Jupiter (JUP) price forecast as TVL rises to $2.94B and Metis V8 launch

  • Jupiter price traded between $0.19 and $0.21, up 8% in the past 24 hours.
  • TVL rose to $2.94 billion, and Jupiter launched Metis V8 to reduce execution drift.
  • The technical picture included a daily RSI at 52 and an upsloping.

Jupiter (JUP) rose more than 8% in the past 24 hours, with prices respecting a rising trendline support.

The jump in the JUP token’s value has coincided with the protocol’s total value locked (TVL) climbing to $2.94 billion amid the launch of Metis V8, an update to a routing engine with over $2 trillion in lifetime volume.

As the DEX aggregator’s native token rises, the key question is whether the technical picture gives the bulls an edge.

Jupiter price surges as TVL jumps to $2.94 billion

JUP was trading within an intraday range between $0.19 and $0.21, with prices up more than 8% and daily volume up roughly 37% to over $26 million. The Jupiter market capitalization expanded to $700 million.

Elsewhere, the protocol’s TVL increased to $2.94 billion, marking a notable jump from $2.30 billion on May 1, 2026.

The significant rise reflects renewed capital inflows and increasing usage.

In crypto, total value locked acts as an important metric that measures assets committed to a protocol, indicating liquidity depth, user trust, and the ecosystem’s capacity to support large trades without severe slippage.

Leading tokens contributing to Jupiter’s TVL are SOL, USDE, USDG, and WBTC, highlighting both native Solana liquidity and bridged/pegged assets that underpin cross-asset routing activity.

Jupiter eyes further DeFi traction with Metis V8

As a leading DEX aggregator on Solana, Jupiter has maintained prominence by optimizing routing and reducing execution friction for traders.

The project witnessed negative sentiment that cooled interest earlier in May, aligning with broader market turmoil.

However, the protocol has attracted fresh flows and could reinforce a bullish picture via its product enhancements.

On Wednesday, Jupiter announced the launch of Metis V8, the latest iteration of its DeFi routing engine designed to tighten execution quality.

Metis V8 focuses on reducing Quotation Execution drift using slippage penalties and implements just-in-time (JIT) on-chain finalization to improve execution certainty.

The update also targets sub-2 slot latency and introduces a rapid quotation mode.

Jupiter says the update aims at minimizing adverse price movement between quote and execution.

These technical improvements should strengthen Jupiter’s value proposition for high-frequency routing and larger order flows, potentially translating to sustained TVL and fee generation.

JUP price forecast

The JUP token has bounced strongly from the $0.19 area as bulls attempt to extend a recovery that followed a swift reversal from highs near $0.27 down to $0.18 between May 10 and May 17, 2026.

Gains mean buyers could look to test a key supply zone once more, with this corresponding to local highs recorded in late December 2025 and again this May.

Jupiter Price Chart
Jupiter price chart by TradingView

On the technical front, momentum indicators show mixed signals.

The daily RSI sits around 52 and is upsloping, suggesting mild bullish momentum and room for further gains.

However, the Supertrend indicator currently issues a sell signal, reflecting potential downside risk following the surge from lows of $0.15 in April.

Until price decisively breaks higher, the near-term resistance levels to monitor would be $0.23 and $0.27.

A more significant barrier would be at $0.30 and $0.45. On the flipside, key support levels could be at $0.17 and the $0.14-$0.13 area.

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Bitcoin stays around $77K after 200-day moving average rejection

Key takeaways

  • BTC remains around the $77k level after rejecting the 200-day moving average.
  • The bearish performance comes as rising inflation and Treasury yields weigh on risk sentiment.

Bitcoin slipped below $77,000 earlier on Wednesday after failing to break above the 200-day moving average near $82,000, as rising inflation and tighter macroeconomic conditions weighed heavily on risk assets.

The decline comes after hotter-than-expected U.S. inflation data showed Consumer Price Index (CPI) growth accelerating to 3.8% year-over-year. At the same time, rising oil prices and a surge in the 10-year Treasury yield have reduced expectations for Federal Reserve rate cuts, with markets increasingly pricing in the possibility of a rate hike by December.

Bears continue to dominate the market

According to a report from K33 Research, Bitcoin’s rejection at the 200-day moving average mirrors patterns seen during previous market cycles in 2014, 2018, and 2022, when rapid rebounds were followed by sharp deleveraging-driven sell-offs.

K33 noted that those historical recoveries rebuilt trader confidence and leverage quickly, leaving markets vulnerable to aggressive corrections once momentum faded.

“A core ingredient in the ensuing legs lower was the unwind of positions built up during the rally itself,” the report stated.

However, analysts emphasized that the current cycle differs in several important ways. Bitcoin took significantly longer to revisit the 200-day moving average after breaking below it, spending 189 days before retesting the level in May. That compares with 96 days in 2014, 132 days in 2018, and 85 days in 2022.

Derivatives data suggest traders remain cautious rather than excessively bullish. Funding rates have stayed negative for 81 consecutive days, while options market skews are hovering near yearly highs, indicating persistent defensive positioning.

