Solana Breakpoint: Jupiter Exchange Announces Major Acquisitions

Highlights

Solana's Jupiter Exchange has acquired SolanaFM and Coinhall.
The decentralized exchange plans to launch Jupiter Mobile to help onboard millions of users into the Solana ecosystem.
Jupiter also announced major updates to its platform to help boost users' trading experience.

Solana’s Jupiter exchange has announced the acquisition of SolanaFM and Coinhall at the ongoing 2024 Solana Breakpoint conference. The decentralized exchange (DEX) also announced the imminent launch of its Jupiter Mobile, which will help easily onboard millions of users into the Solana ecosystem.

Jupiter Exchange Acquires SolanaFM And CoinHall

The decentralized exchange has acquired the native Solana data explorer, SolanaFM. The DEX aims to use this move to increase its data and infrastructure capabilities, providing its users with real-time information. DappRadar data shows Jupiter is one of the largest decentralized trading platforms on Solana, and this move is expected to help increase its market dominance.

Jupiter Exchange has also acquired Coinhall, a leading aggregator on the Cosmos Chain. Coinhall will integrate its Solana integration into the exchange’s products as part of the acquisition. The aggregator will bring its expertise in “pro-trading terminals, real-time infrastructure, and cross-chain” to the Solana DEX.

Furthermore, the decentralized exchange and Coinhall have collaborated to launch the Ape’s Pro trading terminal, focusing on meme coin trading. The platform will feature real-time streaming of new tokens, data, and charts for traders. Traders will also enjoy “superior transaction execution through dynamic Jito fees and MEV protection.”

The Solana DEX also plans to launch the Jupiter Mobile soon to onboard millions of users into the Solana ecosystem. The platform will boast zero fees, and users can buy SOL using Apple Pay, Google Pay, or credit cards. The decentralized exchange further revealed that the platform will boast a one-tap swap feature, ensuring it is straightforward to buy crypto.

Jupiter Mobile will likely be integrated into Solana’s new mobile device. The mobile device, Solana Seeker, scheduled for release in 2025, will boast AI features, allowing users to create tokenized AI agents that can interact on-chain.

Other Notable Announcements At Solana Breakpoint

Jupiter Exchange also announced the launch of the Metropolis API platform at the Solana Breakpoint to make building on the DEX much easier. The update includes the Swap, Price, and Token API, which anyone can access via Metropolis. The DEX added that the goal is to allow developers to easily integrate with Solana’s liquidity and build a sustainable business on the platform.

The Solana DEX has also launched the Jupiter RFQ to help improve Solana’s liquidity. This move will ensure that the DeFi platform continues to provide the best prices across all platforms.

RFQ delivers an avenue for market makers who use centralized exchanges like Binance to provide liquidity on Solana easily. This update is expected to go live with a beta version next week. The DEX revealed that they are also working on integrating it into the main platform’s Routing.

Jupiter Exchange already has a reputation as one of the top DEXs for perpetual trading and is set to solidify its position with its perps v2 platform. The v2 platform features three significant updates. It will boast a limit order, Dove Oracle standard, and gasless transactions for Perps trading.

These updates undoubtedly provide a bullish outlook for the Solana ecosystem. Another bullish update for Solana is the ZK Compression upgrade, which is now live on the mainnet.

Meanwhile, Jupiter’s native token, JUP, has reacted positively to the announcements from the DEX. JUP’s price is trading around $0.86, up over 10% in the last 24 hours.

Recommended
Price Analysis

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several niches. His speed and alacrity in covering breaking updates are second to none. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.