Hi Cypher. How were the trenches today? 

Today, we’re diving straight into two hot stories that have been making waves: a fresh token listing on Cypher and Jupiter’s big burn move. 

Not just stories for you to keep track of constructive growth across the ecosystem, these stories help you get a lead on what should matter right now. 

$MON Lands on Cypher—Ready to Trade with Risk Tools Locked In

You know how it goes: if it’s popping on Solana, then it’s popping on Cypher. 

Our own @solcypherbot dropped the news that $MON, the token tied to the Monad L1 project, is now live and tradable right in the platform. 

Hit up the dApp at https://dapp.solcypher.ai/details/CrAr4RRJMBVwRsZtT62pEhfA9H5utymC2mVx8e7FreP2 to jump in, complete with custom stops and takes to keep your port safe.

$MON at a Glance

A 5 day old launch, Monad is trading on Raydium and wallets like Phantom. Volatile as hell, but that’s the game.

Here are some current stats as of today. 

– Price (USD): $0.0393 (+57.05% in 24h)

– Market Cap: ~$7.28M

– 24h Volume: ~$1.06B

– Circulating Supply: ~185.17M tokens

– Holders: 4,298

Why It Matters

Listing on Cypher by virtue of being available on the Solana blockchain means easier access with built-in risk tools—no more babysitting charts. 

Jupiter’s “Fresh Start” Phase 2—Burning $33M in $JUP and Slashing Unstakes

Today a quick glance at SolanaFloor was the way we found out about the ICYMI on this one: Jupiter Exchange just wrapped Phase 2 of their “Fresh Start” reset, torching ~135M $JUP (worth $33.8M) from the Litterbox reserve and cutting unstaking cooldowns from 14 to 7 days. 

Reactions have been intense: 

Som called it bold, while others dropped poetic fire inefficient like CATSolana but the most hilarious was NoBanksNearby joking about the Litterbox turning into a trash can. 

$JUP Snapshot

Jupiter’s the king of Solana DEX aggregators (this much is known), and this latest burn shaves ~4.4% off circulating supply. If you followed Catstanbul, you’ll remember that they still hold the record for the largest amount burned in a single transaction so far. 

Phase 1 streamlined the DAO; next up, Jupuary revamps with lower emissions and deeper integrations.

There have been talks about Jupuary, but nothing concrete just yet. 

Here are stats about the token as of now: 

– Price (USD): $0.2448 (+1.19% in 24h)

– Market Cap: ~$755M

– 24h Volume: ~$29.73M

– Circulating Supply: 3.08B tokens

– Total Supply: 6.86B tokens

The Bigger Picture

This isn’t just a burn—it’s Jupiter signaling confidence in Solana’s run, fighting inflation and making holding easier. 

The news about shorter unstable periods? It feels clutch against the calls for flexibility. If you’re staked, this could steady your bags, but watch broader market dips.

Final Thoughts

Solana’s ecosystem is cooking right now: Cypher’s $MON drop shows the sheer speed needed to keep up with the overreaching aspects of the crypto space and Jupiter’s burn locks in scarcity further. 

From one Cypher to another, let’s ride this wave without getting wiped. What’s your take? 

SolCypher.