NiftyNoon: Jupiter Leads the Solana Revolution - Jupnet, $JUP Buybacks, & Moonshot Acquisition! 🌐📈

Jupiter has announced the launch of Jupnet network, a 3 billion $JUP burn, $JUP buybacks protocol fees, and the purchase of Moonshot (January 27, 2025)

Highlighted News:

• Jupiter announces the omnichain Jupnet network leveraging a decentralized oracle system to aggregate all of crypto into a single decentralized ledger:

  

  https://x.com/weremeow/status/1883156847693291535?s=61

• Jupiter Exchange announced the burning of 3 billion JUP tokens, with 50% of the protocol’s future fees going toward $JUP buybacks:

  

  https://x.com/JupiterExchange/status/1883490117463265318

• Abstract announces mainnet will launch on Monday, January 27th with most expecting the token generation event to take place in the future :

  

  https://x.com/AbstractChain/status/1882980456146387184

• Crypto influencers claim Eric Trump has alluded to a potential 0% capital gains tax for “US crypto” and a 30% capital gains tax for “non-US crypto”:

  

  https://x.com/dom_kwok/status/1883119945493737774

Project and Community News:

• TLDR of the Inner Igloo pre-Abstract: https://x.com/lokithebird/status/1883626532222259678

• @a16z set to pull back from U.K. crypto investing: https://x.com/DegenerateNews/status/1882810664844177619

• Bitwise CEO notes he’s seeing significant crypto interest from $10B+ wealth management firms: https://x.com/HHorsley/status/1882965941300109429

• Elon Musk has initiated talks about using blockchain in his US government efficiency effort with the Department of Government Efficiency, per Bloomberg: https://x.com/unusual_whales/status/1883188860966027767?s=46

• @brian_armstrong claims Coinbase should rethink their listing process: https://x.com/brian_armstrong/status/1883329603239899346?s=46

• socialfi on Solana is the new meta, with @tribedotrun positioned to lead this meta: https://x.com/thebillzh/status/1882731173006516419?s=46

• @JupiterExchange has acquired the majority stake in @moonshot: https://x.com/jup_dao/status/1883068829527646706

• Announcing the @JupiterExchange x @ElizaOS_ai MAGIC FUND: https://x.com/shawmakesmagic/status/1883124194013319340?s=46

• here's a quick recap of @JupiterExchange’s Catstanbul weekend so far: https://x.com/kashdhanda/status/1883117301303480445

• Wasabi is Based: https://x.com/wasabi_protocol/status/1882882686936842290

• @SamSpratt presents hub for Masquerade with NGS: https://x.com/samspratt/status/1883180536937783454?s=46

• @Mintify will no longer be developing on @blast: https://x.com/evanvar/status/1882798657604604359?s=46

• Streamers can stream anything they want and earn XP on Abstract: https://x.com/LucaNetz/status/1883243805907812471

• Agents can now sell products in @Shopify store: https://x.com/griffaindotcom/status/1883230795764322328

• Introducing SILK - An Art House in the Digital Age: https://x.com/silkarthouse/status/1882102508224717219?s=46

• A new address with the ENS wizardofsohocannottrade.eth just followed up Wiz's hoodie with one of his own: https://x.com/0xQuit/status/1883292052986933518

• Wonderful supporter of artists, @AlphaTrilogy, has passed sadly away: https://x.com/clickcreateio/status/1883532068346282361

Quick Stats:

• 👾 Blur ETH Daily Volume: 2,217 ETH (▼ 57.64%)

• 🌊 OpenSea ETH Daily Volume: 808 ETH (▼ 1.38%)

• 🟠 BTC: $101,117.45 (▼ 3.60%)

• 🔷 ETH: $3,123.52 (▼ 5.42%)

• 🟣 Solana: $233.01 (▼ 8.16%)

• 🟪 Polygon: $0.41 (▼ 6.30%)

Top NFT Sales:

• Autoglyphs #378: 100.00 ETH

• Autoglyphs #139: 100.00 ETH

• CryptoPunks #8460: 60.00 ETH

NFT Daily Winners:

• 👩🏻 Milady Maker: 5.49 ETH (▲ 12.30%)

• 🍭 Mocaverse: 2.60 ETH (▲ 10.63%)

• 🐱 Quantum Cats: 0.27 BTC (▲ 10.42%)

• 🏴‍☠ Captainz: 1.84 ETH (▲ 3.34%)

• 😡 Mad Lads: 61.98 SOL (▲ 2.96%)

• 🚬 CryptoPunks: 40.00 ETH (▲ 0.08%)

• 🏳‍🌈 Chromie Squiggles: 4.80 ETH (► 0.00%)

NFT Daily Losers:

• 🐵 NodeMonkes: 0.08 BTC (▼ 0.98%)

• 💼 Ordinal Maxi Biz: 0.15 BTC (▼ 5.59%)

• 🦧 Bored Ape Yacht Club: 13.97 ETH (▼ 6.24%)

• 🧦 Bitcoin Puppets: 0.07 BTC (▼ 7.57%)

• 👾 Tensorians: 4.58 SOL (▼ 11.10%)

• 🐧 Pudgy Penguins: 17.80 ETH (▼ 13.09%)

• ⛩ Azuki: 3.99 ETH (▼ 57.33%)

Notes:

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