Track market-moving stories before they get noisy

Jito upgrades Block Assembly Marketplace, cuts bundle delays by about 50ms

JTO: Jito Foundation and Wavebridge Publish Joint White Paper Report on Korea's Spot Digital Asset ETF, Co-Authored by Eight Institutions

Whale Deposits 6,000 $ETH ($16.1M) to Multiple Exchanges for Selling

Whale 0xd0A4 deposited 6,000 $ETH($16.1M) into #OKX, #Kraken, #Gate, #Bybit, and #Binance an hour ago to sell.

14 minutes ago

SlowMist: Bitget Hacker Addresses Collectively Hold XRP Worth Approximately $157 Million

Slow Mist’s MistTrack has updated the Bitget hacker wallet addresses, adding 7 Ripple network addresses with a combined balance of roughly 102,926,478 XRP, valued at approximately $157 million. The update also includes 11 EVM addresses and 1 TRON address. The EVM addresses collectively hold around 67,980.25 ETH, 5,896.58 BNB, 495.625 WETH, 218,022.9 USDT, and 99,989.9 USDC, while the TRON address holds approximately 20,593,376.5 TRX.

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Bitget CEO: Some of the stolen funds may be recoverable, and withdrawals will only be resumed after confirming the system's security.

Bitget CEO Gracy Chen said in a live stream addressing the platform’s recent attack that some of the affected funds may be recoverable. On resuming withdrawals, Chen noted that Bitget must first thoroughly investigate the incident, with its technical team currently working on system repairs and security hardening. The withdrawal function will only be reactivated after the system is confirmed secure and resuming withdrawals is verified to not trigger further hacker attacks. She added that once a clear time window for withdrawal resumption is finalized, the platform will notify users and release an announcement immediately. No specific timeline can be committed to at present, as Bitget does not want to make unfulfillable promises.

14 minutes ago

Bitget CEO Discloses Initial Attack Path: May Involve Third-Party Software Supply Chain Attack

Bitget CEO Gracy Chen stated during a live stream regarding the platform’s attack incident that the security team is currently focused on identifying the root cause and resolving the issue. Based on information available at this stage, the incident resembles a supply chain attack: attackers likely compromised a third-party tool frequently used by Bitget, thereby affecting a critical backend system of its wallet service. Chen noted that the compromised service forged transfer information and invoked a signing machine to siphon funds. The incident did not involve a private key leak; according to current investigations, the possibility of an insider job is also low. However, she added that the final attack vector still requires further confirmation from the security team. She further explained that hacker attacks are rarely single-type, with a single attack typically combining two to three of six to seven different tactics. Citing Bybit’s previous attack incident as an example, she noted that the case involved both the signature authorization process and a supply chain attack targeting the Safe multisig page it used. Common attack methods against crypto exchanges also include private key leaks, smart contract vulnerabilities, insider jobs, and social engineering attacks.

14 minutes ago

Bitget CEO: The platform’s recent attack was not caused by a key leak, and there is no exact timeline for the resumption of withdrawals.

Bitget CEO Gracy Chen addressed the exchange’s recent attack incident in a public live stream, stating that the platform is preparing to resume user withdrawals but has not yet set an exact timeline. Bitget’s internal and external technical teams are working in parallel to identify the root cause and develop solutions, with the goal of restoring services as quickly as possible. Chen noted that the attack vector in this theft differs from those seen in prior security breaches at some exchanges. According to ongoing investigations, the hacker did not exploit a key leak to launch the attack; instead, they bypassed parts of the system to initiate withdrawals directly through the platform’s systems. She emphasized that a key leak would be the worst-case scenario, but this incident is not related to such a vulnerability. Given that the incident involves multiple cryptocurrencies and blockchain networks, Bitget cannot immediately reopen withdrawals. Withdrawals will only be restored after the exchange confirms all funds are fully secure and implements a more robust handling plan. Chen added that the platform has now completed full loss mitigation, eliminating the risk of further attacks; withdrawals will be reactivated once the security issue is resolved with greater certainty.

14 minutes ago

Bitget attackers have converted most of the stolen funds on EVM chains into 67,982 ETH, worth approximately $183 million.

