In a move that's got the crypto community buzzing, Jupiter, the popular DEX aggregator on Solana, has just burned a whopping 135 million JUP tokens. This isn't just a random event—it's a strategic play that could reshape the token's economics and fire up the meme token scene on Solana.

For those new to the space, a token burn means permanently removing tokens from circulation, often to reduce supply and potentially drive up value if demand stays steady or grows. Jupiter's team executed this through their Burn Multisig, as shown in the transaction details below.

The burn amounts to about $33 million at current prices, according to the snapshot. This follows a community vote earlier in November 2025, where holders approved burning around 130 million JUP from what's called the "Litterbox Trust." It looks like they went a bit further, torching an extra 5 million for good measure. You can check out the original discussion on the Jupiter forum.

Why does this matter for meme tokens? Jupiter is a go-to platform for swapping and discovering hot new memecoins on Solana. With lower supply, JUP could see more stability or even appreciation, making the ecosystem more attractive for traders and builders. Meme tokens thrive on hype and liquidity, and a stronger Jupiter means smoother trades and bigger pumps.

Reactions poured in fast on X (formerly Twitter). The original post by @cloudz racked up thousands of views, with users debating the price impact. Some are optimistic, predicting a slow climb into 2026, while others joke about their bags finally getting some relief.

This burn also ties into broader trends in DeFi, where projects are increasingly using burns to reward holders and combat inflation. For Solana enthusiasts, it's another sign that the chain is maturing, especially with meme tokens leading the charge in user adoption.

If you're holding JUP or eyeing Solana memes, keep an eye on price charts via CoinGecko. Moves like this could be the spark for the next bull run in the meme economy. What's your take—bullish or just more smoke?