Jupiter to Japanese Yen

JUP is the governance token of Jupiter, the aggregator that routes the majority of Solana's swap volume — including, full disclosure, many of the swaps on this site. That makes it one of the few large Solana tokens whose underlying "business" is directly observable on-chain: every day's routed volume is public, and the token's relevance rises and falls with it. As of the October 6, 2026 snapshot, JUP carries roughly $1.1 billion of market capitalization across 838,886 holders at mint JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN.

The structural read is clean: mint authority revoked, freeze authority revoked. No one can inflate the supply by fiat and no one can lock a holder's tokens — the two failure modes that account for most of the wreckage this site catalogues. Distribution is genuinely broad; an 800-thousand-wallet base came from one of the largest airdrop programs in Solana's history, which spread ownership widely but also created recurring, scheduled moments of sell pressure as later distribution rounds unlocked. Supply events like that are public calendar items, not hidden risks, but they are worth knowing about before reading any chart move as organic.