- ParaFi invests $35M in Jupiter JUP, settled entirely via JupUSD stablecoin.
- JUP shows bullish momentum with RSI above 60 and MACD crossover active.
- JupUSD circulation nearly doubles following ParaFi’s token purchase on Solana.
Jupiter JUP Investment receives a $35 million injection from ParaFi Capital, settled in JupUSD stablecoin. The transaction strengthens Jupiter’s Solana-based token ecosystem while signaling steady recovery in market momentum.
ParaFi Capital Commits to Jupiter JUP
Jupiter announced on February 2 that ParaFi Capital invested $35 million in its JUP token. The deal will be settled entirely in Jupiter’s JupUSD stablecoin.
ParaFi has agreed to an extended token lockup, although the exact duration was not disclosed. JupUSD, launched in January 2026, currently has a market cap of approximately $38.7 million.
The $35 million transaction nearly doubles its circulating supply, making it a pivotal moment for the stablecoin’s adoption and usage within the Jupiter ecosystem.
ParaFi Capital manages roughly $1.4 billion in assets and has a strong presence in the Solana ecosystem. Its portfolio includes Sol Strategies, Kamino, and Metaplex, showcasing its focus on network infrastructure and decentralized finance platforms.
Market Metrics and JUP Token Analysis
At the time of reporting, Jupiter JUP trades at $0.18 with 24-hour volatility of 1.1% and a market cap of $597.7 million. Solana (SOL) shows $101.8 with 3.6% volatility and a market cap of $57.65 billion, reflecting significant network activity.
The JUP token chart reveals a post-capitulation recovery. After dipping near $0.17, the price rebounded with increasing volume, indicating exhausted sellers and absorbed supply. Momentum indicators confirm the trend shift.
The MACD completed a bullish crossover above zero, with histogram expansion indicating sustained upward pressure. RSI has reset from oversold levels and now trades above 60, signaling continued momentum. Price action confirms controlled accumulation with higher lows and steady pullbacks.
JupUSD Stability and Ecosystem Role
JupUSD is primarily backed by USDtb, a stablecoin collateralized by BlackRock’s BUIDL tokenized treasury fund. Its growing circulation reflects Jupiter’s focus on reliable on-chain transaction mechanisms.
The stablecoin is a critical component in settling large transactions such as ParaFi’s $35 million JUP investment. Partnering with Ethena Labs, Jupiter ensures that JupUSD maintains stability and liquidity for investors.
ParaFi has also invested in Ethena ENA, indicating a broader strategy within the Solana ecosystem. JupUSD’s expanded supply now supports Jupiter’s decentralized exchange aggregator, reinforcing network trust and token utility.