Jupiter's JUP token has fixed the problem that makes most altcoins uninvestable, by returning real business value to holders. Jupiter Exchange already has a killer business and a team that ships fast, and it has now cut token emissions to zero, ending new mints for airdrop farmers and the team, while testing buybacks and sharing revenue with holders. That is the only way to build sustainable token growth, and the kind of altcoin to look for in the next bull market. x.com 

Jupiter is no longer a fading DEX aggregator but a front end for Solana's fast-growing tokenized stock market. Its Securitize partnership made it the first front end for regulated, institutional-grade tokenized stocks. Tokenized stocks on Solana went from zero to $667m in under a year, RWA value on the network exceeds $2bn, and Solana settles 94% of all-time onchain tokenized equity spot volume. JUP rose 51% this week yet remains 80% below its peak. x.com 

Meteora offers the preferred 6–12 month Solana DEX token risk/reward because its revenue is high relative to its market cap. Its $5.48M in 30-day revenue exceeds Jupiter's and Raydium's despite a $186M market cap. More Solana trading could lift fees; a re-rating requires sustained revenue and better token value capture. This is not an earnings multiple: holder revenue trails Raydium, unlocks could pressure supply, and revenue depends on Solana activity. Jupiter remains the safer ecosystem play. … Show more

Solana's apps are moving before SOL, and Jupiter, Orca, Pump.fun and Raydium gain more if a real Solana season arrives. Jupiter, Solana's default swap router, did $18.3B of aggregator volume in 30 days, up 238%; Orca's volume rose 20%; Raydium, the default listing venue, did $4.3B; Pump.fun earned $26.4M in fees in a boring market. Pump.fun trades at $537M against a $316M annualized fee run rate and Orca at $70M against $41M; a re-rate to 10x fees puts Orca at $6.75 and Jupiter near $0.59. x.com 

Pump.fun's PUMP token still earns about $1.6 million of revenue a day despite talk that it is dead, and that revenue should rise as on-chain activity heats up. Its daily chart shows great market structure forming, and it is back in a buy zone. The biggest issue is the lack of long-term clarity on buybacks, so it deserves a smaller premium; committing to a fixed minimum share, such as 50%, instead of year-to-year changes would make it easier to trust. x.com  x.com 

PURR stands to benefit as Hyperliquid keeps growing at an astronomical pace. Hyperliquid's revenue reportedly doubled over the last 30 days to $863.64 million. x.com