"Jupiter's $JUP Airdrop and Trading Volume Surge on Solana"

1 min read
Source: Decrypt
"Jupiter's $JUP Airdrop and Trading Volume Surge on Solana"
Photo: Decrypt
TL;DR Summary

Solana's decentralized exchange aggregator, Jupiter, has seen a surge in daily trading volume, surpassing Uniswap on Ethereum with over $1.2 billion in volume. The platform initiated a massive JUP token airdrop, with 1 billion tokens available for claim by eligible users. Despite the initial excitement, the JUP token's market price experienced fluctuations, and SOL's price also saw a 6% decrease. The airdrop has attracted significant interest, with nearly 392,000 unique wallet addresses claiming tokens so far, and Jupiter has allocated an additional 3 billion tokens for future airdrops to reward newer users.

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