Solana Decentralized Finance aggregator Jupiter has been continuously building and acquiring in the ecosystem recovery. Gradually, the protocol has become an indispensable presence in the ecosystem. Recently, Jupiter also launched the mobile app Jupiter Mobile, acquired the majority of equity in the Moonshot meme platform, and announced the upcoming ‘all-chain’ network Jupnet, making frequent moves that have sparked market speculation about Jupiter’s plans. This article will review Jupiter’s history and explore what Jupiter is actually strategizing. This article is written by the ‘Dynamic Zone Community Alpha Digging Series’. (Previous context: Overview of Solana DEX competitive landscape: Raydium, Jupiter, Orca, and Meteora, who has more potential?) (Background: KOL revealed that Jupiter is ‘playing people for suckers’ with a joint liquidity pool, the founder urgently clarified: no connection to LIBRA Token, no insider trading) Since the FTX incident, the Solana on-chain ecosystem can only be described as a ‘rebirth through fire’. The meme season’s heat, along with Trump’s previous announcement pushing for SOL strategic reserves, has further attracted attention to this ‘American-style’ public chain. In the Solana ecosystem, the Decentralized Finance aggregator Jupiter has become an indispensable presence, continuously building and acquiring related industries, increasing the ratio of Solana ecosystem users accessing Jupiter’s products. Looking back at Jupiter’s history, it seems to be making the next big move. Jupiter’s acquisition history: First, let’s look at Jupiter’s acquisition history. According to Deep Tide’s compilation, Jupiter’s acquisition projects from 2024 to the present include: Blockchain infrastructure - September 2024 acquisition of the blockchain browser SolanaFM: to increase Jupiter’s data tracking and analysis capabilities, providing users with more transparent on-chain services. January 2025 acquisition of the analysis platform Coinhall: to enhance market data analysis capabilities, integrate Coinhall’s one-click trading feature and visualization tools into Jupiter’s products. January 2025 acquisition of the on-chain investment portfolio tracker Sonarwatch: complementing Jupiter’s real-time market monitoring, Sonarwatch’s multi-chain Open Source tools may contribute to Jupiter’s multi-chain project Jupnet. Decentralized Finance infrastructure - April 2024 acquisition of Ultimate Wallet and launch of the Jupiter Mobile project: executing the frontend Wallet entry of the Jupiter Mobile project. January 2025 acquisition of the meme trading platform MoonShot majority equity: providing Fiat Currency deposit, allowing ordinary people to directly purchase meme coins or other tokens. Additionally, we must also consider Jupiter co-founder Ben Chow’s self-launched Dex platform Meteora, as well as its AI launch platform PumpAI and meme launch platform M3M3. It is clear that Jupiter’s acquisitions and developments are complementing and strengthening Jupiter’s position in the Decentralized Finance field, as well as increasing user accessibility. Issuance of mobile apps and the multi-chain project Jupnet In terms of self-development, Jupiter first announced the launch of the Jupiter Mobile project in April last year and released the mobile app ‘Jupiter Mobile’ in December last year, which is now available for download on both iOS and Android. The author has recently tested it and found that besides the frontend Wallet, Jupiter Mobile integrates almost all the functions that Jupiter’s platform can offer, making it very convenient to use. Additionally, Jupiter Mobile has recently introduced the Trench feature, allowing users to directly participate in activities within the app. On the other hand, at Catstanbul in January, Jupiter also announced the upcoming full-chain network Jupnet, which mainly includes three systems: DOVE Network: verification and execution of Decentralization oracles Omnichain Ledger Network: hosting a full-chain distributed ledger for Jupnet Aggregated Decentralized Identity: through ADI, Jupnet can provide account system functions, common in the Token world, such as Wallet functions. Combining the above functions, it can be seen that Jupiter aims to establish a ‘chainless’ full-chain network on Jupnet, using the account system to replace traditional Blockchain Wallets, significantly lowering the barrier for users to enter the Blockchain. Founder Meow aims to create a ‘true community’ Before Jupiter’s full external development, the internal community had already developed a voting incentive system, combining ASR, Jupauary, Launchpad, and other operations, not only encouraging community participation in voting but also cultivating a group of loyal users and members. This series of community governance activities and founder Meow’s philosophy are closely related. Meow has previously built many projects and realized the importance of community in project operations, so he began to implement it within Jupiter. From multiple community votes and incentives, it can be seen that Jupiter is handing over equity and rights to the community. What kind of strategy is Jupiter implementing? As for what kind of strategy Jupiter is implementing, the author attempts to interpret it from three perspectives: 1. Ecosystem perspective: From acquisitions to partnerships, Jupiter is undoubtedly strengthening its influence in the Solana ecosystem. Furthermore, by radiating from its core business ‘Decentralized Finance aggregator’, Jupiter first secures the stable narrative of ‘infrastructure’ and ‘Decentralized Finance’, then expands its reach to popular narratives such as ‘AI’ and ‘Meme’. At this point, Jupiter is essentially involved in all the important narratives on Solana. 2. Application perspective: The application perspective is probably the most important part of Jupiter’s strategy. Through acquisitions in infrastructure, Jupiter is mainly enhancing and optimizing user experience. Additionally, after acquiring Moonshot, Jupiter’s first move was the ‘Trump launch coin’, showing how crazy and prosperous the encryption market can be with the participation of Web2 users. In the era dominated by mobile apps, many users who commonly operate encryption dapps on computers may find it inconvenient. Jupiter Mobile integrates all of Jupiter’s functions, allowing users to perform many on-chain operations solely through their phones, making it very convenient. …