According to Lookonchain's monitoring, crypto exchange Bitget has suffered a hack, resulting in the theft of approximately $351.6 million in assets. The hacker has converted most of the stolen funds on EVM chains into 67,982 ETH, valued at around $183 million.

14 minutes ago

Solana just took the most historic step in its governance history: its first real on-chain vote, where any SOL holder — not just validators — could weigh in on the network's constitution, inflation and fees. Camila Russo sits down with Nick Almond, Head of Governance at the Jito Foundation, right as that shift collides with a new threat: Robinhood's own chain moving in on meme coins, the one corner of crypto that was always Solana's. Nick breaks down how the vote actually played out — including the disinflation proposal that was decided with eight seconds left after Kraken flipped its vote — how JitoSOL swung its entire stake pool with a 13% quorum trigger, and why he still thinks Solana's shot at attracting new apps, from tokenized stocks to meme coins, is stronger than people give it credit for. Presented by Oasis — a self-custody wallet built on a 2/3 multisig. You hold two keys, Oasis holds a recovery key, and never has unilateral access. Oasis is giving away a CryptoPunk to the first 500 new or upgraded plans through October 31: https://www.oasisvault.io/cryptopunk

🎧 Listen to Interview💻 Watch Video

How JitoSOL Swung Solana's Governance VoteJito Foundation's head of governance says a liquid-staking override mechanism decided Solana's closest on-chain vote, as validators confront an 87% revenue decline and rising competition from Robinhood Chain.

Solana's proposal to double the network's disinflation rate passed by 0.334 percentage points above the two-thirds threshold it needed, and it would have failed without a mechanism that let holders of Jito's liquid staking token vote independently of the validators holding their stake, according to Nick Almond, head of governance at the Jito Foundation.

"We got 13% of the TVL in the end and the whole JitoSOL stake pool voted during the actual on-chain vote," Almond said in an interview on The Defiant Podcast, describing roughly 10 million SOL, then worth close to $1 billion, that Jito directed toward the proposal known as SGP-0002.

The vote was one of three that closed on August 28, in the first binding governance referendum Solana validators have held since the network's constitution went live earlier that month. Solana Validators Approve Doubling Disinflation in First Governance Vote, With Kraken Reversing Late SGP-0002 doubles the rate at which Solana's annual issuance shrinks, moving the network's terminal inflation rate of 1.5% up by roughly three years, to early 2029. It passed with 67.001% of votes cast in favor, against a required 66.667% supermajority. A separate proposal to split Solana's flat transaction fee into resource and inclusion components failed to clear the same threshold and has gone back to the proposal stage, Almond said.

A mechanism built for liquid stakingJito built the override under a proposal called JIP-30, ratified last year, which lets holders of JitoSOL, the network's largest liquid staking token, signal a vote preference during a window that opens roughly three epochs before validators cast theirs. If at least 10% of JitoSOL's total value locked participates, the stake pool casts its entire holding as a single bloc, reflecting how those holders voted, rather than leaving the decision to the roughly 350 validators the pool dynamically delegates to.

"What this allows is basically any Sol holder that's staked their Sol can vote individually," Almond said, describing the broader voter-override rule that Solana's new constitution established for all stake accounts, not just JitoSOL. "For me, that really decentralizes the network out to almost the individual level."

Almond recalled the count flipping in the vote's final seconds. On-chain vote tallies show the swing came earlier: with roughly 70 minutes left before the epoch closed, the yes side was still about 58 million SOL short of the threshold, until a reversal by Kraken's validator, which flipped roughly 8.1 million SOL, combined with JitoSOL's bloc vote to push the proposal over the line.

The proposal compresses margins for staking providers, including exchanges such as Kraken, that pass through a share of Solana's inflation rewards to customers. "We're asking them to earn less money by being staking providers," Almond said. "So you can imagine the rational economic actors in the network don't necessarily want that to happen."

Fewer validators, same decentralization argumentSolana's validator count has fallen to around 700 from roughly 1,000, Almond said, a trend he attributed to rising hardware requirements as the network pushes for bigger blocks and shorter block times. He argued that measuring decentralization by validator count alone misses how concentrated stake already is on other networks. "If you actually look at it critically and look where the stake is actually living on both chains, it's almost exactly the same," Almond said of Solana and Ethereum, adding that a comparison he ran recently found the two networks' validator stake similarly distributed across data centers geographically.

