Solana $256-based DEX aggregator Jupiter (JUP ($0.92)) made three significant announcements at its Catstanbul 2025 event in Istanbul that could reshape the industry. The platform revealed its acquisition of a majority stake in the prominent memecoin market player, Moonshot, and announced the testing phase of the Jupnet network, aimed at unifying all blockchains under one roof. Additionally, they disclosed a partnership with Eliza Labs to establish a $10 million fund. The team also introduced the beta phase of their redesigned user experience, “V2.” Founder Meow stated, “We are rebuilding everything. We will push the boundaries of the crypto world with new features.”
New Era for Memecoin Market with Moonshot
One of Jupiter’s most notable moves was its investment in Moonshot, allowing users to create memecoins in minutes. The discussions with Moonshot, which recently launched Donald Trump and Melania’s official memecoins and topped the Apple Store charts,…
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