Jupiter

Date: Sat, August 31, 2024, 08:42 AM GMTThe Solana ecosystem has reached a new milestone, with Jupiter, its decentralized exchange (DEX) aggregator, surpassing $280 billion in total transaction volume. According to data from Dune Analytics as of August 31, Jupiter’s transaction volume stands at an impressive $282.8 billion. The platform has facilitated over 552 million swaps and attracted more than 9.1 million traders.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/959e0fae9c1e458ea352cbb3a551cc0e.png" />Source: <a href="https://dune.com/ilemi/jupiter-aggregator-solana" rel="noopener noreferrer nofollow">Dune</a>This growth is largely attributed to the recent surge in activity surrounding <a href="https://coinsprobe.com/web-stories/top-10-solana-based-memecoins-to-watch-out-for-bull-run/" rel="noopener noreferrer nofollow">Solana-based memecoins</a>, which have drawn in a wave of new users and traders. As these tokens gain popularity, they’ve significantly contributed to the overall transaction volume on Jupiter.Jupiter’s native token, $JUP, is currently trading at $0.75, with a market capitalization of $1.03 billion. The platform’s success highlights the growing influence of Solana in the broader cryptocurrency market, as it continues to attract both seasoned traders and newcomers alike.

Solana's Jupiter DEX Aggregator Hits $280 Billion Milestone in Transactions

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