Jupiter Exchange Expands with Acquisitions and New Features

At the 2024 Solana Breakpoint conference, Jupiter Exchange announced its acquisition of SolanaFM and Coinhall, enhancing its data and infrastructure capabilities.

This move aims to bolster real-time information access for users, solidifying Jupiter’s position as a leading decentralized exchange (DEX) on the Solana network.

The acquisition of SolanaFM, a native data explorer, will enable Jupiter to improve its services. Coinhall, known for its aggregating solutions on the Cosmos Chain, will integrate its features into Jupiter’s offerings, bringing expertise in pro-trading terminals and cross-chain capabilities.

Additionally, Jupiter and Coinhall are launching the Ape’s Pro trading terminal, which will focus on meme coin trading and offer real-time data streaming, dynamic fee structures, and protection against miner extractable value (MEV) issues.

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The upcoming Jupiter Mobile will facilitate user onboarding to the Solana ecosystem, allowing transactions with zero fees and support for payment options like Apple Pay, Google Pay, and credit cards. The app will also include a one-tap swap feature for easy crypto purchases.

Further announcements included the Metropolis API platform, designed to simplify development on the DEX by offering accessible tools for integration with Solana’s liquidity. The introduction of the Jupiter RFQ aims to enhance liquidity on the platform by allowing market makers to provide liquidity efficiently.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.