Solana

Jupiter

Giant

Read

<ul>
 <li>Solana and Jupiter launch the Giant Unified Markets Initiative (GUM).</li>
 <li>This move will bring more assets into Solana to be indexed on Jupiter.</li>
 <li>At faster and cheaper transaction rates more value will flow into SOL and JUP.</li>
</ul>
<p>Jupiter Swap launches the Giant Unified Markets Initiative which will bring all asset markets ro Soalan in a globally accessible single lightning-fast atomic marketplace. Solana drives hype towards GUM.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">The Giant Unified Markets Initiative by <a href="https://twitter.com/JupiterExchange?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@JupiterExchange</a> aims to bring all asset markets to Solana in a single, globally accessible, and lightning-fast atomic marketplace <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1fa90.png" alt="🪐" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>It’s time to chew GUM. <a href="https://t.co/9ikkxmpBDX" rel="noopener noreferrer nofollow">https://t.co/9ikkxmpBDX</a></p>— Solana (@solana) <a href="https://twitter.com/solana/status/1792978454083969514?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 21, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>In detail, the <a href="https://jup.ag/" target="_blank" rel="noopener noreferrer nofollow">Jupiter Swap</a> has launched the Giant Unified Market Initiative where its key effort is to bring all assets into a single atomic market. This will make all these assets accessible to the masses with a fraction of a cent. This is a privilege for all Solana users powered by Jupiter.</p>
<p>The idea is to have all these assets indexed on Jupiter which will bring more assets towards Solana. Not only will this boost easy access to the world, but the move will <a href="https://cryptonewsland.com/from-jupiterjups-rise-to-openoceanooes-potential-predicting-a-70x-ooe-surge-to-2/" target="_blank" rel="noopener noreferrer nofollow">drive more value towards both SOL and JUP</a>.</p>
<p>This initiative will bring all types of tokens to a main hub. Thus, from memecoins, real-world assets (RWA_, stocks and forex, the move aims to bring all these assets to Solana and index them on JUP. Thus, more users can transact across all these markets atomically.&nbsp;</p>
<p>Jupiter marks this move as a great dream of finance for the crypto exchange platform. This dream will now be brought to life right there on the Solana blockchain network. A world where highly liquid markets for stocks, RWAs, forex, and crypto (native or wrapped) is almost within our grasp.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Imagine a world where highly liquid markets for forex, stocks, RWAs, all crypto assets (wrapped or native), commodities ALL sit in one single state machine, and you can transact across all of them in a single atomic txn taking 1 sec &amp; $0.002.<br><br>Coming your way on Solana x Jupiter <a href="https://t.co/FuN5YFY1Ad" rel="noopener noreferrer nofollow">https://t.co/FuN5YFY1Ad</a></p>— meow 喵 (@weremeow) <a href="https://twitter.com/weremeow/status/1741347652019868106?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 31, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>All these commodities will soon sit in one single state machine where users from across the globe can transact across all of them in a <a href="https://cryptonewsland.com/solana-rockets-over-25-in-just-one-week-whats-next/" target="_blank" rel="noopener noreferrer nofollow">single, smooth, and speedy transaction</a> of less than 1 second at $0.002.</p>
<p>To bring this vision to life on Solana more assets, more liquidity, and more accessibility must be brought. The <a href="https://x.com/JupiterExchange/status/1792971775036493897" target="_blank" rel="noopener noreferrer nofollow">GUM alliance</a> has been assembled to achieve it. Finally, over the next few months, assets will be onboarded onto Solana, liquidity markets will be created for them, and these markets will be integrated into Jupuiter to encourage adoption.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/which-three-cryptocurrencies-can-grow-your-500-to-10000-in-the-first-quarter-of-2024-with-minimal-risk/" rel="noopener noreferrer nofollow">Which Three Cryptocurrencies Can Grow Your $500 to $10,000 in the First Quarter of 2024 With Minimal Risk?</a></li>
 <li><a href="https://cryptonewsland.com/unlocking-solanas-top-5-crypto-coins-of-2024-your-ultimate-investment-guide/" rel="noopener noreferrer nofollow">Unlocking Solana’s Top 5 Crypto Coins of 2024: Your Ultimate Investment Guide</a></li>
 <li><a href="https://cryptonewsland.com/unified-trading-account-now-live-for-bybit-users/" rel="noopener noreferrer nofollow">Unified Trading Account Now Live For Bybit Users</a></li>
 <li><a href="https://cryptonewsland.com/polygon-unveils-next-gen-ux-with-polygon-portal-for-seamless-web3-experience/" rel="noopener noreferrer nofollow">Polygon Unveils Next-Gen UX with Polygon Portal for Seamless Web3 Experience</a></li>
 <li><a href="https://cryptonewsland.com/xrp-to-1000-now-holds-a-greater-possibility-analyst-explains-how/" rel="noopener noreferrer nofollow">XRP to $1,000 Now Holds a Greater Possibility, Analyst Explains How</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/sol-and-jup-introduce-the-giant-unified-markets-initiative-gum-to-mobilize-all-assets-into-jupiter-on-solana-for-greater-crypto-adoption/" rel="noopener noreferrer nofollow">SOL and JUP Introduce the Giant Unified Markets Initiative (GUM) to Mobilize All Assets Into Jupiter on Solana for Greater Crypto Adoption</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

SOL and JUP Introduce the Giant Unified Markets Initiative (GUM) to Mobilize All Assets Into Jupiter on Solana for Greater Crypto Adoption

Crypto News Land

2024년 5월 22일에 게재된 다른 기사

Ethereum Market Value Rises Sharply

Lyra Predicts Ethereum Reaching $5,000 by June

Europe’s AI Act Gets Final Approval With Up To $38M Fines

Decision on Ethereum Spot ETF Approval On the Horizon: Here are the Top Altcoins to Watch This Week

Kelp DAO Secured $9M in a Private Token Sale Round

Donald Trump Becomes First Major Party Candidate To Accept Crypto Donations

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!