Review of Jupiter in 2025

In fact, a clear and coherent evolution path can be identified:

The high volatility phase at the beginning of the year subjected Solana’s trading and execution infrastructure to extreme stress tests. Jupiter maintained stable execution under high-frequency, high-concurrency retail trading environments, effectively establishing its position as the default trading gateway and execution layer on Solana. This stage validated not functional completeness but system-level reliability.

Subsequently, during market corrections and cooling sentiment, Jupiter did not slow down product development but continued to invest in underlying capabilities: routing efficiency, user experience, capital efficiency, and risk control were repeatedly optimized, paving the way for more complex financial products.

In the second half of the year, the strategic focus gradually shifted from trading tools to a full-stack DeFi platform. The launch of Lend, Ultra V3 engine, professional Terminal, Verified information layer, Developer Platform, and the formation of Mobile ecosystem demonstrated that Jupiter was systematically integrating trading, lending, stablecoins, verification, and incentive modules.

Looking at the annual results, Jupiter in 2025 is not driven by narrative growth but by continuous delivery and structural refinement, laying the foundation for next-stage scaling and institutional adoption. If you only look at the price, it’s easy to miss the point. Jupiter in 2025 is preparing for the scaling in 2026!

@JupiterExchange @JUP_Chinese