Jupiter is back in the spotlight, jumping 11% in the past day and leading gains among the top 100 cryptocurrencies. At writing, JUP price is trading around $0.6448, and trading volume has surged by more than 276%, according to CoinMarketCap.
The rally comes as part of a broader wave of momentum in the Solana ecosystem, helped along by the launch of Jupiter’s new lending product.
Crypto trader Gnarleyquinn pointed out on X that the “jup-gap”, a price zone where JUP price had previously moved quickly without much trading, was finally reclaimed.
After several failed attempts, the token cleared that area in just one day and made its way back to the $0.65 level, signaling renewed strength.
Jupiter recent move is closely tied to the strong performance of the Solana ecosystem. Solana’s total value locked (TVL) has climbed to $10.26 billion, its highest level in six months. Jupiter Exchange holds $2.90 billion of that TVL, making it the second-largest DeFi platform on Solana, just behind Jito Sol.
Q2 Token Holder Update: Key TakeawaysJupiter has evolved from a simple DEX aggregator into Solana's DeFi superapp.Here's what we delivered in Q2 — and what’s coming next. … pic.twitter.com/OXwNXfmXwy
— Jupiter ( , ) (@JupiterExchange) July 11, 2025
Last week alone, over $180 million in capital was bridged to Solana, including $90 million from Ethereum, as investors shift funds toward Solana’s high-yield DeFi protocols. That growing interest has helped push Jupiter forward, both in terms of platform usage and token price.
With more money flowing into the Solana network and Jupiter rolling out new features, JUP’s rise seems to be part of a bigger trend. Rather than reacting to one-off news, the token is riding the wave of Solana’s expanding DeFi landscape.
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Jupiter Lend Launch Triggers Protocol Activity
JUP price rise is also supported by the launch of Jupiter’s lending product, JLP Loans. This new feature allows users to borrow USDC against their JLP tokens while still earning yields on their positions. The announcement was shared by the official Jupiter Exchange account on X.
Unlike traditional DeFi lending models that rely on forced liquidations, JLP Loans use a system that burns the collateralized JLP tokens to redeem underlying assets. This method avoids market volatility and liquidity crunches often caused by large sell-offs.
The protocol is offering a 90% loan-to-value ratio and a 0.1% liquidation penalty. This has positioned Jupiter Lend as a competitive alternative to platforms like Kamino Finance. With the current surge in DeFi lending, which accounts for $55 billion of the total $118 billion DeFi TVL, Jupiter’s entry into this sector is drawing user activity and liquidity.
You asked, we delivered.An additional 150m USDC has been allocated to JLP Loans, allowing more users to borrow liquidity against their yield-bearing JLP.JLP Loans have an elegant implementation: in the event of a liquidation, rather than forced market selling, the JLP is… https://t.co/pzxi4PrVit
— Jupiter ( , ) (@JupiterExchange) July 21, 2025
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JUP Chart Confirms Momentum Shift Following Gap Reclaim
Technical analysis of the JUP 4H chart shows that the token reclaimed a low-liquidity zone known as the “jup-gap,” between $0.58 and $0.65. The breakout was clean and fast, confirming strong buying pressure.
Image Source: X/Gnarleyquinn
A white arrow on the chart marked the move back through the gap, reinforcing the bullish trend that has been building since July 10.
Moreover, Jupiter price sits just below a resistance zone, with traders watching levels around $0.66–$0.70 for potential continuation.
The previous support between $0.475 and $0.50 remains valid if a pullback occurs. The upward structure has stayed intact, with no major breakdowns or trend reversals observed.
With both technical and fundamental drivers aligned, JUP recent performance reflects growing market confidence and active development within its ecosystem.
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The post Here’s Why Jupiter (JUP) Price Is Pumping Today appeared first on CaptainAltcoin.
