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Jito Surges 39% as Solana Liquid Staking Competition Heats Up

Guavy AI Editorial Team
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SOL JTO
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Jito (JTO) has surged by nearly 39% in just 24 hours to $0.578, reaching a new local high for 2026.

The increase comes as liquid staking competition on Solana heats up, with Jito holding the largest share of the market alongside Marinade Finance and Sanctum.

Jito operates by allowing users to stake SOL and receive JitoSOL in return, which accrues staking rewards while remaining usable across Solana's DeFi ecosystem.

The protocol also extracts and redistributes MEV (maximal extractable value) to validators and stakers through its block engine, providing an additional yield on top of base staking rewards.

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