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- Jupiter’s price (JUP) is currently above USD 0.6 and could point to USD 1.
- While USD 1 in May can be difficult for bullies, JUP has recovered significantly in the last month to support the bulls.
- The growth of decentralized finances in the middle of Jupiter Lend’s next launch could be a catalyst.
Jupiter (JUP) shot more than 11% in the last 24 hours and 21% last week to reach maximum $ 0.64.
The native token of the decentralized liquidity platform is among the main winners among the 100 main market capitalization, according to Coinmarketcap.
As Bitcoin climbed a new historical maximum, a new interest in the Altcoins leaked in the JUP market, with profits that reflected those of Hyperliquid and other decentralized finance projects.
Does Jupiter point to the growth of Defi de Solana?
The wave of Jupiter, which has been strengthened last month, received an important tail wind support from the last advertisement of the project.
Observing Defi’s impulse, Jupiter reveals plans for its new loan product: the Jupiter Lend platform will present This summer.
According to the details that Jupiter Exchange revealed on Thursday, Jup soon could become an integral part of the Defi de Solana market.
This is due to the very praised association between Jupiter and Fluid, a protocol defi designed to boost mass adoption.
If the launch occurs in summer, Jupiter Lend will be an important rival for Kamino Finance, which currently dominates the loan market of Solarium with a total blockade (TVL) of 2.6 billion dollars.
Lend is the search for Jupiter to penetrate this market with a platform that will take advantage of the double layer of fluid.
A layer of protocol and liquidity means the instantaneous liquidity potential, with users asking for their crypto.
In particular, Jupiter is one of the main aggregators Dex de Solana, currently with USD 2.67 billion on TVL.
Can this launch and other factors help the price of Token Jup?
Jupiter’s price prediction: Can Jup recover $ 1 in May?
The price of Token Jup is around $ 0.61, far from the minimum of $ 0.54 of May 22, 2025.
A little over a week for May, the bulls point to a green closure, since Bitcoin attracts the attention of institutional investors.
But having reached 0.6 dollars, the JUP price has risen more than 100% since it reached minimum of $ 0.3 on April 7.
JUP also recovered in the middle of a repurchase program in February.
The last climb makes Jupiter’s native token publish a new bullish perspective.
Pric graphic of tradingview
The JUP daily chart has the relative force index and the convergence divergence of the mobile mean that indicate the upward price action.
In this case, a rupture to USD 0.83 could boost the bulls towards the USD 1 or more psychological.
On the other hand, a reversal that sends to JUP below USD 0.57 will probably catalyze a new support of the support around USD 0.47.
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