
Massive Volume Surge Sends Jupiter (JUP) Soaring—Can It Hit $1 Soon?
July 22, 2025
In a surprising turn of events, the price of Jupiter’s native token, JUP, has seen an unprecedented surge in volume and value. This unexpected rally could potentially propel the token to new heights, including reaching the psychological barrier of $1.
Over the past week, JUP’s price rose by a staggering 25.6%, demonstrating a significant increase in interest and adoption. The daily trading volume also jumped exponentially, surging 175% to an astonishing $342 million. This monumental spike can be attributed to Jupiter’s recent announcement about its lending feature, which allows users to utilize their liquidity tokens as collateral for accessing credit.
What sets Jupiter apart from other decentralized finance (DeFi) lending systems is its innovative approach of backing loans with an internal pool of assets rather than relying on open markets. This unique design alleviates the risk of forced liquidations and provides a safer haven for investors seeking stable returns.
The $150 million allocated to USDC in JLP Loans has had a profound impact, driving up the token’s value by 3% within a single day. The current price of $0.6209 is a testament to the growing interest in Jupiter’s ecosystem and its commitment to innovation.
As we continue to witness unprecedented growth, investors are now eagerly anticipating the possibility of JUP reaching new heights. Technical indicators suggest an increasingly favorable outlook for the token, with potential resistance points at $0.70 and $1.00.
In recent months, Jupiter has demonstrated exceptional resilience and a strong performance in comparison to other tokens. It is now home to over 8 million active wallets, boasting an impressive transaction volume of $142 billion and fee earnings of $82.4 million.
The launch of its lending feature, combined with the integration of trading and liquidity provision, has significantly enhanced Jupiter’s appeal for users seeking returns across multiple fronts within the Solana ecosystem.
With these figures in hand, it is not far-fetched to imagine JUP surging even further.
Source: crypto-economy.com