Jupiter Exchange plans to launch Jupiter Mobile, a user-friendly app for integrating into the Solana ecosystem, allowing credit card.
Solana’s Jupiter exchange has announced that it has acquired both SolanaFM and Coinhall during the 2024 Solana Breakpoint conference, which is now taking place. The decentralized exchange (DEX) made another announcement about the upcoming launch of Jupiter Mobile.
Jupiter Exchange Acquires SolanaFM And CoinHall
This mobile application would allow millions of users to easily integrate into the Solana ecosystem. The native Solana data explorer, known as SolanaFM, has already been bought by the decentralized exchange.
The DEX intends to make use of this move to expand its data and infrastructure capabilities, with the ultimate goal of providing its customers with information that is current at all times.
The data provided by DappRadar reveals that Jupiter is one of the most significant decentralized trading platforms on Solana. We anticipate that this move will enhance Jupiter’s market dominance.
Another company that Jupiter has bought is Coinhall, which is a prominent aggregator on the Cosmos Chain. According to the terms of the deal, Coinhall will incorporate its Solana integration into the goods offered by the exchange.
Pro-trading terminals, real-time infrastructure, and cross-chain are some of the areas of competence that the aggregator will contribute to the Solana decentralized exchange (DEX).
Additionally, the decentralized exchange and Coinhall collaborated to develop the Ape’s Pro trading terminal, a platform primarily focused on trading meme coins. The platform will provide traders with real-time streaming of new coins, data, and charts to use in their decisions.
This feature will also provide traders with “superior transaction execution, dynamic Jito fees, and MEV protection.” As part of its efforts to bring millions of users into the Solana ecosystem, the Solana DEX is also planning to introduce the Jupiter Mobile in the near future.
There will be no fees associated with using the site, and customers will be able to purchase SOL using credit cards, Apple Pay, or Google Pay. Furthermore, the decentralized exchange revealed that the platform will incorporate a one-tap switch feature, thereby simplifying cryptocurrency purchases.
Other Notable Announcements At Solana Breakpoint
At the same time, the decentralized exchange made an announcement regarding the debut of the Metropolis API platform at the Solana Breakpoint. This platform will significantly simplify the process of building on the DEX.
This release introduces the Swap, Price, and Token API, accessible to anyone with Metropolis installed. Furthermore, the DEX stated that the goal is to allow developers to quickly integrate with Solana’s liquidity and build a sustainable business on the platform.
In addition, the Solana DEX has initiated the Jupiter RFQ in order to improve Solana’s liquidity. Implementing this change will ensure that the DeFi platform consistently offers the most competitive prices across all platforms.
In order to facilitate the provision of liquidity on Solana, RFQ provides market makers who make use of centralized exchanges such as Binance with a straightforward channel. We anticipate releasing a beta version of this upgrade the following week.
The DEX noted that they are also adding it to the primary platform routing.The DeFi platform already has a reputation for being the most prominent perpetual DEX on Solana, and it plans to further consolidate its position with the launch of the Perps v2 platform.
The v2 platform incorporates three significant modifications. This product will include limit orders, the Dove Oracle standard, and gasless transactions for Perps trading are all going to be features of this product.
