- Jupiter price traded between $0.19 and $0.21, rising about 8% in the past 24 hours.
- Total value locked (TVL) climbed to $2.94 billion, and Jupiter launched Metis V8 to reduce execution drift.
- Technical indicators show a daily RSI around 52 and an upsloping trend, with mixed momentum signals.
Jupiter (JUP) moved higher over the last 24 hours, gaining more than 8% while price action respected a rising trendline support. The token’s uptick coincided with a notable increase in the protocol’s total value locked and the rollout of Metis V8, an upgrade aimed at improving routing and execution quality.
Jupiter price surges as TVL rises to $2.94 billion
JUP traded within an intraday range of roughly $0.19 to $0.21, posting gains of over 8% as daily volume increased by about 37% to more than $26 million. Market capitalization expanded to approximately $700 million, reflecting renewed market interest.
Meanwhile, the protocol’s TVL rose to $2.94 billion, up from about $2.30 billion at the start of May 2026. That jump signals fresh capital inflows and growing usage across the platform. In decentralized finance, TVL is a key metric that measures assets committed to a protocol; higher TVL generally indicates deeper liquidity, stronger user trust, and greater capacity to handle large trades without severe slippage.
Leading assets contributing to Jupiter’s TVL include SOL, USDE, USDG and WBTC, illustrating a mix of native Solana liquidity and bridged or pegged assets that support cross-asset routing activity on the aggregator.
Metis V8 aims to strengthen routing and execution
As a primary DEX aggregator on Solana, Jupiter has focused on optimizing order routing and reducing execution friction for traders. After a period of weaker sentiment earlier in May that dampened activity, the protocol has seen incoming flows that may help reshape a more bullish outlook as product upgrades roll out.
Jupiter recently announced Metis V8, the latest iteration of its DeFi routing engine designed to tighten execution quality by addressing Quotation Execution (QE) drift. The update includes slippage penalties and just-in-time (JIT) on-chain finalization to improve the likelihood that executed trades match quoted prices.
Metis V8: Solving The QE Drift
Metis, the top router in DeFi with more than $2T+ in lifetime volume, has always been focused on the hardest problems in routing. And these days, it is not just about finding the best quote, it is about making sure what lands is as close to the…
— Jupiter (@JupiterExchange) May 20, 2026
The update also targets sub-2 slot latency and introduces a rapid quotation mode, both intended to minimize adverse price movement between quote and execution. These technical improvements should enhance Jupiter’s appeal for high-frequency routing and larger order flows, which can support sustained TVL growth and fee generation if adoption continues.
JUP technical outlook and near-term levels
JUP bounced strongly from the $0.19 area as buyers try to extend a recovery that followed a sharp reversal from highs near $0.27 down to about $0.18 in mid-May 2026. If bullish momentum persists, buyers may retest a notable supply zone that corresponds to local highs seen in late December 2025 and again this May.
On indicators, momentum appears mixed. The daily relative strength index (RSI) sits near 52 and is trending upward, which suggests mild bullish momentum and room for further gains. Conversely, the Supertrend indicator is currently signaling a sell, pointing to possible downside risk after the recent rally from April lows around $0.15.
Near-term resistance to monitor lies at $0.23 and $0.27. Larger hurdles are around $0.30 and $0.45, while downside support levels include $0.17 and the $0.14–$0.13 zone. Traders should watch whether price can decisively break higher above immediate resistance or fail and revert toward the support bands, as these moves will help define the next directional phase for JUP.