JTO (Jito) 24-hour increase of 18.02%

JTO-3,7%
SOL-3,79%
SKR2,9%

Gate News Bot Message, January 28th, according to CoinMarketCap data, as of press time, JTO (Jito) is currently priced at $0.39, up 18.02% in the past 24 hours, with a high of $0.39 and a low of $0.30. The current market cap is approximately $169 million, an increase of $25.8 million compared to yesterday.

Jito is an MEV optimization infrastructure platform built on the Solana ecosystem. By providing MEV-enabled infrastructure and deep DeFi integration, it offers unparalleled staking efficiency and liquidity solutions for the Solana ecosystem.

JitoSOL is a liquid staking product offered by Jito. Users can stake SOL into the JitoSOL liquidity staking pool to earn dual rewards from staking and MEV. The current annual percentage yield (APY) for this product is 5.88%, with a total locked value of 14.3 million SOL in the pool. As the most liquid staking token in the Solana ecosystem, JitoSOL supports various strategies within DeFi, including liquidity mining, lending, and liquidity provision.

Jito (Re)Staking allows users to stake Solana assets across multiple networks simultaneously, providing economic security to these networks and earning corresponding rewards. Additionally, Jito StakeNet manages validators securely and transparently through validator history and the Steward program, enabling autonomous staking operations.

Important recent news about JTO:

1️⃣ Foundation expands Solana ecosystem deployment The Jito Foundation announced it will stake its entire Solana Mobile token SKR allocation to support the development of this ecosystem project. This move demonstrates Jito’s strategic commitment within the Solana ecosystem, by participating in innovative developments in mobile technology, strengthening its key role in the Solana ecosystem, and boosting market confidence in Jito’s long-term prospects.

This news is not investment advice. Investors should be aware of market volatility risks.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Analyst Says Bittensor (TAO) Could Be Ready for a Spike – Here’s the Price Target

Bittensor (TAO) is standing out again after spending months moving sideways. The AI-focused token has been hovering near a key support zone, and some analysts believe the chart may be setting up for a larger move. Crypto analyst Karamata shared a breakdown of the TAO chart, arguing that

CaptainAltcoinJust Now

HBAR at a Crossroads: Will $0.095 Support Trigger a Break Toward $0.106?

HBAR is trading at $0.09739 and above the S/R flip of $0.094-$0.096 in the 12H chart. The nearest resistance will be at $0.10 with a falling trendline pressure at around $0.104-$0.106. The support is at $0.095835 and a breakdown at the

CryptoNewsLand30m ago

PEPE Hovers at Critical $0.053414 Support as $432M Volume Surge Tightens Breakout Watch

PEPE is trading at $0.053416, just above support at $0.053414, with significant trading volume up 22.14%. Resistance is at $0.053676. Despite a slight decrease in price, there’s increased market activity, suggesting potential volatility.

CryptoNewsLand35m ago

Builders Are Walking Away From Aave – What Does It Mean for AAVE Price?

Aave (AAVE) is dealing with two very different headlines at the same time. On one side, the protocol faced a $24 million exploit linked to address poisoning, once again reminding users that security risks still exist across DeFi. Despite that incident, the market reaction has been somewhat

CaptainAltcoin1h ago

AVAX Tests $9.38 Resistance After 8.3% Surge — Breakout or Pullback Ahead?

AVAX is also trading at $9.16 with a daily gain of 8.3 per cent, but still below $9.38 resistance. Strong buyer activity near $8.46 continues to prevent deeper downside extensions. A daily close above $9.38 could open room toward $9.50, while rejection risks $8.30. Avalanche’s

CryptoNewsLand1h ago
Comment
0/400
No comments