Jito, a
Solana protocol, has garnered significant attention from the crypto community, especially as it recently released an open-source restaking service. The price prediction for Jito's token (
JTO) sees exponential growth, further elevated by the launch of an ezSOL token in collaboration with Renzo.
Jito has become the largest protocol on Solana Blockchain, controlling a whopping 37% of the Ecosystem’s TVL. Impressively, this has occurred amid Solana's meme coin, Jito, soaring 9% following a restaking update. The future of Solana's TVL looks promising due to Jito’s contributions, pushing Solana heavyweights to wage war against private mempool operators.
Jito has not just surpassed Lido to become the leading fees generating protocol but also introduced liquid staking for SOL through Phantom Wallet.
JitoSOL recently debuted on
Arbitrum with wormhole integration, while Jito itself fueled a meme mania. The launch of Jito’s token positively impacted competitor Marinade's MNDE token, reaching all-time highs.
Jito's innovation is further highlighted through new delegates to crypto governance including Coinbase Cloud,
Solana, among others.
Jito also celebrated a successful airdrop of $225 Million in tokens to the Solana community, effectively removing the mempool function due to an increase in MEV.
Jito Coin News Analytics from Thu, 11 Aug 2022 07:00:00 GMT to Wed, 14 Aug 2024 20:03:31 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 6
