Jupiter Exchange, a swap aggregator on the Solana [SOL] blockchain, has announced that it would release a token with the
Although Jupiter did not disclose when it would release the token, the Solana community showed that it was excited about the prospect.blockchain, has announced that it would release a token with the ticker “JUP.” According to Solana DeFi trader DeFiSolar, the DEX announced the development at the ongoing BreakPoint conference in Amsterdam.Breakpoint is a Solana community place located in the Netherlands.
Although Jupiter did not disclose when it would release the token, the Solana community showed that it was excited about the prospect.rose was that the exchange noted that 40% of the total JUP supply would be airdropped to users who have contributed to the protocol. In crypto, an airdrop is a process of sending free tokens or coins to selected addresses that meet certain criteria.. According to Jupiter Station, total transactions on the protocol had increased to 301,108 at press time.
Meanwhile, there were other developments at the Breakpoint 2023 event. There, Solana unveiled its partnership with Amazon AWS. According to the project, the collaboration would enable the availability of its nodes through the Node Runner app. Also, it would serve as a way to adopt decentralized applications on Solana’s cost-efficient transaction blockchain. With respect to the previous network outage challenges, Solana introduced Firedancer, a scaling solution to help fix the problem.Victor is a full-time journalist at AMBCrypto. Before his sojourn into the world of journalism, he was a “buy the top, sell the bottom” merchant while doubling as a sales funnel copywriter.
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