Jupiter’s Major Announcements at ‘Catstanbul 2025’

Solana DEX aggregator Jupiter made several significant announcements during its ‘Catstanbul 2025’ event, named after its Turkish locale and Jupiter’s pseudonymous founder, ‘Meow.’

Platform Revamp and Airdrop

Recently, Jupiter distributed over $600 million to its community in a ‘Jupuary’ airdrop. At the event, it introduced a ‘V2’ redesign of its platform, announcing that it is once again in beta as new features are integrated. Meow highlighted new functionalities, including a real-time slippage estimator, an ultra mode, smart trigger orders, and much more, stating, “Everything announced here will be rolled out over the next couple of weeks.”

Ultra Mode and Jupnet

The new Ultra Mode is touted to be “10x cheaper, 10x better” than competitors, offering real-time slippage estimation, dynamic priority fees, optimized transaction landing, and a new security feature called “Jupiter Shield” to protect user assets.

Additionally, Jupiter unveiled ‘Jupnet,’ an omnichain network aimed at aggregating all of crypto into a single decentralized ledger for enhanced user experience. Currently in early testnet, the network plans to launch its first public beta soon. The Jupnet proposal includes decentralized validators that establish a unified source of truth across multiple blockchains, enabling transactions across various chains.

Vision for Jupnet

The announcement articulated a transformative vision for Jupnet: “one account can access all chains, all currencies, and all commodities,” referred to as the 1A3C vision.

Engagement in AI and Memecoins

In addition to platform enhancements, Jupiter made substantial moves into the AI and memecoin sectors. It announced the acquisition of a majority stake in the memecoin platform Moonshot, a rival to Pump.fun, which gained traction in the Apple App Store following the launch of Donald Trump and Melania’s memecoins. Meow praised the skilled team behind Moonshot in a post on X.

Moreover, Jupiter initiated a $10 million ‘Magic Fund’ to promote open-source AI development in collaboration with Eliza Labs, the creators of the AI agent project ai16z. Eliza Labs’ founder, Shaw Walters, referred to ambitious tech advancements and revealed future plans for ElizaOS.

Finally, the AI agent platform Virtuals announced its expansion to Solana after initially launching on Coinbase’s Base Ethereum Layer 2. Virtuals detailed forthcoming initiatives to bolster support for developers on either platform.