Solana Liquid Staking Heats Up: Jito Surges 39% Amid Speculative Trading
Jito (JTO), a liquid staking protocol built on Solana (SOL), has surged 39% in the past 24 hours to $0.578, reaching a new local high for 2026.
The daily trading volume reached $393.6 million against a market cap of $271.2 million, with a volume-to-market-cap ratio exceeding 1.4x, indicating speculative trading rather than organic demand.
Jito's dominance in the Solana staking landscape comes from its early mover advantage and MEV distribution model, which generates additional yield on top of base staking rewards.