Institutional flows have presented a mixed picture. Global Bitcoin exchange-traded products (ETPs) recorded their largest weekly outflow of the year last week, totaling 24,303 BTC. The figure marked the ninth-largest five-day outflow since the launch of U.S. spot Bitcoin ETFs.

K33 noted that selling pressure intensified as Bitcoin approached the average ETF cost basis, a level that has historically triggered elevated outflows.

Bitcoin technical outlook: BTC consolidates around $77,000

At the time of writing, Bitcoin is hovering near $77200, slightly above the 50-day EMA at $76,743 and the 100-day EMA at $76,867. 

However, the broader trend remains constrained by the 200-day EMA at $81,845, which continues to act as a strong overhead resistance level.

This positioning suggests that while short-term buyers are attempting to stabilize price action, longer-term trend signals have yet to confirm a bullish reversal.

Technical indicators point to declining bullish momentum. The Relative Strength Index (RSI) is drifting toward the mid-40s, indicating weakening buying pressure without yet reaching oversold conditions.

Meanwhile, the Moving Average Convergence Divergence (MACD) remains firmly in negative territory, reinforcing the view that recent upward moves have lost strength following the prior rally attempt.

If the rally resumes, immediate resistance is located at the 50% Fibonacci retracement level of the recent rally around $78,962. A breakout above this zone would be needed to challenge higher levels.

BTC/USD 4H Chart

However, if the selloff continues, initial support is anchored by the 50-day EMA at $76,743. A break below this level could expose Bitcoin to further losses toward the 38.2% Fibonacci retracement at $74,487.

Deeper support lies near the reclaimed trendline around $70,785, with the 23.6% retracement level at $68,950 acting as a final key cushion for the current structure.

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Pi Network tops $0.1500 following mainnet upgrade

Key takeaways

  • PI has reclaimed the $0.1500 level after dropping below this critical area on Tuesday.
  • The positive performance comes following the mainnet upgrade. 

Pi Network has reversed its downward trend on Wednesday, climbing above the $0.1500 level following a major infrastructure upgrade to its mainnet nodes. 

At press time, PI traded around $0.1518, extending recent losses while technical indicators hinted at the possibility of a short-term rebound.

Pi Core team completes major mainnet upgrade

The Pi Core Team announced that major mainnet nodes have successfully upgraded to Stellar protocol version 23, reflecting the project’s reliance on the Stellar blockchain infrastructure.

The update also included several backend improvements, such as migrating the operating system from Ubuntu 20 to Ubuntu 24 and upgrading the database engine from PostgreSQL 12 to PostgreSQL 16.

The latest upgrade is aimed at improving network performance, security, and long-term scalability as the ecosystem continues to evolve.

PI price outlook: Technical indicators suggest a possible recovery

The PI/USD 4-hour chart is still bearish and efficient as PI has underperformed over the past few days.

The bearish performance comes despite the infrastructure progress. The token is currently trading below both the 50-period Exponential Moving Average (EMA) near $0.1605 and the 200-period EMA around $0.1709, maintaining a broader bearish outlook.

However, momentum indicators suggest selling pressure may be weakening. The Relative Strength Index (RSI) has dropped to near 29, signaling oversold conditions while also forming a positive divergence as price approaches Tuesday’s low of $0.1463.

This type of divergence often points to a potential reversal or short-term bounce. If buying momentum increases, PI could attempt to retest a descending trendline resistance near $0.1519.

Meanwhile, the Moving Average Convergence Divergence (MACD) indicator remains flat below the zero line, indicating fading bearish momentum but not yet confirming a bullish recovery.

PI/USD 4H Chart

A successful breakout above the $0.1519 resistance level could open the door for a stronger recovery toward the 50-EMA at $0.1605, followed by the 200-EMA near $0.1709.

On the downside, the recent low at $0.1463 remains a critical support zone. A daily close below that level could invalidate rebound expectations and potentially trigger additional downside pressure for Pi Network.

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Algorand price forecast: is ALGO’s Robinhood rally a bounce or reversal?

  • Algorand (ALGO) jumped 5% after Robinhood listed it for US users.
  • Algorand’s price has stayed between $0.1092 and $0.1173 with no breakout.
  • Weekly trend is still down 6.8% despite the short-term rally.

Algorand has recorded a sharp burst of activity following its addition to Robinhood’s crypto trading platform, including availability for users in New York.

At the time of writing, Algorand’s ALGO coin was trading near $0.1149, showing a 24-hour gain of about 5%.

Robinhood listing triggers short-term momentum

The listing on Robinhood marks a notable distribution shift for Algorand.

The listing on Robinhood gives access to a large base of retail users, and historically, new listings on major retail brokerages tend to attract immediate trading interest.

In this case, the move was preceded by a wave of market commentary highlighting the possibility of Robinhood adding ALGO.

During that period, Algorand recorded intraday gains in the range of 5% to over 7%, depending on the timeframe used across different market trackers.

