Jupiter's final Jupuary airdrop is significantly reduced: 700M → 200M Jupiter has cut the final Jupuary airdrop from 700 million to 200 million JUP tokens. An additional 200 million are allocated to stakers, and 300 million are locked in JupNet. Distribution has been pushed to May. This is the last Jupuary airdrop. The message is clear: reduce market selling pressure. Previous airdrops created substantial downward pressure on JUP’s price; this time, 70% of the freely tradable supply has been eliminated. Allocating 200 million to stakers also incentivizes long-term holding rather than immediate selling. JUP rose 3.5% on the day, signaling market approval of this adjustment. However, JUP remains more than 90% below its all-time high, even with an $80 million buyback program in place. The issue isn’t Jupiter’s product quality—it dominates 95% of DEX aggregation volume and offers perps, lending, stablecoins, and prediction markets. The problem is that the entire Solana DeFi sector has seen valuations compressed across the board during the bear market, and Jupiter hasn’t been able to break out. Reducing the airdrop is a positive step, but whether it can reverse the trend depends on broader market conditions. @JupiterExchange @solana @Solana_zh