List of Flash News about Jupiter DAO
Time | Details |
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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. |
2025-06-30 22:35 |
Solana's Jupiter (JUP) DEX Halts DAO Voting Amid Trust Issues; RWA Tokenization Poised for Growth
According to @moonshot, the Solana-based decentralized exchange (DEX) Jupiter is pausing all DAO votes until the end of 2025 due to a "breakdown in trust" and the current governance structure not working as intended. Jupiter executive Kash Dhanda stated the protocol is in a "critical period" to define the future of DeFi. 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 the JUP token's value over the past 30 days. Concurrently, the report highlights that Real-World Asset (RWA) tokenization has surpassed the proof-of-concept stage, with over $20 billion in tokenized assets from major institutions like BlackRock and KKR. Key growth drivers for RWAs include maturing blockchain infrastructure, growing regulatory clarity, and the emergence of tokenized treasuries. As the market evolves, Solana (SOL) is trading at approximately $153.94, showing a modest 1.077% increase over the past 24 hours, indicating resilience amid ecosystem-specific news. |