Jupiter Price Forecast: JUP eyes 0.82 USD as Fluid backs Jupiter’s upcoming lending protocol

Jupiter is preparing to launch Jupiter Lend on Solana this summer, backed by Fluid, marking an expansion into the lending sector.

The announcement caused JUP’s price to surge 16%. The token is demonstrating a bullish trend with a potential price target of 0.82 USD.

With its total value locked at 2.677 billion USD, Jupiter aims to compete against Kamino Finance, promising innovation and growth in the lending market.