Jupiter Price Forecast Soars with TVL Surge and Metis V8 Launch 🚀
JUP price traded between $0.19 and $0.21, up 8% in the past 24 hours. TVL rose to $2.94 billion, with Jupiter launching Metis V8 for improved execution efficiency.
Leading tokens contributing to Jupiter’s TVL include SOL, USDE, USDG, and WBTC, showcasing both native Solana liquidity and bridged assets supporting cross-asset routing activity.
Metis V8 targets reducing Quotation Execution Drift (QED) using slippage penalties and JIT on-chain finalization for better execution certainty. These updates aim at minimizing adverse price movements between quote and execution, bolstering Jupiter's value proposition for high-frequency routing and larger order flows.
As JUP has bounced strongly from the $0.19 area, bulls look to test a key supply zone near local highs recorded in late December 2025 and again this May. The daily RSI sits around 52 and is upsloping, suggesting mild bullish momentum with room for further gains.
However, the Supertrend indicator currently issues a sell signal following the surge from lows of $0.15 in April. Key resistance levels to monitor are at $0.23 and $0.27, while more significant support could be seen at $0.17 and the $0.14-$0.13 area.
The protocol's TVL growth reflects renewed capital inflows and increased usage, highlighting Jupiter’s growing ecosystem capacity and asset commitment to users. 💸
Are you bullish on Jupiter (JUP) heading into this potential resistance zone? 👇
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