Over 1 billion JUP tokens have been staked on Jupiter, accounting for approximately 15% of the total supply.

Citi analysts pointed out that AI is causing severe polarization in the software industry. Microsoft is experiencing strong revenue growth driven by its Copilot advantage, while companies like Adobe are facing budget pressures. After Salesforce's acquisition of Braze, attention should be paid to organic growth. In an environment of high financing costs, economies of scale will be the key to survival.