Jupiter has admitted it overstated claims about “zero risk” lending, denting Solana price predictions as one of its key DeFi drivers gets pushed to the sidelines.
The altcoin is wrapped up in a controversy, stemming from now-deleted posts that described Jupiter Lend vaults as carrying “isolated risk.”
Example deleted post of “isolated risk” claims. Source: X, @JupiterExchange.
Jupiter COO Kash Dhanda clarified on X that while the vaults are isolated, the use of rehypothecated assets exposes users to risk as shocks in one part of the system can still pass through those reused assets.
The vaults are designed to limit contagion, but Dhanda acknowledged the team should not have implied they were completely insulated.
The correction has not stopped the crypto community from sidelining Jupiter. Lending protocol Kamino has blocked users from migrating funds to Jupiter Lend, citing the misrepresentation.
As a contributor to over $616 million in network activity, an exodus of Jupiter Lends could weigh on Solana through weaker adoption and decreased usage of SOL as a utility token.
Solana Price Prediction: Can Solana Survive Without Jupiter Lends?
While Jupiter Lends has weakened as a contributor of inflows into the Solana ecosystem, the market reaction has not derailed a potential launchpad setup.
The formation of a higher low solidifies the $120 level as the base of a double-bottom pattern, a reversal setup that is now being reflected by momentum indicators.
The MACD is no longer declining, but holding a wide lead above the signal line, while the RSI continues to form higher lows as it approaches the 50 neutral line. Both are strong indicators of a bullish shift.
Still, the Solana price has yet to surpass the double-bottom neckline around $145, a level it must reclaim as support for the $210 target to play out.
Such a shift would set up a retest of the wider year-long descending triangle resistance, creating a breakout scenario targeting levels near $500 for a potential 260% gain.
A target that stands to extend much higher as the bull run matures in 2026, with anticipated U.S. interest rate cuts stimulating demand and a potential 630% $1,000 run.
Solana appears more in tune with wider market narratives than the Jupiter controversy.
Bitcoin Hyper: Solana Might Be The Wrong Coin to Watch
Those who jumped to Solana as an alternative Layer 1 to the leading crypto may be forced to reconsider, as the Bitcoin ecosystem finally addresses its biggest limitation: ecosystem growth.
Bitcoin Hyper ($HYPER) is bridging Bitcoin’s security and stability with Solana’s speed, creating a new Layer-2 network that unlocks scalable and efficient use cases Bitcoin couldn’t support alone.
The project has already raised over $30 million in presale, and post-launch, even a small share of Bitcoin’s trading volume could push its valuation significantly higher.
Bitcoin Hyper is fixing the slow transactions, high fees, and limited programmability that have capped Bitcoin’s potential – just as the market turns bullish.
Visit the Official Bitcoin Hyper Website Here
The post Solana Price Prediction: “Zero Risk” Turns Out to Be Wrong – Did This Exchange Expose a Hidden Danger in Crypto? appeared first on Cryptonews.
