Jupiter (JUP) surged over 8% in the past 24 hours, trading between $0.19 and $0.21, as its total value locked (TVL) climbed to $2.94 billion. This increase follows the launch of Metis V8, an update to Jupiter's DeFi routing engine, which aims to reduce execution drift and improve transaction efficiency. The protocol's market capitalization has expanded to $700 million, with daily trading volume rising by 37% to over $26 million. The Metis V8 update introduces features like slippage penalties and just-in-time on-chain finalization to enhance execution certainty. These improvements are expected to bolster Jupiter's position as a leading DEX aggregator on Solana, potentially driving further capital inflows and supporting sustained TVL growth. Despite recent market volatility, Jupiter's technical indicators suggest mild bullish momentum, with the daily RSI at 52 and an upsloping trendline support.