A new catalyst is fueling the Solana price prediction, giving targets of above $300 in the short term. 

Jupiter, a decentralized trading platform and a major component of the Solana network, has announced plans to launch its stablecoin, JupUSD, in partnership with Ethena Labs.

Solana’s DEX market is dominated by Jupiter, which has handled nearly $20.857 billion in trades over the past month and generated approximately $21.62 million in revenue in the last 30 days.

However, while BTC and ETH have hit new all-time highs, SOL still lacks momentum and struggles to break past the $240 resistance level.

Meanwhile, on-chain data suggest that investors are shifting their focus to new infrastructure projects, like Bitcoin Hyper (HYPER). This protocol aims to utilize $2.5 trillion of dormant capital in Bitcoin into a blockchain-based financial infrastructure. Bitcoin Hyper stands out with strong momentum and a presale raise of a massive $22.7 million.

Jupiter and Ethena Join Hands To Launch Stablecoin on Solana

Solana’s leading DEX aggregator, Jupiter, and Ethena Labs, a stablecoin creator, have joined hands to launch a stablecoin called JupUSD on the Solana network. 

In a Twitter (now X) post, Jupiter announced the news with an anticipated launch in the last quarter of 2025. Jupiter plans to gradually convert about $750 million worth of USDC from its Liquidity Provider Pool into JupUSD.

BREAKING: Jupiter is launching its own stablecoin ?

Built in partnership with @ethena_labs, engineered to connect the Jupiverse.$JupUSD, going live in Q4. pic.twitter.com/MWTNTwpvHJ

— Jupiter (?, ?) (@JupiterExchange) October 8, 2025

This is also a step for Ethena’s growth on Solana and could help unlock Solana’s fast-growing stablecoin market, which currently holds only about 9.27% of Ethereum’s circulating stablecoin supply.

The stablecoin market has already reached a valuation of over $300 billion with clear regulations through the GENIUS Act and growing adoption of digital assets. Solana’s strong foothold in the sectors will help its ecosystem growth in the future. 

Solana Price Prediction: $240 Resistance Crucial For Breakout

While Bitcoin and BNB are leading the market, the Solana price has faced strong supply around the $240 zone. However, CoinMarketCap data indicates the altcoin is still holding above the strong support zone of 50-DMA. Its price has risen by 0.46% and 3.11% on the weekly and monthly charts, respectively. 

Solana price chart. Image Courtesy: TradingView

Looking ahead, analysts are very bullish about the SOL ETF products. REX-Osprey launched the first SEC-approved Solana spot ETF, offering built-in staking rewards. The fund has already earned over $400 million. 

Now, major players are awaiting SEC approval for their own Solana ETFs, with final decisions expected soon.

Prominent crypto investor Lark Devis noted that the Solana price is forming a bullish cup and handle pattern on the monthly chart. He analyzed technical indicators like Fibonacci and MACD and believes a breakout could push the price above $400. Devis emphasized the growing optimism surrounding the upcoming Solana ETF approval, which could catalyze the SOL price. 

Bitcoin Hyper Crosses $22.5 Million In Presale Amid Massive Inflow

While the SOL price could rise in the coming weeks, Savvy investors are turning to the high-potential new crypto, Bitcoin Hyper. It has raised over $22.76 million in just a few weeks of its presale launch, with early investors rushing to accumulate tokens. 

While Solana is continuously expanding its ecosystem, Bitcoin hasn’t evolved much beyond its original design, but that’s what Bitcoin Hyper is working on. This new layer 2 project is designed to provide Bitcoin with the speed and flexibility of Solana. 

Using the advanced Solana Virtual Machine (SVM), it enables near-instant transactions while remaining secured by Bitcoin’s network. In short, Bitcoin Hyper bridges Solana’s performance with Bitcoin’s reliability, pushing Bitcoin’s ecosystem into a new era.

Why Bitcoin Hyper keeps gaining attention:

• $2.5 trillion market opportunity: Turning Bitcoin’s dormant capital into a utility ecosystem.

• Strong momentum: Over 600 million tokens have been sold, indicating strong demand. 

• Massive staking rewards: Presale investors will get 51% APY in staking rewards.

• Affordable Entry: HYPER trades at just $0.013085, providing investors with a low-cost way to enter a real-world crypto project.

While traders argue over every Solana price prediction move, Bitcoin Hyper is revolutionizing Bitcoin infrastructure. The token now trades at $0.1130; however, “the opportunity window is brief, with the price set to rise in under 8 hours.