Jupiter -token, who flowed the largest Dapp on Solana, rose more than 11% during this rally and benefited from the growth of ecosystem.
Jupiter (Jup), the largest DEX aggregator on Solana (SOL), benefits from the latest Marktrally. On Thursday, May 7, token rose by 11.83%and reached $ 0.4622, driven by both market momentum and ecosystem growth.
Altcoin Momentum has started to pick up, while Bitcoin (BTC) broke above $ 100,000. The Altcoin Season Index reached the highest level since February, with 33 from the top 100 altcoins in the Green in the last 30 days.
Altcoin season index per day | Source: Coinmarketcap
In particular, Jupiter was not the best artists in that period. In fact, it was one of the worst and lost 44% of its value in the last 90 days. Nevertheless, the power of the Solana ecosystem – where Jupiter is retained dominance, it feeds the renewed optimism.
Jupiter rises on the growth of Solana Defi
Part of the reason why Jupiter recovers is thanks to the growth of the Defi Ecosystem from Solana. The increase coincided with the DEX volume of Solana, which so far $ 800 billion broke in 2025. Although more than half of this part was in January, trade volumes so far remained consistent this year.
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This benefits Jupiter, which maintains a dominant position at the bottom of Solana -based applications. So far in 2025, the DEX -aggregator has 42%or $ 334 billion, of all DEX volume on the chain, good. Raydium was a distant second and used 23.48% of the total.
Top Defi applications on Solana per year | Source: Topboek
In addition, Jupiter checks 95% of the market share among DEX -Aaggregators on Solana. As the most popular Defi app in the ecosystem, Jupiter is well positioned to take advantage of the continuous recovery of Solana and expanding the user base. If the growth of the ecosystem persists, the Jup will probably follow.
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