Jupiter, one of the leading DeFi platforms of the Solana ecosystem, is preparing to be listed on Binance with its own token, JUP. Binance continues to offer various investment and trading opportunities to its users with the altcoins it has continued to list recently. In this context, Binance announced that Jupiter (JUP) will be on its platform and trading will begin with the “seed” tag. announced.
In line with Binance’s plans to list JUP, it will start serving JUP/USDT, JUP/FDUSD and JUP/TRY parities. This will allow users to increase liquidity and expand transaction diversity by offering different trading options. The listing will start today at 18.30 Turkey time, and during this process, the Jupiter token will meet Binance’s wide user base.
It is also worth noting that Binance added a warning to the announcement stating that it classifies JUP as an emerging project with the “seed” label.
The listing of Jupiter on Binance can be considered an important step in increasing the global acceptance of the token and enabling it to reach a wider audience of investors. This listing could increase the popularity of the project and create momentum for future developments.
With the listing announcement, the altcoin saw a significant increase in price. According to current data, the value of JUP has increased by 57% to $0.0125 in the last 24 hours. This shows that the Binance listing news created excitement among investors and positively affected the value of JUP. Along with the price increase, altcoin trading volume also experienced a significant increase of 115%.
As a DeFi project with a strong presence on the Solana blockchain, the Jupiter ecosystem will have the opportunity to reach a wider audience with the Binance listing process. By following this development closely, investors can learn more about Jupiter’s future potential and evaluate the project’s chances of long-term success.
You can follow the current price movement here.