Jupiter
In the last hour, Jupiter's price has seen a change of +1.09%, and over the past 24 hours, its price has moved by -4.75%. Over the previous week, Jupiter's price has moved by +28.45%. The current price of Jupiter is SAR 1.1004, accompanied by a trading volume of 253.8M in the last day. Jupiter's price is currently 85.66% below its all-time high of SAR 7.6730, which remains the highest price Jupiter has achieved since its launch. The circulating supply of Jupiter stands at 3.319B, translating to a total market capitalization of 3.653B.
Market stats
Frequently asked questions
What is the Jupiter Network?
The Jupiter Network and its trading token (JUP) is a decentralized blockchain platform built and developed on the Solana blockchain to enable users to quickly exchange tokens by routing transactions through multiple decentralized exchanges. Jupiter also offers a suite of trading applications and application programming interfaces (APIs) for more experienced traders in the cryptocurrency space. Its goal is to promote true decentralized adoption by making the use of cryptocurrencies as accessible and easy as buying them. Jupiter was launched in October 2021 by its anonymous founder (Meow) and initially focused on building the best swap infrastructure on Solana. Since then, it has evolved into a fully integrated decentralized finance (DeFi) platform, offering perpetual contract trading and plans for a stablecoin.
How does the Jupiter network work?
Jupiter functions as a liquidity aggregator on the Solana blockchain, automatically searching for the best price to execute trading orders across various decentralized exchanges, helping users get the best price at the lowest possible cost. It also provides a tool for comparing crypto asset bridges between blockchain networks, facilitating the transfer of these assets to the Solana network in the most efficient way possible. The platform’s native token, JUP, serves as both a governance and utility token, granting holders the right to vote on key decisions, such as platform development, liquidity management, and the distribution of rewards to the community, which in turn motivates the community to adopt and contribute to the project.
Is JUP available on Rain?
We are constantly working to expand our list of listed assets, and although we cannot provide a specific date for the listing of Jupiter (JUP) at this time, you can follow the latest updates through our official social media channels such as X.
Rain is licensed by the Central Bank of Bahrain (CBB) and the Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FSRA). This provides customers with a regulated framework for trading digital assets in the region.
What are the risks and considerations
Before purchasing JUP, it is important to understand the risks associated with it:
• Concentration risk: The network relies on a specific number of validators, which causes it to lose some of its decentralized characteristics.
• Governance and regulatory risk: The token’s value may be affected by legislation and regulation.
• Custody risk: You must protect your account with a strong password and two-factor authentication and choose an appropriate storage method after thoroughly researching your options.
• Technical risks: The coin may be subject to the same technical risks as the Solana network, as it relies entirely on it.
You should not purchase JUP based solely on price predictions. Instead, you should study the whitepaper, the coin’s use cases, the project, and your risk tolerance before making any decision.
Do I need to hold JUP tokens to execute trades on the Jupiter network?
Yes, but with Jupiter’s gas-free trading feature in 2026, you can execute trades even with a zero SOL balance. The transaction fees are simply deducted from the output token you receive.
What is the difference between trading on Jupiter and other decentralized platforms?
Trading on decentralized exchanges is limited to a single platform’s liquidity. Jupiter, however, uses an aggregator to scan all Solana exchanges, distributing your trades across multiple paths to get more tokens at the lowest possible price.
What is the circulating supply of JUP tokens?
The circulating supply of Jupiter’s JUP token is approximately 3.32 billion tokens, with a total supply of approximately 6.86 billion tokens and an adjusted maximum supply of 10 billion
What is a Jupiter wallet?
A Jupiter wallet is where you can securely store Jupiter. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a Jupiter address?
A Jupiter address is a string of unique characters that is tied to your Jupiter wallet. The address functions just like a bank account number and it is what you use in order to send Jupiter from your wallet, or to receive Jupiter to your wallet.
What are the most popular cryptocurrencies besides Jupiter?
Besides Jupiter, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What will the price of Jupiter be in next 5 years?
Price predictions for Jupiter over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading Jupiter taxable?
Trading Jupiter may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is Jupiter's ATH?
Jupiter’s all-time high (ATH) was SAR 7.6730 on 31 Jan 2024. This represents the highest recorded market price of the asset to date.
When will Jupiter be available on Rain?
We’re always working to expand our listed assets. While we can not provide a specific listing date for Jupiter just yet, stay tuned for updates by following us on our official social channels like X.
What is the market cap of Jupiter?
With a market capitalization of 3.653B, Jupiter is ranked 63 among other crypto assets.
What is the all-time high of Jupiter?
The highest valuation of Jupiter since its launch was at SAR 7.6730, marking its all-time high.
What is the 24-hour trading volume of Jupiter?
The trading activity of Jupiter over the last 24 hours was at 253.8M, highlighting its liquidity in the market.
How many Jupiter are there in circulation?
There are approximately 3.319B units of Jupiter currently in circulation, affecting its market dynamics.
What is the relative popularity of Jupiter?
Jupiter market cap is around 3.653B.
When was Jupiter created?
Jupiter was introduced on 30 Jan 2024.
Website
White paper
Source Code
