Jupiter Exchange token gains 1.4% as crypto sell-off deepens

Jupiter Exchange token gains 1.4% while the crypto sell-off deepens

Jupiter Exchange’s $JUP rose 1.4% in 24 hours to $0.2665 as of 7:40 a.m. ET on Sunday, while every other Solana-ecosystem coin we track fell.

The quick take

Price: $0.2665, up 1.4% in 24 hours (+1.4% ↑), near its 24-hour high of $0.2669.
Trigger: No confirmed news; the gain came as Bitcoin hit a four-month low and $SOL fell 4.1%.
Watch: Whether $JUP holds near $0.2669 while sellers still make more trades in its main pool.

What happened

The Jupiter Exchange token gains 1.4% on a day when most of crypto fell. Jupiter ($JUP) traded at $0.2665 at 12:40 UTC, per CoinGecko. Jupiter’s own price feed showed $0.2666, a gap of 0.04%.

The token sits just under its 24-hour high of $0.2669, and CoinGecko puts the 24-hour low at $0.2359. On Binance’s JUP/USDT pair, the weakest hourly close was $0.2431 at 21:00 UTC on Saturday. The biggest jump came at 03:00 UTC, when the hourly close rose from $0.2492 to $0.2635.

Weekly readings differ by source, but all show a gain. CoinGecko’s market list shows +11.5% over seven days, its coin page +9.9%, and CoinPaprika +11.1%.

Why it moved

The cause of the gain is not confirmed. We found no Jupiter announcement or rated news report that explains it.

The wider market went the other way. Cointelegraph reported that Bitcoin ($BTC) slid to a 24-hour low of $62,080.91 on Sunday, its weakest level since July. The outlet said total crypto market value fell about 4% to $2.26 trillion.

At 12:41 UTC, LiveCoinWatch showed $BTC at $65,480, down 2.5%, and Ether ($ETH) at $1,831, down 3.9%. Solana ($SOL) fell 4.1% to $72.69 on CoinGecko. Of the ten Solana-ecosystem coins we track, $JUP was the only one up over 24 hours.

Who’s buying and selling

Sellers still made more trades. In the largest $JUP pool on DexScreener, an Orca JUP/SOL pool, there were 16,556 sells and 13,494 buys in 24 hours. GeckoTerminal’s top pool, on Meteora, was close to even, with 2,265 sells and 2,220 buys.

CoinGecko lists $79.6 million in 24-hour trading volume and a market value of $884.6 million.

What to watch next

Watch whether $JUP can hold near its $0.2669 daily high if Bitcoin weakens again. The Crypto Fear & Greed Index stood at 10 on Sunday, in “extreme fear,” Cointelegraph reported, citing Alternative.me.

Jupiter’s lending side has been steadier than prices. DefiLlama shows Jupiter Lend at $926.2 million, down 0.2% over seven days.

Bottom line: $JUP is holding a small gain near its daily high while most of the market falls, with no confirmed trigger behind it.

Price data: CoinGecko, cross-checked with Jupiter.