Jupiter's Universal Deposit Puts JUP Back in Focus as Price Targets $0.30
Jupiter's Universal Deposit has put the token in focus as it attempts to rebuild momentum. The feature, which allows users to move assets from Ethereum, Base, Arbitrum and Sui into native USDC on Solana with a flat $0.30 fee, is seen as a key catalyst for JUP's price. After launching the Universal Deposit, JUP jumped around 8% within a day, strengthening its position in the Solana ecosystem.
The token has recently traded around $0.25, and a recovery to $0.30 would require roughly another 20% move from current levels. This puts $0.30 within the wider recovery range rather than requiring a return to historical highs. Jupiter's Universal Deposit gives JUP a fundamental catalyst to accompany this setup, particularly if the feature succeeds in bringing more cross-chain volume into Solana.
DigiTap is another token that has been gaining attention, with over $11.72 million raised in its presale and Round 4 being over 85% sold. The token remains at $0.0589 before its next increase to $0.0594, and the listing price of $0.14 is still ahead.