JUP Price Soars: Breaking Resistance, Eyes $0.7010 Target

Jupiter (JUP) is experiencing a significant price surge, rising 11% after surpassing key resistance at $0.5800. Analysts attribute this rally to the launch of Jupiter Lend, a new lending protocol with a 90% LTV ratio and low fees. This move has fueled momentum and propelled JUP prices to $0.6209 – a 17.11% increase in just the past 24 hours. 24-hour trading volume has surged to $103.94 million, indicating strong buying interest.