The Solana Kingmaker

$JUP stands out as the best leveraged play on $SOL, acting as the main proxy for beta to its ecosystem.

It is the most used, recognized, and established protocol in Solana, and that’s because it has built a true moat. A combination of market conditions and negative sentiment around a DAO vote over $JUP team allocations has resulted in the $JUP price falling to the lowest price it has ever seen. With upcoming catalysts like Jupiter’s omnichain Jupnet and the Solana ETFs on the way, now is a good time to position at the lows. $JUP’s current depressed price certainly doesn’t represent the broad distribution that Jupiter has been able to build through its intuitive UX and product expansion.   With current annualized fees sitting at over $1.2B, Jupiter’s fee-generating capacity now dwarfs that of Pump.Fun ($547M). What’s more is that Jupiter has a liquid token and a buyback program allocating ~$160M in buy pressure annually toward $JUP.