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$177-based DEX aggregator Jupiter (JUP) made three significant announcements at its Catstanbul 2025 event in Istanbul that could reshape the industry. The platform revealed its acquisition of a majority stake in the prominent memecoin market player, Moonshot, and announced the testing phase of the Jupnet network, aimed at unifying all blockchains under one roof. Additionally, they disclosed a partnership with Eliza Labs to establish a $10 million fund. The team also introduced the beta phase of their redesigned user experience, “V2.” Founder Meow stated, “We are rebuilding everything. We will push the boundaries of the crypto world with new features.”
New Era for Memecoin Market with Moonshot
One of Jupiter’s most notable moves was its investment in Moonshot, allowing users to create memecoins in minutes. The discussions with Moonshot, which recently launched Donald Trump and Melania’s official memecoins and topped the Apple Store charts, had been ongoing for weeks. Meow expressed enthusiasm, saying, “The team’s energy and vision are captivating. Together, we will set new standards in this field.”
Moonshot’s mobile application gained attention for its ability to mint memecoins of political figures during the US election period. While the financial details of the agreement remain undisclosed, Jupiter aims to increase the memecoin volume on Solana with this strategic move.
Jupnet: One Account for All Blockchains
Jupnet was introduced at the event, promising to consolidate different blockchains into a single network. In its testing phase, the project will allow users to manage transactions from Bitcoin (BTC) 
$103,533 to Solana through a single wallet. Meow explained, “Users won’t need to think about which blockchain they are on. Everything will converge in Jupnet.”
The technical infrastructure of Jupnet will operate with the participation of independent validators, aiming to distribute transactions across networks to enhance speed and reduce costs. The first public beta version is expected to be developed within the next two months.
$10 Million Support for Open Source Projects
Jupiter and Eliza Labs are launching a $10 million fund dedicated to supporting open-source technology ventures. The fund will initially focus on AI-driven projects. Eliza Labs Founder Shaw Walters stated, “Our goal is to accelerate ideas that will shape the future. Our support will elevate innovative teams.”
Eliza Labs also announced that it will test a new version of ElizaOS in March. Another notable announcement at the event was Virtuals’ decision to expand to Solana while operating on Coinbase’s Base network. The Virtuals team emphasized their commitment to providing technical and financial resources to developers on both blockchains.
Beta Process of V2
Jupiter’s new interface, termed “V2,” promises a smoother experience with features like real-time transaction prediction and dynamic fee structures. Following the distribution of $600 million in JUP coins to the community in January, this move is expected to enhance user loyalty.
The Catstanbul event, named after Istanbul’s street cats and Meow’s alias, concluded with Meow stating, “The cryptocurrency world is rapidly evolving. We are working to be at the center of this change.” Observers believe that all of Jupiter’s moves will further strengthen the Solana ecosystem in the upcoming period.
