach. For traders, while active staking rewards (ASR) of 50 million JUP per quarter will continue, no new DAO-funded work groups will be created, preventing additional token emissions. The JUP token has lost 21.8% of its value over the past 30 days, trading around $0.40, though this announcement did not cause immediate significant volatility. In separate news highlighting governance risks, the crypto prediction market Polymarket is embroiled in a $160 million controversy over a disputed market outcome, with accusations of manipulation against UMA oracle validators. The underlying asset, Solana (SOL), was trading at approximately $152.37, showing a 1.688% increase over 24 hours. |
2025-07-08 18:56 |
Jupiter (JUP) Halts DAO Voting Until 2025 Citing Trust Issues; Across Protocol (ACX) Slides 10% on Manipulation Allegations
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. |
2025-07-08 17:15 |
Solana DEX Jupiter (JUP) Halts DAO Voting Amid 21% Price Drop; Expert Outlines Crypto Alpha Strategies for BTC & ETH
According to @dydxfoundation, Solana-based decentralized exchange (DEX) Jupiter is pausing all DAO votes until the end of 2025, citing a "breakdown in trust" and an ineffective governance structure. This strategic pause occurs as the JUP token has experienced a 21.8% decline over the last 30 days, with its price currently at approximately $0.40. The source confirms that while governance votes are on hold, active staking rewards (ASR) will continue at a rate of 50 million JUP per quarter. For traders seeking alpha, the analysis suggests key strategies such as implementing a dollar-cost averaging (DCA) accumulation plan for a portfolio of top assets and establishing a clear trading plan for various price scenarios for major cryptocurrencies like Ethereum (ETH), which is trading around $2,611. The report also highlights the importance of investing with the trend by analyzing adoption curves and technological advancements, noting that Bitcoin (BTC), trading near $108,694, offers a risk-to-reward ratio more than three times that of the S&P 500. |
2025-07-07 16:13 |
Solana (SOL) Ecosystem Update: Jupiter (JUP) Halts DAO Governance While Kraken Lists Tokenized DFDV Stock
According to @dydxfoundation, the Solana ecosystem is experiencing significant developments with mixed implications for traders. Solana-based DEX Jupiter has paused all DAO votes until the end of 2025, with executive Kash Dhanda citing a "breakdown in trust" and an ineffective governance structure. This decision comes as the JUP token has declined 21.8% over the past 30 days, trading around $0.40, though the announcement did not cause immediate volatility. While active staking rewards will continue, the halt on new DAO-funded work groups will cap additional token emissions. In a bullish development for the network, Nasdaq-listed DeFi Development Corp. (DFDV) will tokenize its shares on the Solana blockchain, making them available through Kraken's upcoming xStocks platform. This move into Real-World Asset (RWA) tokenization could significantly increase utility and demand for the Solana network. Currently, SOL is trading around $149, down approximately 1.4% over the last 24 hours. |
2025-07-07 16:13 |
DAO Governance Crisis: Across Protocol (ACX) Plummets 10% on Manipulation Claims, Solana's Jupiter (JUP) Halts DAO Voting
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. |
2025-07-07 15:27 |
Jupiter (JUP) Halts DAO Voting Until 2026; Toncoin (TON) Surges 12% on Controversial UAE Golden Visa Program
According to @dydxfoundation, the Solana-based DEX Jupiter is pausing all DAO votes until the end of 2025 due to a breakdown in trust and an ineffective governance structure, as stated by executive Kash Dhanda. While active staking rewards of 50 million JUP per quarter will continue, no new DAO-funded work groups will be created. This news follows a 21.8% decline in JUP's value over the past 30 days. Separately, the TON Foundation announced a UAE Golden Visa program for Toncoin (TON) holders who stake $100,000 in TON for three years. The announcement, made by TON Foundation CEO Max Crown, caused TON's price to surge 12% and trading volume to spike over 250% above its 30-day average. Technical analysis shows the price moved from $2.75 to a peak of $3.06, with new support forming around $2.86-$2.89. The initiative has drawn skepticism from figures like Sigil Fund's Joe HedgedHog and former Binance CEO Changpeng Zhao, who questioned whether it is an official government partnership or a marketing effort by a third-party firm, highlighting the lack of a formal UAE government announcement. |
2025-07-05 07:47 |
Solana DEX Jupiter (JUP) Pauses All DAO Votes Until 2026 Amid Trust Issues; What Traders Need to Know
According to dydxfoundation, the Solana-based decentralized exchange (DEX) Jupiter is pausing all DAO votes until the end of 2025. Jupiter executive Kash Dhanda stated the decision was made due to the current DAO structure not working as intended, citing a "breakdown in trust" and a "perpetual FUD cycle." For traders, a key takeaway is that active staking rewards (ASR) will continue at the rate of 50 million JUP tokens per quarter, which may provide some support for the token. However, no new DAO-funded Work Groups will be formed, thus preventing additional token emissions from that channel. The announcement did not have a major immediate impact on the JUP price, which was trading around $0.40, though the token has fallen 21.8% over the past 30 days amid broader market weakness. |
2025-07-03 12:08 |
Jupiter (JUP) DEX Halts DAO Voting Until 2026; Polygon (MATIC) Revamps with New CEO and Retires zkEVM
