$JUP-USD

Grayscale's research shows Aave (AAVE) and Jupiter (JUP) have positive earnings yields, but negative tokenholder yields when accounting for buybacks, rewards, and supply growth. AAVE's buybacks fund its ecosystem reserve, while JUP's buybacks and burns haven't offset new supply. Both protocols face challenges in balancing revenue, operating costs, and token economics.

Grayscale identified top 10 crypto assets by tokenholder yield and adjusted earnings yield. HYPE leads with 8.0% yield, CAKE with 14.4%. Five tokens have negative yields due to dilution. Grayscale argues many crypto assets can be valued using cash flows, unlike Bitcoin.

Jupiter (JUP) surged 15% in 24 hours, with a 48% monthly gain and 100% YTD increase. It became Solana’s largest lending market, with $1.214 billion in active loans, overtaking Kamino Finance. Total Value Locked (TVL) grew by $500 million since mid-August. Trading activity is mixed, with bullish whales and bearish retailers on OKX. Jupiter’s Strategic Reserve accumulated 1.023 million tokens this month.

Jupiter's Ultra trading service showed fewer sandwich attacks than competitors in a three-year academic study, scoring 0.7 compared to rivals' higher scores. Despite this, JUP token dropped 9.49% to $0.337 after a 69% rally. Support levels are noted at $0.32, $0.30, and $0.29, with resistance at $0.35 and $0.37-$0.38.

Jupiter (JUP) surged 5.92% in 29 hours, driven by broader uptrends and product developments. The protocol expanded tokenized stocks and perpetuals markets, boosting fee potential and buybacks. Solana DEX activity, led by Jupiter, surpassed the NYSE in weekly trades, with Jupiter handling over 80 million. A KOL endorsed Solana DeFi, including Jupiter, as undervalued. Recent Injective integration and a risk-on altcoin market also contributed to the move.

Jupiter (JUP) surged 21% due to increased trading volume from StonkFun's STONK token on the Solana ecosystem. The integration with Raydium's LaunchLab drove volume through Jupiter, benefiting its JUP token. Jupiter's buyback mechanism, which uses 50% of protocol revenue to buy back JUP, intensified the price increase. Additionally, a broader rotation into Solana DEX tokens contributed to the rise. JUP reached $0.27 during the surge, with some gains given back by the 24-hour mark.

Jupiter (JUP) rose 12% in 24 hours, with weekly gains over 15%, driven by buybacks and Solana ecosystem discussions. The Jupiter Strategic Reserve bought back 1.013M tokens this month, reducing circulating supply. Trading volume surged 109% to $80M. JUP's price is attempting to break past a rising trend channel, with bullish momentum indicated by net volume and Stochastic RSI.

The article compiles weekly crypto updates. Ethereum Foundation says it will stop advancing Poseidon for L1 hashing, targeting SHA/BLAKE instead. It cites Robinhood Chain NFT volume at $3.13M/day, TVL $473M, and Hyperliquid HLP TVL $188.7M. It also covers ENS DAO governance, Jupiter Lend v2 on Solana, and other protocol and security items.

Jupiter launched Jupiter Lend v2 on Solana, adding Smart Vaults that let eligible lending collateral or debt also provide liquidity to Jupiter’s AMM to earn trading fees alongside lending returns. Jupiter says the structure is “Dual Stream Liquidity.” The Smart Collateral and Smart Debt tech comes from Fluid under a 50/50 revenue-sharing deal. Jupiter Lend v2 is now live.

Crypto prices were mixed as oil rebounded above $90 after Iran missile attacks and the Fed stayed on hold but three officials voted for hikes. Bitcoin traded around $63,915 to $64,213, with about $286 million liquidated in 24 hours, per CoinGlass. UNI, INJ, and ZEC rose while some altcoins showed bearish derivatives.