The first of the three August proposals, SGP-0001, ratified the Solana Constitution that created the voting framework itself, passing with 85.97% support on 51.96% turnout of eligible stake. Solana Launches Onchain Governance With Stake-Weighted Voting for Validators It replaced an earlier, off-chain process that produced Solana's first major economic vote in 2025, SIMD-228, a proposal to cut inflation that failed after opposition from smaller validators despite backing from large stakeholders including Multicoin Capital. Solana Community Rejects SIMD-228 Proposal to Reduce Token Emissions Almond said that failed vote was one of the reasons he moved to Solana from prior DAO governance work 18 months ago.

Revenue down 87%, and Robinhood Chain closing inSolana's network revenue fell 87% year-over-year in the first half of 2026, to $141 million from $1.09 billion, as memecoin trading's share of the network's spot volume dropped to 16% from 40% over the same period, according to a report published by 21Shares. Almond attributed part of the decline to a deliberate tradeoff: Solana has roughly tripled block sizes over the past year, he said, which lowers competition for block space and reduces priority fees and Jito's own MEV tips, both major components of network revenue.

"The network intentionally is compressing its own margins," Almond said. "We're trying to build a network that can swallow 10x the demand or 50x the demand."

Solana faces a new competitor for the tokenized-equities trading it has courted: Robinhood Chain, the Arbitrum-based layer 2 that Robinhood Markets launched this year. Robinhood Chain's gas fees rose 82-fold over 11 days in early September, briefly exceeding those of Ethereum, Solana and Tron combined on a single day. Robinhood Chain Gas Fees Jump 82-Fold In 11 Days To Top Every Other Chain Almond said Robinhood built its own chain, rather than deploying on Solana, to capture sequencer revenue directly. "They get to own their rails to a degree where they can capture the rents on the chain as much as possible," he said, noting Robinhood's fees have run higher than Ethereum mainnet's despite it operating as a layer 2.

Almond said Solana's SGP-0003 fee proposal, which failed in August after developers of applications including the perpetuals exchange Phoenix warned it could raise their operating costs, is likely to return in smaller pieces. He also pointed to buyback-and-burn programs, including one Jito plans to route its own revenue lines through next year, as the more active lever protocols are using to tie token value to network activity while the fee debate continues.

SOL traded at $99.48 on Thursday, up 2.4% over 24 hours and down 1.7% over the past week, according to CoinGecko. Jito's JTO token traded at $0.4254, up 3.4% over 24 hours. Jito's total value locked stood at just over $1 billion, according to DefiLlama.

Solana validators just got a raise. Jito’s BAM preconfirmations launched on September 9, creating a new revenue layer for validators willing to stream committed transaction data to traders and applications hungry for speed.

The system already covers more than 34% of Solana’s total network stake, thanks to launch partnerships with infrastructure providers Helius and Triton.

How the revenue split works BAM preconfirmations pipe a low-latency stream of transactions that participating validators have already executed. Traders doing arbitrage or market making, where a 10-millisecond advantage can mean the difference between profit and loss, are the obvious customers.

Early testing showed a 5-10ms advantage at the p50 latency mark.

The economics follow a clean three-way split. Distribution partners like Helius and Triton take 30% of revenue generated. BAM validators receive 35%, allocated proportionally based on their stake weight through priority fees. The remaining 35% flows to the Jito DAO treasury.

Validators running either AgaveBAM or FireBAM clients can participate automatically. Those who’d rather sit this one out can opt out through Discord, with a self-service toggle planned for a future release.

Actual revenue generation for participating validators is expected to begin in October 2026.

From early mainnet to 34% stake coverage BAM itself isn’t new. The system reached early mainnet around September 25, 2025, roughly a year before preconfirmations went live. In the intervening months, hundreds of validators adopted BAM-compatible clients, building the foundation that made this week’s launch possible.

The underlying architecture uses Trusted Execution Environments, or TEEs, which are specialized hardware enclaves that process data in isolation from the rest of the system. In BAM’s case, TEEs enforce privacy mandates during transaction sequencing. The practical effect is that transaction ordering handled by BAM nodes stays separate from the execution work validators perform, creating a cleaner division of labor in Solana’s block-building pipeline.

