Jupiter JUP Surges 12% as Buybacks Top 1M Tokens
Jupiter (JUP)
Editor:
Eugene Serbin
According to cvj.ai, Jupiter (JUP) has surged over 12% in the last 24 hours, driven by strong buyback activity and growing Solana ecosystem momentum. The Jupiter Strategic Reserve added 143,572 JUP tokens in the past day, bringing the monthly total to 1.013 million. This accumulation reduces circulating supply, with the Litterbox Trust now holding 165.637 million JUP.
Daily trading volume surged 109% to over $80 million, indicating strong market participation. The rally coincides with Solana founder Anatoly Yakovenko criticizing Robinhood for collecting fees on both the frontend and backend. Yakovenko noted that Robinhood’s 10% share of Arbitrum One (ARB) was over four times larger than fees on Solana.
This support for Solana’s low-fee model has boosted network activity and helped tokens like Raydium (RAY) post double-digit gains. Jupiter controlled 10% of the DEX aggregator market over the past 90 days, ranking third overall. The token generated $487.2K in fees during this period, significantly less than Cow Protocol’s $3.1 million.
Technically, JUP is testing a rising trend channel established on August 21st, with resistance near $0.25. Positive net volume suggests buyers are currently in control of the market dynamics.
How the market reacted
Whalio's own Binance spot order flow for JUP, measured when this story was written up on 6 September 2026. Not the outlet's figures.
JUP is trading at $0.2201 with a 1-hour buy ratio of 68.5%, indicating strong immediate buying pressure compared to the 24-hour average of 54.0%. The 4-hour buy ratio stands at 51.1%, showing a slight moderation in intensity over a slightly longer timeframe. Volume deltas are positive across all timeframes, with the 1-hour delta at +$93,829 and the 24-hour delta at +$297,240. This positive delta means that the volume of buys exceeded the volume of sells during these periods. The cumulative volume delta (CVD) for the 24-hour close is +$817,102, confirming that net buying has outweighed selling over the day. Spot volume reached $3,751,256 with 30,230 trades, reflecting active participation in the current price action.
The latest daily buy ratio of 47.7% sits at the 39th percentile of the last 322 days, against a median of 48.7% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for JUP, averaged over the days leading up to the story.
Over the preceding week, JUP saw a 7-day average buy ratio of 48.8%, making today’s 24-hour reading of 54.0% an increase of 5.1 percentage points. The current 24-hour volume is 1.10 times the weekly average, indicating slightly higher activity than usual. However, the 8-day volume delta total was -$84,061, contrasting with the positive daily deltas seen today. Price change over the 8-day period was only +0.2%, suggesting that despite today’s surge, the broader weekly trend has been relatively flat. Only 2 of the 7 days in the preceding week saw net buying, highlighting that today’s sustained buying pressure is an unusual deviation from the recent norm.