At the ‘Catstanbul 2025’ event, Solana DEX aggregator Jupiter (JUP) made significant announcements. The event, named after its Turkish location and founder ‘Meow,’ highlighted Jupiter’s recent $600 million community airdrop called ‘Jupuary.’
Jupiter introduced a ‘V2’ redesign of its platform, which is now in beta. New features include a real-time slippage estimator, an ultra mode, and smart trigger orders. Meow stated that these features will be rolled out in the coming weeks. The Ultra Mode is designed to be “10x cheaper, 10x better” than competitors, offering enhanced transaction efficiency and a security tool named “Jupiter Shield” to protect user assets.
Additionally, Jupiter launched ‘Jupnet,’ an omnichain network aimed at aggregating all of the crypto into a single decentralized ledger. Currently in early testnet, the public beta is expected in a few months. Jupnet will feature independent validators to create a unified source of truth across multiple blockchains, allowing transactions across different chains.
Jupiter also made strides in the AI and memecoin sectors. It acquired a majority stake in the memecoin platform Moonshot, a competitor to Pump.fun, which gained popularity after the launch of Donald Trump and Melania’s memecoins. Meow praised the Moonshot team for their intelligence and drive.
In the AI space, Jupiter announced a $10 million ‘Magic Fund’ to support open-source AI development in collaboration with Eliza Labs, the team behind the ai16z project. Eliza Labs founder Shaw Walters mentioned plans for a ‘v2’ of the ElizaOS platform, with a Research Preview in March and a public launch in April.
Lastly, AI agent platform Virtuals, which initially launched on Coinbase’s Base Ethereum Layer 2, announced its expansion to Solana, along with initiatives to support developers across both Solana and Base.
