Browsing:Jupiter

Solana blockchain activity spikes after Jupiter (JUP) airdrop
4 weeks ago 1 min read

Solana blockchain activity spikes after Jupiter (JUP) airdrop

The Jupiter airdrop resulted in a significant increase in activity on the Solana blockchain. After the airdrop went live, transaction volume nearly doubled, rising from around 1,900 to over 3,000 transactions per second. This surge indicates that the crypto community is very interested in and engaged with the airdrop. However, increased transaction activity has resulted in a longer processing time on the Solana blockchain. The time it took to process a transaction tripled, from about 20,000 milliseconds to more than 60,000. This suggests that the blockchain is under increased demand and pressure due to the influx of transactions. Jupiter, a

Jupiter DEX on Solana hits $480 million in trades, beating Uniswap
1 month ago 1 min read

Jupiter DEX on Solana hits $480 million in trades, beating Uniswap

Jupiter, a decentralized exchange (DEX) operating on the Solana blockchain, has made waves by achieving an impressive $480 million in trading volume within 24 hours. Notably, the surge in activity propelled Jupiter ahead of Ethereum’s Uniswap, surpassing its trading volume by $10 million, according to data reports. A significant catalyst for this surge was the introduction of “Wen,” a new memecoin distributed via an airdrop on the Jupiter platform. The airdrop was aimed at Solana users who had interacted with Jupiter DEX within the previous six months, as well as owners of Solana Saga phones. Wen’s creation serves as an