Jupiter shares surge 12.68% after-hours on $35M ParaFi investment and JupUSD settlement.

Jupiter surged 12.68% in after-hours trading following multiple announcements underscoring institutional validation and product expansion. The company secured a $35 million strategic investment from ParaFi Capital, settled entirely in its JupUSD stablecoin, signaling confidence in Solana-based infrastructure and reducing immediate sell pressure via an extended token lockup. The deal, the first external capital raise in Jupiter’s history, coincided with the launch of JupUSD and expanded product offerings including Polymarket prediction market integration and lending protocols. These developments reinforced Jupiter’s position as a leading onchain finance platform, processing over $1 trillion in annual trading volume and attracting institutional partners like Coinbase and ParaFi. The investment and product suite expansion collectively signaled long-term growth potential, driving optimism about liquidity and protocol utility in the Solana ecosystem.