According to @dydxfoundation, Solana-based DEX Jupiter is pausing all DAO votes until the end of 2025, citing a "breakdown in trust" and structural inefficiencies. Jupiter executive Kash Dhanda confirmed that while active staking rewards of 50 million JUP per quarter will continue, no new DAO-funded work groups will be created. This decision follows a 21.8% decline in JUP's value over the past 30 days. In other major developments, Polygon co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, initiating a strategic overhaul focused on the AggLayer cross-chain protocol and retiring the zkEVM network. Additionally, the Ethereum Foundation has updated its treasury policy to cap annual operational expenses at 15% of its holdings, signaling a focus on critical deliverables for 2025-2026. The source also notes that Bitcoin Core's upcoming version 30 will significantly increase the OP_RETURN data limit, and Plume has launched its Genesis mainnet for real-world assets (RWA). |
2025-04-04 07:20 |
Jupiter Generates $19.7 Million in March; Initiates Significant Token Buybacks
According to @MilkRoadDaily, Jupiter generated $19.7 million in revenue throughout March, with half of this amount allocated to token buybacks. This strategic move may impact the token's market supply and potentially influence its price stability or growth. |
2025-04-03 07:44 |
Jupiter Acquires Solana-Based Digital Collectibles Platform Drip Labs
According to AltcoinGordon, Jupiter has acquired Drip Labs, a developer of digital collectibles platforms on the Solana blockchain. This strategic acquisition is expected to enhance Jupiter's capabilities in the digital collectibles market, potentially leading to increased liquidity and trade volume on Solana-based assets. Traders should monitor any new developments or partnerships that may arise from this acquisition as it could impact trading dynamics on the Solana network. |
2025-04-02 10:10 |
Ethereal's PerpDEX Ranks Second in Total Value Locked Across Networks
According to @etherealdex, Ethereal's PerpDEX has achieved the second-highest Total Value Locked (TVL) across all networks, following only Jupiter. Its TVL is reported to be 4.5 times that of Hyperliquid, reaching a significant $820 million. This increase is attributed to the ongoing 'Season Zero' deposit phase, where users can deposit $USDe to earn project points and testnet access. So far, 16,210 addresses have collectively deposited $830 million. |
2025-03-07 09:06 |
Critique on $JUP vs $BTC Accumulation Strategy by KookCapitalLLC
According to KookCapitalLLC, there are individuals on the platform who have chosen to accumulate $JUP instead of $BTC, a strategy they criticize as unwise. This statement highlights a trading perspective favoring Bitcoin over newer or less established cryptocurrencies like Jupiter ($JUP), suggesting a preference for the stability and proven track record of Bitcoin in the volatile crypto market. |
2025-02-27 10:37 |
Bubblemaps Announces Collaboration with Jupiter for Enhanced DeFi Analytics
According to Bubblemaps (@bubblemaps), they have entered into a collaboration with Jupiter to enhance decentralized finance analytics, which could provide traders with improved visual insights into complex transaction networks and liquidity pools. |
2025-02-26 03:17 |
Jupiter Initiates First Buyback of $JUP Tokens
According to Ai 姨 (@ai_9684xtpa), Jupiter has initiated its first buyback of $JUP tokens, purchasing 4,885,370 tokens at an average price of $0.683 over the past 17 hours, totaling $3.33 million. All transactions were conducted on-chain via the Jupiter: Litterbox address, and the buyback is still ongoing. |
2025-02-19 18:19 |
Nic Carter Highlights Concerns Over Long-term Viability of DeFi Projects
According to @nic__carter, there are concerns about the sustainability and functionality of DeFi projects such as Pump Fun, Raydium, Jupiter, and Meteora. Traders should be aware of the potential risks associated with these platforms over the coming year. |
2025-02-16 18:07 |
Jupiter's 9000-word Statement on Libra Raises Questions
According to KookCapitalLLC, the extensive 9000-word statement released by Jupiter regarding Libra suggests potential complicity. The length and detail may indicate significant involvement that traders should be aware of. This development could impact the trading strategies of those invested in Libra-related assets. |
2025-01-26 13:42 |
Jupiter's 50% Revenue Allocation to $JUP Buyback and Its Impact
According to Ai 姨 (@ai_9684xtpa), Jupiter plans to allocate 50% of its protocol fee income to buy back $JUP tokens. In 2024, Jupiter generated $102 million in revenue, ranking 7th among Solana DApps, with Jupiter Perps being the main income source, holding an 84% market share in Solana PerpDEX. Revenue in December 2024 was seven times higher than in January, with a two-week spike due to $TRUMP, reaching $35.86 million, nearly 40% of last year's total. Based on last year's revenue, approximately $50 million will be used for $JUP buybacks, equating to 2.4% of its current $2.04 billion market cap. |
2025-01-26 13:42 |
Jupiter's Strategic Use of 50% Protocol Revenue for $JUP Buyback
According to Ai 姨, Jupiter plans to allocate 50% of its protocol revenue for repurchasing $JUP tokens. In 2024, Jupiter's protocol revenue reached $102 million, ranking 7th among Solana DApps. Jupiter Perps is the primary revenue driver with an 84% market share in Solana's PerpDEX. The revenue in December 2024 grew sevenfold compared to January, largely influenced by the $TRUMP token surge, which alone accounted for $35.86 million, nearly 40% of last year's total revenue. This strategic buyback could impact $JUP's market valuation by approximately 2.4% of its current $2.04 billion market cap, potentially fueling further market activity. |
2024-08-11 07:47 |
Discussion on WBTC Custody Change and MakerDAO Proposal
According to @ai_9684xtpa, there has been significant discussion today about the potential change in WBTC custody. MakerDAO has proposed to halt new WBTC lending and reduce the WBTC lending ratio in Spark to zero. Justin Sun has clarified the situation, while one of the co-founders of Jupiter has expressed skepticism. The tweet thread aims to provide comprehensive data on WBTC to help users understand its importance in the current crypto ecosystem. |