According to dydxfoundation, the Solana-based decentralized exchange (DEX) Jupiter is pausing all DAO votes until the end of 2025. Jupiter executive Kash Dhanda stated the decision was made due to the current DAO structure not working as intended, citing a "breakdown in trust" and a "perpetual FUD cycle." For traders, a key takeaway is that active staking rewards (ASR) will continue at the rate of 50 million JUP tokens per quarter, which may provide some support for the token. However, no new DAO-funded Work Groups will be formed, thus preventing additional token emissions from that channel. The announcement did not have a major immediate impact on the JUP price, which was trading around $0.40, though the token has fallen 21.8% over the past 30 days amid broader market weakness.

According to @dydxfoundation, Solana-based DEX Jupiter is pausing all DAO votes until the end of 2025, citing a "breakdown in trust" and structural inefficiencies. Jupiter executive Kash Dhanda confirmed that while active staking rewards of 50 million JUP per quarter will continue, no new DAO-funded work groups will be created. This decision follows a 21.8% decline in JUP's value over the past 30 days. In other major developments, Polygon co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, initiating a strategic overhaul focused on the AggLayer cross-chain protocol and retiring the zkEVM network. Additionally, the Ethereum Foundation has updated its treasury policy to cap annual operational expenses at 15% of its holdings, signaling a focus on critical deliverables for 2025-2026. The source also notes that Bitcoin Core's upcoming version 30 will significantly increase the OP_RETURN data limit, and Plume has launched its Genesis mainnet for real-world assets (RWA).

According to Jupiter Exchange’s official website (jup.ag/pro), the launch of Jupiter Pro introduces advanced trading tools, including real-time analytics and cross-chain swap capabilities, targeting both retail and institutional crypto traders. The platform, built on Solana, aims to enhance trading efficiency for JUP and SOL holders, with features like deep liquidity and minimal transaction fees. This development is expected to boost trading volumes and liquidity for JUP and SOL, while providing traders with a competitive edge in decentralized finance markets. Source: jup.ag/pro

According to Phantom, the wallet is enhancing user experience by allowing new users to easily create a wallet and purchase SOL, BONK, JUP, USDC, and TRUMP with just a few taps. Additionally, Phantom plans to make it easier to buy a wider range of Solana tokens directly from Token Pages in the near future.

According to @ThinkingUSD, there is a claim of funds moving from individual investors to platforms such as Phonton, Jup, Jito, Jump, Raydium, and pump.fun. This suggests a concentration of capital in these entities, which could indicate potential trading opportunities or risks depending on the market dynamics these platforms create. Investors should monitor any changes in trading volumes or liquidity associated with these platforms for informed trading decisions.

According to Ai 姨, the market downturn was initiated by DeepSeek's impact on the US stock market, which subsequently affected the cryptocurrency market, causing a decline in the overall market, including JUP. The decline interrupted JUP's bullish momentum. Additionally, large investors transferring funds to FalconX may be seeking to secure profits amidst the market downturn.

According to Ai 姨, a significant JUP whale identified as 34bHt...kJVJir purchased 13.3 million JUP tokens at an average price of $0.8541 between January 17 and January 24, amounting to approximately $11.37 million. Despite the price reaching $1.25, the whale did not sell but instead deposited 7.7 million tokens to FalconX at a rate of $1.012 during a dip, potentially securing a profit of $1.215 million.