Jupiter takes Solana’s lending crown and overtakes Kamino as JUP jumps 15%

Jupiter [JUP] is up more than 15% in the past 24 hours, taking weekly gains to double-digits. Over the past month, Jupiter has surged 48%, while its year-to-date (YTD) gains are past 100%. Solana lending market grows on Jupiter, but signals are mixed Jupiter is surging due to the growth in its lending market. As per DefiLlama, Jupiter flipped Kamino Finance [KMNO] to become Solana's largest lending market with $1.214 billion in active loans. This was almost half of all capital borrowed on Solana, and it represented a 14% growth over the past 30 days.

Source: AMBCrypto