JTO Price today

The proposal aims to strike a balance between recycling resources and rewarding stakeholders. Key points include a structured decision-making framework to utilize treasury funds effectively and a ‘real yield gauges’ system for JTO holders to influence liquidity pool allocations.

Andrew Thurman emphasizes Jito Network’s unique position in the DeFi ecosystem, advocating for proactive capital deployment instead of passive holding. This approach could shape the way tokens circulate and potentially transform inter-protocol collaborations.

Jito (JTO) experienced a death cross, indicated by the 50 EMA dropping below the 200 EMA, leading to a bearish sentiment. The token’s price has remained below key resistance levels of 2.0-2.1 USD.

Despite recent downtrends, a bullish divergence on the RSI suggests an opportunity for recovery if the support at 2.3 USD holds. Moreover, open interest for JTO significantly increased, highlighting trader positioning for market volatility.

Jito (JTO) has surmounted the $2.90 key resistance level and indicates a bullish trend following a breakout from a falling wedge. With trading volume rising by 76.01% and Open Interest increasing by 6.46%, renewed interest among traders is evident, setting the stage for further price movements.

As of February 14, 2025, JTO traded at 3.02 USD, reflecting a 14.4% increase. Analysts believe that if the bullish momentum sustains, JTO could target key resistance near 4.6 USD in the following weeks, positioning it for continued growth.

In November 2024, Jito’s staking pool earned more than $210 million in tips, demonstrating a significant 32% monthly growth. This rapid increase underscores Solana’s network popularity and the efficacy of Jito’s MEV strategy, adopted by 93% of validators.

For the first time, Solana validators using Jito’s software have surpassed Ethereum in MEV earnings, thanks to tripled transactions. Jito has become a key player with $2.75 billion in total value locked, particularly through the widely used JitoSOL token.