Today, developments in the Solana ecosystem have come to the fore in the market. The upcoming airdrop of Jupiter Exchange, a Solana-based DEX, has increased interest in the token. In addition, JUP, the token of the stock exchange, received good news for listing repeatedly. In a recent development, the leading cryptocurrency exchange OKX also announced that it will add JUP to its list. Amidst these developments, the token price made double-digit gains despite the stagnant market.
OKX also announced the listing for Solana-based JUP
cryptokoin.comAs you follow from , the crypto market started the new week generally calmly. However, developments in the Solana ecosystem have been igniting for some tokens. Of these, WEN and JUP prices saw increases of up to 40%. The upcoming airdrop of JUP, the native token of Jupiter Exchange, a Solana-based DEX, has increased interest in the token. As a result, customers of various crypto exchanges demanded the listing of the token. In a recent development, the leading crypto exchange OKX has also joined this caravan. In this context, the stock exchange announced the good news of the listing as follows:
Looking for the best prices for your transactions on Solana-based DEXs and DeFi platforms? Listed on JupiterExchange OKX!
- Deposits: Open.
- Spot trading will begin when the JUP deposit meets liquidity requirements.
OKX noted the following schedule for Jupiter’s spot trading listing:
- The Stock Exchange will open JUP deposits on January 29, 2024 at 11 am ET.
- Spot trading: Once the JUP token deposit meets our requirements, OKX will list JUP/USDT spot trading.
- JUP withdrawals will be available on February 1, 2024 at 13:00 CET.
Jupiter announces more JUP airdrops
Solana-based decentralized exchange Jupiter said on Monday that users will get another opportunity to receive JUP tokens in airdrops every January. However, users who joined recently will not be able to participate in upcoming airdrops. According to Jupiter, the total amount of JUP is 10 billion. The project will use 40% of this for community growth. It also plans to distribute them through 4 rounds of airdrop.
Meanwhile, Jupiter decentralized crypto exchange surpassed Uniswap V3 in consecutive 24-hour trading volume amid the WEN meme coin and JUP airdrop frenzy. CoinGecko data shows transaction volume exceeded $517 million on Jupiter compared to $492 on Uniswap V3 (Ethereum). Jupiter co-founder Meow has announced that recent airdrop participants will not be included in the upcoming airdrop round. The airdrop process will begin every November. Additionally, upcoming airdrops will continue until the end of January. In the meantime, the exchange plans to continue improving the platform, pushing the commodity, and growing the catdets core. Only 2 days left for participants to claim JUP.
Solana-based JUP price rallied
The ERC-20 Jupiter Project token price took off in the middle of the Jupiter exchange’s JUP airdop. JUP, the governance token of the Jupiter exchange, has not yet been listed. Jupiter Project (JUP) price saw an increase of up to 25% during the day. The token was trading at $0.00622 at the time of writing. The 24-hour low and high price are $0.00483 and $0.00642 respectively. Crypto exchanges including Bybit, HTX, MEXC, KuCoin and others announced JUP listing amidst intense demand from the crypto community.
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