The Price of the Giant Altcoin on Solana is Soaring with Expectation 3 Days Before the Big Plan! - Coin Bulletin

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Jupiter's JUP token, approaching its buyback plan, surged 17% in the last 24 hours, making it one of the top performing altcoins of the day.

The native token of the decentralized exchange aggregator (DEX) Jupiter, based on Solana, JUP, started to rise again after experiencing volatile movements in the market. The approaching token buyback program that the protocol will initiate on 17th of February increased investor interest and pushed the price upwards.

Buyback plan boosted the market

Jupiter announced that it would use 50% of protocol revenues from the market to buy JUP tokens at the Catstanbul 2025 event last week. The tokens purchased will be locked for three years, thus reducing the circulating supply. This step is expected to contribute to the sustainability of the platform.

According to the latest data, the JUP price has increased by 17% in the last 24 hours. Investors predict that the price could rise further as the buyback process begins.

However, some market analysts warn that there could be speculative moves in the short term. In particular, high transaction fees and monopolization allegations in the Solana ecosystem keep concerns about the project alive.

According to CoinGecko data, JUP is currently trading at 0.95 dollars and is among the top gaining altcoins of the day.

SOL0.77%
JUP-0.24%
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GateUser-74bafa7avip
· 02-14 14:59
Watch closely 🔍2025 GOGOGO 👊
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