By routing transaction sequencing through TEE-protected BAM nodes, Jito aims to reduce the opportunities for harmful MEV extraction while still allowing validators to earn from the legitimate value their position in the network creates. Preconfirmations extend that logic: instead of extracting value from transaction ordering, validators monetize the speed of their committed transaction data.

What this means for the Solana ecosystem The immediate beneficiaries are the validators already running BAM clients. A new revenue stream that requires no additional hardware, just a software client upgrade, is about as close to free money as infrastructure economics gets. The stake-proportional distribution means larger validators earn more in absolute terms, but the percentage return should be roughly uniform across participants.

For traders and applications consuming the preconfirmation streams, the value proposition is straightforward: faster data means better execution. Market makers can update quotes more quickly. Arbitrageurs can act on price discrepancies before slower participants. Liquidation bots can trigger positions with greater precision.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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Jito is making a deliberate pivot. Instead of chasing ever-higher total value locked numbers, the Jito Foundation is now focused on getting JitoSOL into as many hands, wallets, and platforms as possible.

The strategy centers on distributing JitoSOL, Solana’s largest standalone liquid staking token, across all major platforms and services in the ecosystem. That includes DeFi protocols, centralized exchanges, institutional products, and even governance infrastructure.

The distribution playbook The most notable integration so far involves Coinbase. The exchange exclusively adopted JitoSOL for its SOL-backed borrowing product built on Morpho, a lending protocol. That single integration has already accumulated nearly 200,000 SOL in TVL.

Beyond Coinbase, JitoSOL has found its way into multiple DeFi platforms including Kamino, Solend, and Raydium. Each integration adds another layer of composability, meaning holders can lend, provide liquidity, or use JitoSOL as collateral without ever unstaking their SOL.

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What makes JitoSOL different from a vanilla liquid staking token is its dual reward structure. Holders earn standard staking rewards plus transaction-ordering value tips through a mechanism called TipRouter. Validators using Jito’s infrastructure capture extra revenue from the order in which they process transactions, and some of that value flows back to JitoSOL holders.

Institutional doors opening 21Shares launched the Jito Staked SOL ETP, ticker JSOL, on Euronext in January 2026. Exchange-traded products listed on major European stock exchanges represent a meaningful channel for institutional capital that wouldn’t touch a DeFi protocol directly but is perfectly comfortable buying a regulated financial product.

Anchorage Digital Bank, a federally chartered crypto bank, has also provided infrastructure support for JitoSOL.

The Jito stake pool recently reached quorum to vote on Solana governance proposals, which adds yet another dimension. JitoSOL holders aren’t just earning yield. They’re participating in protocol-level decision-making for the entire Solana network.

Scale and ecosystem dominance Jito-related infrastructure reportedly manages around 33% of the Solana stake as of mid-2026.

The Foundation’s governance structure ties this all together through the JTO token, which connects fee revenue and tip accrual back into ecosystem growth.

Looking ahead, Jito plans to add JitoSOL as a staking option on its JTX trading platform during 2026. That would let traders use their staked SOL as margin or collateral for derivatives positions, letting capital earn staking yield while simultaneously being used to trade.

The risk side of the equation shouldn’t be ignored. Having 33% of Solana’s stake concentrated through one ecosystem creates centralization concerns that the community has debated at length. Regulatory treatment of staking products remains an evolving question in multiple jurisdictions, and any adverse ruling could affect demand for products like the JSOL ETP.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Altcoins

10 August 2026 | 13:16 A small group of altcoins has separated from the broader crypto market, with Jito, Worldcoin and Pump.fun all posting double-digit gains over the past 24 hours.

What makes the group worth a closer look is that several of these tokens have recently seen changes to their buybacks, unlock schedules, burns or emissions, giving traders more than price action alone to consider.

Using CoinMarketCap data from August 10 as the starting point, this article looks at developments that preceded or accompanied the rallies and the context they may provide, without assuming that any single event caused the moves.

Top Performing Altcoins Recent price and market gains overview.

