In its ongoing expansion, Jupiter, a leading decentralized exchange (DEX) aggregator on the Solana blockchain, has acquired a majority stake in Moonshot, a memecoin trading platform renowned for its user-friendly interface and Apple Pay integration.
Moonshot gained significant traction following the launch of the Official Trump (TRUMP) memecoin on January 18, 2025. The platform facilitated nearly $400 million in trading volume during the token’s debut and reached over one million daily active users by January 20.
This acquisition aligns with Jupiter’s strategy to enhance its offerings in the memecoin market and attract a broader user base. By integrating Moonshot’s capabilities, Jupiter aims to provide a seamless trading experience for both seasoned traders and newcomers to the crypto space.
In addition to the Moonshot acquisition, Jupiter has launched portfolio.jup.ag, a comprehensive tool that allows users to monitor all their on-chain assets across multiple wallets (up to 30 simultaneously). This platform provides a detailed breakdown of token holdings, protocol allocations, and JUP token holdings, offering users an all-encompassing view of their investments.
These developments underscore Jupiter’s commitment to enhancing user experience and solidifying its position in the decentralized finance (DeFi) ecosystem.