Jupiter, a decentralized exchange on Solana, announces a 700 million JUP airdrop in January 2025. It aims to incentivize active users and strengthen community ties. Notably, 22% of all Jupiter-associated wallets meet criteria, such as handling at least 1,000 USD in swap volume.
Following its first airdrop, JUP soared to 1.85 USD, increasing by 300%. Currently, the token trades around 0.85 USD. Despite fluctuations, Jupiter’s stable market presence is reinforced by over 2.4 billion USD in TVL and a strategic user-driven approach.