JUP rises $0.50 with the launch of JupUSD stablecoin; explore the forecasts.

Key Takeaways

• JUP, the native token of Jupiter DEX, has seen a slight increase of less than 1% over the past 24 hours but could experience a short-term rise.
• Jupiter is developing its own stablecoin, JupUSD, in partnership with Ethana Labs.

Jupiter Set to Launch JupUSD Stablecoin

The decentralized exchange Jupiter, based on the Solana blockchain, announced on Wednesday that it plans to launch its own stablecoin, JupUSD, by the end of the year. The team revealed that the stablecoin will be native to Solana and will be closely integrated into Jupiter’s ecosystem, including its perpetual platform, lending markets, and trading interfaces.

BREAKING: Jupiter is launching its own stablecoin 🥳

Built in partnership with @ethena_labs, designed to connect to the Jupiverse. $JupUSD set to launch in Q4.

— Jupiter (🐱, 🐐) (@JupiterExchange) October 8, 2025

Jupiter is developing the stablecoin in collaboration with Ethana Labs. Furthermore, JupUSD will be fully backed by Ethana Labs’ USDtb, a stablecoin secured by treasury funds, including BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL).

JUP Aims for $0.50 Despite Bearish Pressure

The JUP/USD 4-hour chart currently reflects a bearish trend, as Jupiter has lost 7% of its value over the past week. The announcement of the JupUSD stablecoin could potentially drive the JUP price up in the near term.

With a Relative Strength Index (RSI) of 43, which is below the neutral 50 mark, sellers are currently in control of the JUP/US pair. Additionally, the MACD lines are in negative territory, indicating a bearish trend.

At the time of publication, JUP is trading at $0.4367. Should the token recover from its decline, it could rise to resistance levels around $0.477. A sustained rally could allow it to surpass the $0.50 mark for the first time since September 22.

However, failing to capitalize on the positive news from the ecosystem might see JUP falling to support levels at $0.41. This level is expected to hold in the short term, with bullish traders looking to benefit from a broader market recovery in cryptocurrencies.