- Jupiter worth traded between $0.19 and $0.21, up 8% previously 24 hours.
- TVL elevated to $2.94 billion and Jupiter launched Metis V8 to cut back fill drift.
- Technical situations embrace the every day RSI rising at 52.
Jupiter (JUP) is up over 8% previously 24 hours and the value respects the assist of the uptrend line.
The JUP token’s surge in worth coincided with the protocol’s Whole Worth Locked (TVL) rising to $2.94 billion throughout the launch of Metis V8, a routing engine replace with lifetime quantity of over $2 trillion.
Because the DEX aggregator’s native token rises, the important thing query is whether or not the technical situations will give the bulls a bonus.
Jupiter worth soars as TVL jumps to $2.94 billion
JUP was buying and selling inside a variety of $0.19 to $0.21 throughout the day, with the value rising over 8% and every day quantity growing by about 37% to over $26 million. Jupiter’s market capitalization has expanded to $700 million.
In the remainder of the world, the protocol’s TVL elevated to $2.94 billion, a notable enhance from $2.3 billion on Might 1, 2026.
This vital enhance displays new capital inflows and elevated utilization.
In cryptocurrencies, whole worth locked serves as a key metric to measure property dedicated to a protocol, indicating liquidity depth, person belief, and the ecosystem’s means to assist large-scale trades with out extreme slippage.
The important thing tokens contributing to Jupiter’s TVL are SOL, USDE, USDG, and WBTC, highlighting each native Solana liquidity and bridge/pegged property that underpin cross-asset routing actions.
Jupiter goals for additional DeFi traction with Metis V8
As Solana’s main DEX aggregator, Jupiter has maintained excellence by optimizing routing and lowering execution effort for merchants.
The challenge witnessed unfavourable sentiment that cooled curiosity in early Might, coinciding with widespread market turmoil.
Nevertheless, the protocol is attracting new flows and will strengthen its bullish picture via product enhancements.
On Wednesday, Jupiter introduced the launch of Metis V8, the most recent model of its DeFi routing engine designed to boost execution high quality.
Metis V8 focuses on mitigating quote execution drift utilizing slippage penalties and implements just-in-time (JIT) on-chain finalization to enhance execution certainty.
Metis V8: Resolving QE Drift
Metis is the highest router in DeFi with over $20 trillion in lifetime quantity and has at all times targeted on the hardest issues in routing. And lately, it is necessary not solely to seek out the very best quote, but additionally to see which land is as near that worth as attainable. pic.twitter.com/sTYi867DUx
— Jupiter (@JupiterExchange) Might 20, 2026
This replace additionally targets sub-2 slot latency and introduces a quick quotation mode.
Jupiter mentioned the replace is aimed toward minimizing unfavorable worth fluctuations between quotes and fills.
These technological enhancements strengthen Jupiter’s worth proposition for high-frequency routing and large-scale order circulate, which might result in sustainable TVL and payment era.
JUP worth prediction
The JUP token has rebounded strongly from the $0.19 area because it makes an attempt to increase its restoration after a speedy reversal from a excessive close to $0.27 to $0.18 between Might 10 and Might 17, 2026.
This rally means patrons might take into account testing the important thing provide zone as soon as once more, which corresponds to native highs recorded in late December 2025 and once more in Might of this yr.
On the technical facet, momentum indicators are exhibiting blended indicators.
The every day RSI is rising at round 52, suggesting gentle bullish momentum and room for additional upside.
Nevertheless, the Supertrend indicator is presently issuing a promote sign, reflecting potential draw back threat after the sharp rally from the April low of $0.15.
Brief-term resistance ranges to look at are $0.23 and $0.27 till the value strikes decisively larger.
The extra necessary obstacles shall be $0.30 and $0.45. Conversely, key assist ranges might be $0.17 and the $0.14-$0.13 space.