Jupiter, a liquidity aggregator on the Solana blockchain, announced the launch of the Jupiter Mobile project last night. The project aims to enable users to complete cryptocurrency transactions with just one click on their mobile phones, while also achieving zero fees. Additionally, Jupiter has announced the acquisition of the cryptocurrency wallet, Ultimate Wallet, and plans to launch its own cryptocurrency wallet in the future.
Table of Contents:
May Launch of Test Version
Jupiter Acquires Ultimate Wallet
JUP Surges 30% in the Past Week
Jupiter, a star DeFi project on the Solana blockchain, announced on social platform X last night that its Jupiter Mobile project has officially launched. The project aims to attract millions of users by allowing them to easily trade cryptocurrencies with zero fees on their mobile phones.
May Launch of Test Version
Jupiter officials stated that the test version of Jupiter Mobile will be launched in May, with a focus on user experience.
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Source: Jupiter
Jupiter Acquires Ultimate Wallet
As part of the Jupiter Mobile project, cryptocurrency wallet Ultimate Wallet was also announced on the 22nd of this week. Jupiter has acquired Ultimate Wallet and its mobile development team, and plans to launch its own cryptocurrency wallet in the future.
It is worth noting that the Ultimate Wallet can still be used at present, but starting from May 23rd of this year, it will cease operation and only support users in recovering their mnemonic phrases. However, Ultimate Wallet assures that all users’ cryptocurrency assets are safe and provides methods for exporting the wallet, including:
1. Prepare a new compatible wallet.
2. Select the mnemonic phrase you wish to export.
3. Import the selected mnemonic phrase into the new wallet.
If you are a user, it is recommended to convert your wallet.
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Source: Ultimate Wallet
JUP Surges 30% in the Past Week
Through Jupiter’s liquidity aggregation, users can connect to all decentralized exchanges (DEX) markets and AMM pools in the ecosystem, aiming to provide the best token trading prices. Since its launch in January, Jupiter’s token, JUP, has seen significant growth, reaching a peak of $1.85. Although it has retraced significantly from the highest point at the time of writing, it has shown a strong upward trend in the past week, with a growth of over 30%. At the time of writing, it is trading at $1.18.
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JUP’s trend in the past week. Source: CoinGecko
Further reading:
Jupiter’s Listing Soars 9,900% with a Price Surge to $2! Trading Volume Exceeds $500 Million, Nearly 60% of JUP Airdrops Have Been Claimed
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