Jupiter shares surge 10.63% intraday after securing $35M ParaFi investment settled in JupUSD.

Jupiter surged 10.63% intraday following two major announcements: a $35 million strategic investment in JUP tokens from ParaFi Capital and the integration of Polymarket’s prediction markets. The ParaFi deal, settled entirely in Jupiter’s stablecoin JupUSD, signals institutional confidence in Solana-based infrastructure and reduces immediate sell pressure via an extended token lockup. The Polymarket integration enhances Jupiter’s platform by enabling on-chain prediction trading, broadening its appeal to traders and increasing user retention. Both events align with Jupiter’s expansion into core DeFi infrastructure and on-chain financial tools, supported by Coinbase’s prior integration of its technology. The investment and product launch collectively strengthened Jupiter’s market position, driving optimism about liquidity growth and protocol utility.