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- Jupiter acquires SolanaFM and rolls out main updates enhancing Solana’s ecosystem.
- Jupiter’s RFQ characteristic to simplify liquidity from exchanges like Binance on Solana.
- Jupiter Cellular set to launch with 0 charges, supporting Apple Pay, Google Pay for mass adoption.
SolanaFM has been acquired by Jupiter, Solana’s main decentralized trade. The announcement got here through SolanaFM’s official X account, the place they shared their enthusiasm on the merger.
Together with SolanaFM’s announcement, Jupiter additionally used its X account to focus on upcoming upgrades designed to enhance the Solana ecosystem. Moreover, Jupiter launched 5 main updates to streamline improvement, enhance liquidity, and assist memecoin actions on the Solana blockchain.
Jupiter’s Solana Ecosystem Enhancements
Jupiter talked about on their X account that this characteristic will make it simpler for market makers from exchanges like Binance to supply liquidity on Solana. Additionally, Jupiter is gearing as much as launch a beta UI subsequent week, integrating RFQ into its foremost routing framework.
Jupiter additionally introduced the launch of Perps V2, an up to date model of its perpetual contracts platform. Constructing upon the liquidity of its earlier Perps V1, the brand new model introduces a number of options, corresponding to Restrict Orders, a revamped oracle system, and gasless transactions.
Learn additionally: Jupiter Cancels Planetary Name to Concentrate on Breakpoint Occasion
To additional improve person expertise, Jupiter acknowledged that they’re getting ready to launch Jupiter Cellular, a friction-free app with 0 platform charges. It’s going to assist fee strategies like Apple Pay and Google Pay, with the objective of onboarding thousands and thousands of customers into the Solana ecosystem.
For memecoin lovers, Jupiter is rolling out Ape Professional, a complete platform that mixes buying and selling instruments with social login and token creation options.
Jupiter Worth Evaluation
On the time of writing, Jupiter’s worth was $0.8850, displaying a ten% improve within the final 24 hours. This development has positioned Jupiter among the many top-performing tokens, with a buying and selling quantity of over $101 million up to now day.
Learn additionally: Jupiter (JUP) Worth Prediction 2024-2030: Will JUP Worth Hit $5 Quickly?
Over 24 hours, Jupiter’s worth chart exhibits a gentle improve with minor corrections. The asset’s worth began close to $0.78, fluctuating barely earlier than settling on the $0.82 to $0.84 vary. Towards the tip of the day, a pointy worth surge pushed Jupiter to a excessive of $0.87, fueled by elevated shopping for exercise.
Technical indicators level to a bullish development for Jupiter. The MACD has proven a constructive crossover, with the MACD line transferring above the sign line, indicating sturdy shopping for momentum.
The RSI is at 63.36, nonetheless in impartial territory however approaching overbought ranges, suggesting potential for additional positive factors earlier than resistance is met.
Disclaimer: The data introduced on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any variety. Coin Version isn’t chargeable for any losses incurred because of the utilization of content material, merchandise, or companies talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.