Jupiter crypto jumps 11% as Solana’s DeFi ecosystem grows

Jupiter token, powering the biggest dApp on Solana, rose more than 11% during this rally, benefiting from ecosystem growth.

Jupiter (JUP), the biggest DEX aggregator on Solana (SOL), is taking advantage of the latest market rally. On Thursday, May 7, the token was up 11.83%, reaching $0.4622, driven by both market momentum and ecosystem growth.

Altcoin momentum has started to pick up, as Bitcoin (BTC) broke above the $100,000 mark. The Altcoin Season Index reached its highest level since February, with 33 out of the top 100 altcoins in the green over the past 30 days.

Altcoin season index by day
Altcoin season index by day | Source: CoinMarketCap

Notably, Jupiter was not among the best performers during that period. In fact, it was…

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