Jito (JTO) is the governance token of the Jito Network, a Solana‑based liquid staking and MEV optimization protocol.
JTO currently trades around ~$0.25–$0.29 USD, sharply down (~‑95%) from its all‑time high near $5.6, signaling heavy long‑term sell‑pressure.
Market cap is roughly $110–$125 million, with moderate trading volume reflecting niche DeFi interest and wider crypto sentiment.
Recent short‑term gains appear tied to broader market rebounds, not strong coin‑specific catalysts.
Institutional integrations — like European ETPs tied to JitoSOL — could add regulated exposure, though macro risks remain.
Technical outlook shows consolidation near $0.24–$0.28 support/resistance, while long‑term direction hinges on Solana ecosystem health and real utility growth.
@Jito $JTO #JTOtoken #jto