Solana Foundation Leader Intervenes as Kamino–Jupiter Lending Dispute Intensifies
Lily Liu's Position: Lily Liu, president of the Solana Foundation, emphasizes the importance of healthy competition in Solana's lending market, which is valued at around $5 billion, significantly less than Ethereum's $50 billion.
Feud Between Protocols: A feud has emerged between Kamino Finance and Jupiter Lend, with accusations that Jupiter Lend misled users about its risk practices, leading to concerns about potential contagion in the DeFi space.
Jupiter Lend's Defense: Jupiter Lend's co-founder, Kash Dhanda, acknowledged inaccuracies in their initial claims about risk isolation but maintained that rehypothecation is limited and contained at the asset level.
Criticism from Rivals: Kamino's founder, Marius, and Fluid's founder, Samyak Jain, have publicly criticized Jupiter Lend for misleading users regarding the isolation of their vaults, raising concerns about the overall confidence in the Solana DeFi ecosystem.
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Technical Analysis for JUP
Technical Sentiment Analysis for Jupiter (JUP) As of , Jupiter (JUP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for JUP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, JUP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Jupiter (JUP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0643 | 0.102 | 0.14 | 0.177 | 0.216 | 0.253 | 0.291 |
| Fibonacci | 0.102 | 0.131 | 0.148 | 0.177 | 0.206 | 0.224 | 0.253 |
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