- Jupiter’s price has traded between $0.19 and $0.21, up 8% in the last 24 hours.
- TVL went up to $2.94 billion, and Jupiter introduced the Metis V8 to reduce the carnage.
- Technical chart includes daily RSI at 52 and rising.
Jupiter (JUP) is up more than 8% in the past 24 hours, with prices honoring rising support.
The jump in the price of the JUP symbol corresponds to the value of the closed value (TVL) rising to $ 2.94 billion amid the introduction of the Metis V8, a modification of the engine that will cost more than $ 2 trillion in its lifetime.
As the DEX aggregator index rises, the important question is whether the technical picture gives the bulls an edge.
Jupiter’s value is rising as TVL rises to $2.94 billion
JUP was trading intraday between $0.19 and $0.21, with prices rising more than 8% and the daily daily increase of about 37% to $26 million. Jupiter’s market cap grew to $700 million.
Elsewhere, the protocol’s TVL rose to $2.94 billion, an impressive jump from $2.30 billion on May 1, 2026.
A significant increase indicates an increase in income and an increase in consumption.
In crypto, the total value of the lock acts as an important metric that evaluates the assets given to the protocol, showing the depth of the investment, the trust of the users, and the ability of the ecosystem to support large enterprises without going too low.
The leading indicators that support Jupiter’s TVL are SOL, USDE, USDG, and WBTC, which show both Solana liquidity and the stock curve/conversion that supports the stock crossover activity.
Jupiter also looks for DeFi traction with the Metis V8
As the leading DEX aggregator on Solana, Jupiter has remained popular for streamlining the process and reducing friction for traders.
The project saw negative sentiment dampen interest in early May, consistent with market volatility.
However, the protocol has attracted new traffic and can promote a dynamic image through its additional features.
On Wednesday, Jupiter announced the launch of Metis V8, the latest version of its DeFi engine designed to be more mature.
Metis V8 focuses on reducing quotas by using slippery penalties and using just-in-time (JIT) execution on supply chains to ensure reliability.
Metis V8: Ending QE Drift
Metis, the leading router in DeFi with over $2T+ in lifetime volume, has been focusing on the most difficult problems in management. And these days, it’s not just about getting the best sound, it’s about making sure that the areas around you are… pic.twitter.com/sTYi867DUx
— Jupiter (@JupiterExchange) May 20, 2026
This update also targets sub-2 slot latency and introduces a faster streaming mode.
Jupiter says the change aims to reduce price movements between the lease and execution.
This technological change should boost Jupiter’s focus on higher throughput and more orders, which could translate into more stable TVL and production fees.
The price of JUP shares
The JUP token has risen sharply from the area of $0.19 as the bulls try to extend the recovery that followed the rapid reversal from the high near $0.27 to $0.18 between May 10 and May 17, 2026.
The gain means that buyers may look to retest the key space, which is in line with the same highs recorded in late December 2025 and this May.
On the technical front, the energy indicators are showing mixed signals.
The daily RSI is around 52 and rising, indicating a bearish trend and room for profit.
However, the Supertrend indicator is currently giving a sell signal, indicating a potential risk after the $0.15 high in April.
Until the price falls further, the levels to watch out for would be $0.23 and $0.27.
A very important barrier may exist $0.30 and $0.45. On the flipside, key support levels may be at $0.17 and $0.14-$0.13 area.
