Jupiter DEX on Solana Unveils Ultra v3 Featuring 100x Faster Routing and 34x Enhanced Security

Ultra v3 Launch: Jupiter has launched Ultra v3, a decentralized exchange aggregator on Solana, featuring an advanced trading engine that enhances trade execution, reduces slippage, and allows gasless transactions.

Advanced Features: The upgrade includes a new router called Iris, improved routing algorithms, a Real-Time Slippage Estimator, and gasless support, significantly increasing performance and security while minimizing transaction costs and risks associated with MEV practices.

Market Impact: Solana's native token, SOL, is currently trading around $185, showing a 3.6% daily gain, with analysts suggesting that a breakout above $191 could indicate bullish momentum towards $210.

Ecosystem Recovery: Sustained buying activity around current levels is expected to bolster confidence in the broader recovery of Solana's ecosystem.