• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
On the first day after launch, the trading volume of the JITO token exceeded $1 billion

On the first day after launch, the trading volume of the JITO token exceeded $1 billion

user avatar

by Max Nevskyi

3 years ago

At launch, the development team distributed 80 million tokens among the community, early adopters, validators, and other protocol participants. Currently, 115 million tokens are in circulation, with a total cap of 1 billion. The initial price was set at $2, then the JITO token price rose by 45% to $2.9 in one day. Later, the price increased by another 15%, reaching $3.35.

A minimum of 4,941 JITO was distributed among 9,800 users who interacted with the protocol early on and staked their SOL coins. Thus, each user received at least $16,500 at the current rate.

The Jito protocol allows the use of SOL coins for staking and obtaining derivative tokens JitoSOL. Currently, about 6.4 million SOL coins, equivalent to $460 million, are locked in the protocol. The protocol developers - Jito Labs - are also responsible for creating one of the most popular clients for validators of the Solana network.

The Solana network continues to develop rapidly, and Arthur Hayes, the former CEO of the BitMEX exchange, predicts further growth in the coin's price to at least $100.

chest
chest
chest

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Jupiter Introduces Smart Debt Feature to Boost DeFi Efficiency

chest

Jupiter has launched a new feature called Smart Debt through its Jupiter Lend platform, allowing users to deploy borrowed assets into DEX liquidity pools to earn trading fees.

user avatarAyman Ben Youssef

Three Indicators for Bitcoin's Return to $100k

chest

Experts identify three signs that may indicate Bitcoin's potential to reclaim the $100k price level.

user avatarKofi Adjeman

Bitcoin's Price Fluctuations and Future Outlook

chest

Bitcoin last traded above the $100k price level in November 2025, after reaching an all-time high of $126,080 in October 2025. Following this peak, the cryptocurrency entered a bearish phase as investors began exiting the market due to increased macroeconomic uncertainty and geopolitical tensions. Experts suggest that Bitcoin may follow a cyclical pattern, with potential signs indicating a recovery before it reclaims the $100k mark.

user avatarTando Nkube

National Bank of Canada Reports Holdings in Crypto ETFs

chest

The National Bank of Canada has disclosed its holdings in US-listed crypto investment products, including shares tied to an XRP ETF and several Bitcoin ETF positions.

user avatarNguyen Van Long

BNB Chain's BEP675 Proposal Remains in Draft Status

chest

BEP675 is currently a draft proposal and not yet active on the BNB Chain mainnet.

user avatarJesper Sørensen

BEP675 Aims to Address Blockchain Efficiency Issues

chest

BEP675 aims to address inefficiencies in blockchain systems by changing the block submission and verification process to improve throughput.

user avatarSatoshi Nakamura

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.