Jupiter aggregator lost up to 60% of its active wallets, indicating a decline in user activity

Quotes that support claims

However, the past two months saw an outflow of both old and returning users, as the Jupiter aggregator lost up to 60% of its active wallets.

However, Jupiter’s aggregator has lost momentum in recent months, with user traffic dropping by up to 60% and competitors like PumpSwap dominating the meme coin niche, now accounting for a majority of that trading volume on Solana.