Jupiter's Price Forecast Rises with TVL Growth 🔶🚀
Jupiter price traded between $0.19 and $0.21, up 8% in the past 24 hours. Total Value Locked (TVL) rose to $2.94 billion, marking a significant increase from previous levels. Jupiter launched Metis V8, an update to its DeFi routing engine designed to reduce execution drift, further boosting the protocol's value proposition.
- Jupiter JUP token surged over 8% in the past 24 hours.
- The technical picture includes a daily RSI at 52 and an upsloping trend.
- Leading tokens contributing to TVL are SOL, USDE, USDG, and WBTC.
- Metis V8 focuses on reducing quotation execution drift with slippage penalties and JIT on-chain finalization.
As Jupiter's native token continues to rise, the key question is whether this technical picture gives the bulls an edge. The recent launch of Metis V8 could reinforce a bullish outlook for Jupiter (JUP) in the future.
Price might go up and down, but Jupiter's technology is here to stay. What do you think about Jupiter's future? 👇