Jupiter, a leading Solana-based DEX aggregator, has made waves by burning $3.6 billion in tokens and launching an exciting buyback strategy. During its first-ever ‘Catstanbul 2025’ event, pseudonymous founder ‘Meow’ announced a game-changing plan, 50% of the platform’s protocol fee revenue will be used to buy back JUP tokens, which will be locked in a “long-term litterbox.” The remaining 50% will fund growth, and future strategies, and ensure operational stability. This announcement triggered a 15% surge in JUP’s price, climbing from $0.89 to $1.07 before stabilizing slightly.
For anyone keeping an eye on the cryptocurrency market, the usual suspects — Bitcoin, Ethereum,…
With new cryptocurrencies emerging constantly, it’s becoming harder to separate long-term value from short-term noise.…
Polygon has led the Layer-2 charge by building fast, scalable solutions on top of Ethereum’s…
The long-running legal battle between Ripple and the SEC may finally be nearing its conclusion,…
Bitcoin flirting with the possibility of a rally to $100,000 mark has sparked intense speculation…
Crypto analyst Miles Deutscher has drawn attention to what he sees as a promising opportunity…
