Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Jito token recorded a trading volume of $1.1 billion on the first day.
ADOPTION NEWS

Jito token recorded a trading volume of $1.1 billion on the first day.

By Crypto FlexsDecember 9, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Jito token recorded a trading volume of .1 billion on the first day.
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

Solana-based liquid staking protocol Jito’s governance token surpassed $1.1 billion in trading volume within one day of launch.

Yesterday, the project launched the Jito token, distributing it to community members and enabling decentralized governance.

According to The Block’s pricing page, shortly after launch the token began trading around $2 and has since risen in value by nearly 45%. The token is currently trading at $2.9, which translates to a fully diluted market capitalization of $2.9 billion.

The total supply of Jito tokens is limited to 1 billion, with 115 million currently in circulation.

Of these, 80 million were allocated in a community airdrop to benefit early users, as well as separate allocations for validators and other protocol contributors.

Approximately 9,800 users who interacted with the protocol and staked SOL received at least 4,941 JTO, equivalent to nearly $14,000 at the time of reporting.

Jito allows users to deposit SOL, Solana’s native cryptocurrency, in exchange for the derived JitoSOL, which acts as a receipt token for participants in the staking process.

More than 6.4 million SOLs are locked, equivalent to approximately $460 million. Jito Labs, the core developer of Jito, also operates the primary client software for the Solana blockchain.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

Bitcoin analysts bet on $ 200K after hints of Fed.

August 23, 2025

‘Self -transactions, dressed in capital layout’: The cryptocurrency financial craze divides the industry.

August 15, 2025
Add A Comment

Comments are closed.

Recent Posts

If this trend is owned, the XRP price is $ 3.4 and you can see 20% bounce.

September 6, 2025

GBC Mining Launches Scalable Cloud Mining Plans, Enabling Passive Income For Global Crypto Enthusiasts

September 6, 2025

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

NOWPayments To Participate In SiGMA Europe Rome 2025

September 4, 2025

Web3 Enabler Announces Blockchain Payments V3.1 At Northeast Dreamin In Boston

September 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

If this trend is owned, the XRP price is $ 3.4 and you can see 20% bounce.

September 6, 2025

GBC Mining Launches Scalable Cloud Mining Plans, Enabling Passive Income For Global Crypto Enthusiasts

September 6, 2025

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025
Most Popular

Where is BitMEX Grafana?

June 21, 2024

OP_CAT and Bitcoin Ossification with Blockstream’s Andrew Poelstra

May 21, 2024

Ethereum to Overhaul Critical Programming Standards with ‘EVM Object Format’

August 14, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.