Jupiter (JUP) token, powering the biggest dApp on Solana, rose more than 11%

Jupiter (JUP), the biggest DEX aggregator on Solana (SOL), is taking advantage of the latest market rally.

Jupiter (JUP), the biggest DEX aggregator on Solana (SOL), saw its token rise more than 11% during Thursday's rally. The gains come amid broader altcoin strength and continued ecosystem growth.

As Bitcoin (BTC) soared above the $100,000 mark, broader altcoin momentum started to pick up. 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.

However, Jupiter was not among the best performers during that period. In fact, it was one of the worst, losing 44% of its value over the past 90 days.

Despite this, the strength of Solana's ecosystem, where Jupiter continues to maintain dominance, is fueling renewed optimism.

Part of the reason why Jupiter is recovering comes after the growth of Solana's DeFi ecosystem was highlighted. The surge comes as Solana's DEX volume passed $800 billion so far in 2025.

While more than half of this volume was in January, trading volumes remained consistent throughout the year. This benefits Jupiter, which maintains a dominant position among Solana-based applications.

So far in 2025, its DEX aggregator has accounted for 42%, or $334 billion, of all DEX volume on the chain. Raydium was a distant second, handling 23.48% of the total.

Furthermore, Jupiter controls 95% of the market share among DEX aggregators on Solana. As the most popular DeFi app in the ecosystem, Jupiter is well-positioned to benefit from Solana's continued recovery and expanding user base. If ecosystem growth persists, the JUP token is likely to follow.