SOL Swaps on Jupiter

    Jupiter is the best swap aggregator on Solana, meaning that it optimizes the best token swap rate across all decentralized exchanges for users. Since January 1st, how much SOL has been swapped for other tokens using Jupiter per day? Over the same time period, how much SOL has added from swaps using Jupiter per day? Create a visualization showing the flow of SOL from swaps on Jupiter since January 1st per day and provide insights around any spikes you see.

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    The swapped-to amount of SOL for other tokens using the Jupiter platform is shown in this chart. The first highest spike accounts for 122.891 K occurred on Jan 7th. One reason for this amount would be the price of SOL on this day, which was around 132.84 dollars. Because, in swappers’ opinion, the SOL was at a valuable price on that day, they preferred to swap their tokens to SOL.

    This is the chart of the swapped-away amount of SOL for other tokens using the Jupiter platform since Jan 1st. the highest spike occurred on Jan 24th with the amount of around 208.4 K. The first reason that comes to mind is the price of SOL that hit its local minimum amount exactly on Jan 24th with the price of 80.82 dollars. The second-highest spike has occurred on Jan 7th, and it seems that the reason is similar to the first highest spike.