Will JUP’s price hit $0.28 on the back of these THREE catalysts?

ambcryptoPublicado a 2026-07-02Actualizado a 2026-07-02

Resumen

Jupiter (JUP) surged over 15% in 24 hours, outperforming the broader crypto market. Three key catalysts drove the rally: 1) The integration of its native stablecoin, JupUSD, into the Jupiter Liquidity Provider (JLP), enabling a major USDC-to-JupUSD transition. 2) Growing discussions about Jupiter developing its own Omnichain Ledger, reflecting its evolution into a comprehensive on-chain finance system. 3) Active buying and supply reduction by the Jupiter Strategic Reserve (Litterbox Trust), which has accumulated millions of JUP tokens, contributing to a decreased total supply. Technically, JUP's price reclaimed a key trendline support level. If it holds above $0.24, a move toward $0.28 is possible, contingent on sustained buying pressure and a confirmed trend shift.

Jupiter [JUP] is in the news today after it hiked by more than 15% in the last 24 hours, outperforming both Bitcoin [BTC] and the broader crypto market. Its daily trading volume surged by 72%, hitting $48 million too.

That’s not all though as the Solana [SOL] DEX Aggregator seemed to be up by this margin due to a couple of factors too. Hence, it’s worth looking at the finer details here.

3 catalysts behind Jupiter’s double-digit rally

To start with, Jupiter added its own stablecoin, JupUSD, to Jupiter Liquidity Provider (JLP) as a custody asset. This step makes it possible for the planned $500 million USDC-to-JupUSD transition inside Jupiter’s perps pool.

JupUSD is now the sixth asset after Solana [SOL], Bitcoin [BTC], Ethereum [ETH], USDC and USDT. As such, the stablecoin addition means more liquidity into the exchange.

This has further reignited talks of Jupiter building its own Omnichain Ledger. This move echoes Jupiter’s growth since 2021 from a swap aggregator into a full on-chain finance system. In fact, Jupiter drives more than 80% of total retail liquidity on movement on Solana.

That is not all there is though. Jupiter Strategic Reserve, Litterbox Trust, is creating buying pressure in the market as well as shrinking supply.

Over the last 24 hours alone, the strategic reserve added 356,726 JUP. This, on top of 14.44 million JUP bought last month, taking the total locked JUP tokens to 143.8 million.

On the supply tokenomics side, a total of about 134.55 JUP have been burned from the reserve’s effort.

This is a big step towards reducing total supply of the token after 3 billion tokens were burned in January 2025. The altcoin’s total supply is now below 7 billion, down from 10 billion.

Has JUP reclaimed the lost trendline support level?

JUP showed similar strength on the 4-hour chart, as it attempted to reclaim the lost trendline support level. The altcoin has traded above the trendline for the better part of June, but it was lost in the last five days of the month.

At press time, JUP’s price was above this level. However, it was yet to create a base above it to ascertain a true shift. If the price stays above the minor resistance at $0.24, it may mean that the altcoin could push to $0.28.

This scenario can probably be supported by the market’s buying pressure too. In fact, Net Volume revealed that more than 800K JUP were bought on the day as bulls reclaimed market momentum.

All in all, turning the resistance into support would mean a trend shift in the short term. Otherwise, failure would extend the bear structure that had started to form.

Final Summary

Jupiter rallied by more than 15% after JupUSD’s integration into JLP, talks of its own Omnichain Ledger, and its strategic reserve accumulation.
JUP’s price action reclaimed its lost trendline support, but was yet to form a base level at press time.

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Preguntas relacionadas

QWhat are the three main catalysts behind Jupiter's (JUP) recent double-digit price rally?

AThe three main catalysts are: 1) The addition of its own stablecoin, JupUSD, to Jupiter Liquidity Provider (JLP) as a custody asset, facilitating a planned $500 million USDC-to-JupUSD transition. 2) Reignited talks of Jupiter building its own Omnichain Ledger. 3) The Jupiter Strategic Reserve (Litterbox Trust) creating buying pressure and shrinking supply by accumulating JUP tokens, with 356,726 JUP added in the last 24 hours and a total of 143.8 million JUP now locked.

QWhat is the potential next price target for JUP mentioned in the article, and what condition must be met?

AThe article states that JUP's price may push to $0.28. For this to happen, the price must stay above the minor resistance level at $0.24 to confirm a true shift and turn that resistance into support.

QWhat significant change has occurred to JUP's total token supply according to the article?

AJUP's total token supply is now below 7 billion, down from the original 10 billion. This reduction follows the burning of 3 billion tokens in January 2025 and ongoing burns from the strategic reserve's efforts, with about 134.55 JUP burned recently.

QWhat does Net Volume data indicate about market activity for JUP?

AThe Net Volume data reveals that more than 800,000 JUP were bought on the day, indicating strong buying pressure and that bulls have reclaimed market momentum.

QWhat role does Jupiter play in the Solana ecosystem based on the information provided?

AJupiter drives more than 80% of the total retail liquidity movement on Solana. It has grown from a swap aggregator in 2021 into a full on-chain finance system.

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¡Bienvenido a HTX.com! Hemos hecho que comprar Jupiter (JUP) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar Jupiter (JUP) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu Jupiter (JUP)Después de comprar tu Jupiter (JUP), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear Jupiter (JUP)Tradear fácilmente con Jupiter (JUP) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

127 Vistas totalesPublicado en 2024.12.12Actualizado en 2026.06.02

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Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de JUP (JUP).