The native token for Solana-based Jupiter exchange, JUP, has seen a 20% increase in value in the last 24 hours following the announcement of new features and partnerships at the Catstanbul conference. Jupiter plans to roll out new features such as Ultra Mode and Organic Scoring on its web and mobile platforms in the coming weeks to enhance user experience. Jupiter also acquired on-chain portfolio tracker Sonar Watch and proposed borrowing USDC with JLP deposits as collateral. The team aims to make JUP the GOAT (Greatest of All Time) of tokens and will spend 50% of fees on buying back JUP tokens, as well as burning 3 billion tokens to reduce the total supply.



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