# JupUSD

Coin Analysis: Jupiter (JUP)
As the core liquidity aggregator (DEX Aggregator) and DeFi engine in the Solana ecosystem, Jupiter (JUP) has recently undergone a low-level volatility correction during the broader crypto market deleveraging wave. The price is currently consolidating and washing out near $0.21 USD, forming a bottom range.
Cycle Stage: Currently in a bottom consolidation phase after a mid-term retracement, accompanied by a reshaping of the token's deflationary mechanism.
Support and Resistance: Short-term key technical support lies in the $0.18 to $0.20 USD range (where there is str

🇺🇸 BlackRock urges the OCC not to impose a limit on tokenized reserves in the implementation rules of the GENIUS Act.
The company believes that risk is determined by the quality of assets, maturity, and liquidity, not whether they are used on the blockchain.
The restriction could affect the BUIDL fund (~$2.6 billion), which provides over 90% of the reserves #USDtb (Ethena) and #JupUSD (Jupiter).