Grayscale is expanding its selection of crypto assets, and Jupiter (JUP), a leading DEX aggregator on Solana, is one of the key additions. Jupiter has seen significant growth recently, locking $1.32B in value and generating $3.38M in fees in October alone. Its token (JUP), currently trading at $0.85, is considered undervalued based on its total value locked. With new innovations like meme token analysis and low-slippage trading, Jupiter is set to rival Uniswapâs UNI.
Jupiter will also host the launch of DeBridge DBR tokens through its LFG liquidity on October 15, ensuring fair distribution and avoiding whales. This will further boost its role in decentralized finance. Stay tuned as Jupiter continues to grow in the Solana ecosystem!