Once the listing was confirmed, trading activity increased further, with daily volume reaching approximately $58.9 million according to data from Coingecko.

This spike in activity coincided with heightened attention from retail traders reacting to the expanded accessibility of the token.

Price structure still shows resistance to a sustained breakout

Even with the Robinhood-driven rally, Algorand continues to trade well below its long-term highs.

The token remains down roughly 96.8% from its all-time peak of $3.56, recorded in June 2019.

This long-term drawdown highlights how far the asset has moved away from its earlier cycle valuations.

Over the past seven days, ALGO is still down around 6.8%, indicating that the recent move has not fully reversed earlier weakness.

On a monthly basis, however, the token is up approximately 12.1%, showing that the asset has been recovering in bursts rather than maintaining a steady trend.

More recently, price behaviour has been shaped by a narrow trading band.

The 24-hour range between $0.1092 and $0.1173 aligns closely with the observed rally, suggesting that most of the move occurred within established short-term volatility limits rather than breaking out of a broader range structure.

A key technical observation is that while momentum improved after the listing, there has been no sustained push beyond recent resistance levels near the $0.117–$0.122 zone, where price has repeatedly stalled in prior short-term rallies.

Algorand price analysis

This indicates that buyers have not yet gained full control of trend direction.

Market reaction points to a liquidity-driven move rather than a trend shift

The current market setup shows characteristics of a liquidity-driven reaction rather than a structural reversal.

The combination of a confirmed Robinhood listing and rapid price expansion fits a pattern commonly seen when assets gain new retail access.

Trading volume near $59 million in 24 hours reflects increased participation, but the lack of follow-through beyond the immediate price spike suggests that the move is still largely sentiment-driven.

The fact that ALGO has remained negative over the past week reinforces the idea that recent gains are offsetting prior declines rather than establishing a new upward trend.

Outlook: bounce or reversal still unresolved

The expansion of availability on Robinhood, including access for New York users, increases the potential pool of participants.

This type of distribution event typically has two phases: an initial reaction driven by attention and a second phase where sustained demand either develops or fades.

With the token still trading far below historical highs and showing negative weekly performance, the recent move sits within a corrective recovery phase rather than a confirmed breakout structure.

Whether this develops into a trend reversal will depend on whether trading activity continues beyond the initial listing impact or fades back into the prior range.

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NEAR price climbs amid 32% volume spike: what’s the near-term outlook?

  • NEAR price surged to $1.66 amid a notable volume spike.
  • AI tokens bounced sharply, including Injective, Theta Network, and Akash Network.
  • The near-term outlook for NEAR suggests a retest of $2 if momentum holds.

NEAR Protocol (NEAR) has traded higher in the past 24 hours as bulls eye near-term gains.

The uptick for the artificial intelligence-related token aligned with a broader AI tokens surge on Tuesday, with NEAR seeing a notable rise in trading activity.

NEAR price gains amid 32% spike in daily volume

NEAR is trading at $1.62, up about 7% over the past 24 hours and roughly 4% higher on the weekly chart despite Monday’s brief plunge beneath $1.50.

The price appreciation coincides with a 32% surge in daily volume, with intraday action putting the metric at $295 million as of writing.

NEAR Price Chart
NEAR price chart by CoinMarketCap

Notably, that spike in activity has allowed NEAR to outpace many peers as the broader market navigates renewed downside pressure.

Likely, rotation into projects tied to on-chain compute and decentralized application ecosystems is driving the uptick.

The bounce in AI-related tokens provided additional strength to Injective, Theta Network, and Akash, each of which delivered gains of more than 5% in the past 24 hours.

Render also showed signs of eyeing a retest of a critical resistance level.

Crypto AI is trading up ahead of Nvidia’s first-quarter earnings results.

The industry heavyweight will report on May 20, and tokens across crypto are up amid broader anticipation.

Nvidia’s CEO Jensen Huang recently traveled to China with President Trump, with the US president meeting Chinese President Xi Jinping in a key summit.

NEAR price prediction

Technical indicators suggest a short-term bullish bias for NEAR.

On the daily chart, price action is forming what appears to be a cup-and-handle pattern.

This is a consolidation structure that often precedes continuation to the upside if the handle resolves on renewed volume.

NEAR also currently trades above major moving averages, an arrangement that typically favors buyers. But that’s not all.

Momentum metrics bolster the constructive outlook, with the average directional index (ADX) on the daily frame pointing to a strengthening trend.

Elsewhere, the relative strength index (RSI) sits near 64, indicating momentum with room for further appreciation before reaching overbought territory.

The Awesome Oscillator and MACD indicators both show bullish readings that align with a buying opportunity in the near term.

Price targets and risk levels

If bullish conditions persist, NEAR could extend above the $1.70 level.

Near-term upside targets would be in the $2.00 to $2.50 range, should volume maintain its recent lift and the cup-and-handle pattern get validated.

On the flipside, the initial support band lies around $1.50. The region marks a key consolidation zone, below which could be $1.20.

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