Altcoin Price 24h 7d Jito (JTO) $0.575 +13% +15% Worldcoin (WLD) $0.345 +12% +11.5% Pump.fun (PUMP) $0.0028 +11.5% +31% Venice Token (VVV) $12 +9% +4% Curve DAO Token (CRV) $0.24 +6% +18% *Disclaimer: All prices and gains are accurate at the time of writing. Cryptocurrency markets fluctuate constantly, and values may change by the time you read this.

Key Takeaways JTO ties protocol activity directly to token purchases. WLD’s slower unlock schedule eases new supply growth. PUMP buybacks face an August 12 supply test. VVV’s older supply changes don’t explain today’s jump. CRV combines lower issuance with stronger lending activity. Jito Ties Protocol Revenue to JTO Demand Jito has introduced two mechanisms that tie ecosystem revenue to JTO purchases.

Under JIP-37, Jito’s Cryptoeconomics subDAO is required during the third quarter to fund JTO purchases from its treasury at a value matching 100% of protocol revenue. The program can use token auctions or time-weighted market purchases and is set to run throughout Q3.

JTX, Jito’s self-custodial Solana trading platform, adds a separate channel. According to Jito’s launch announcement, the platform charges a fee on every trade and directs 80% of that revenue to the Jito DAO for JTO buybacks and burns. The remaining 20% goes to referrers.

Worldcoin Is Releasing WLD More Slowly On July 24, Worldcoin’s aggregate daily unlock rate fell 43%, according to World. Total daily unlocks dropped from roughly 5.1 million WLD to 2.9 million.

Community unlocks were reduced from 3.2 million to 1.6 million WLD per day, while team and investor unlocks declined from 1.9 million to 1.3 million.

That does not eliminate WLD’s existing supply overhang, but it substantially reduces the daily pace of new issuance compared with July.

PUMP’s Rally Faces an August 12 Supply Test Pump.fun’s token economics are creating a direct tension between recurring buybacks and fresh supply.

Since April 28, Pump.fun says 50% of protocol revenue has been programmatically allocated to buying PUMP and burning the acquired tokens. The project’s token dashboard tracks those transactions on-chain.

The counterweight arrives on August 12.

DefiLlama’s unlock tracker lists 6.875 billion PUMP scheduled to unlock, including 4.167 billion allocated to the team and 2.708 billion to existing investors. DefiLlama estimates the total at roughly 1.73% of the floating supply.

An unlock does not mean those tokens will immediately be sold, but it will increase the amount of PUMP available to enter the market at a time when buybacks are also removing tokens from circulation.

VVV Rallies Without a Clear New Trigger Venice Token’s 9% daily gain is larger than its 4% advance over seven days, showing that the latest session reversed weakness from earlier in the week.

There is no obvious fresh official announcement that can be confidently linked to the move. Instead, the broader backdrop comes from token-economics changes Venice made earlier this year.

Venice introduced a programmatic system in April under which new subscriptions trigger open-market VVV purchases followed by burns. The amount varies by subscription tier, with the transactions recorded on-chain.

Supply tightened further in July. When Venice announced a $65 million Series A at a $1 billion valuation, the company said 33.7 million VVV had already been burned, equivalent to roughly 42% of the original supply. Annual emissions also fell from 4 million to 3 million VVV on July 1.

CRV Nears Another Emissions Cut Curve’s token contract reduces the CRV emissions rate by a factor of 21/4 each year, equivalent to a decline of roughly 15.9%. The next reduction is expected around August 12 once the current emissions epoch reaches its one-year mark.

At the same time, parts of Curve’s lending business are showing stronger activity.

Curve’s August 6 ecosystem update showed Llamalend TVL rising 4.9% over the week to $146 million. Borrowing increased 7.4% to $86.3 million, supplied capital climbed 8.3% to $62.8 million, and crvUSD minting grew 3.4% to $37.8 million.

Curve also reported an 18.8% increase in weekly DEX volume, although most of the gain came from a single pool. Excluding it, trading volume was roughly unchanged, making the lending data the cleaner sign of improving protocol activity.

Token Economics Are Shaping These Trades The five rallies do not share one catalyst, but token mechanics are a recurring feature across the group, affecting both market demand and new supply.

PUMP shows why that relationship is not automatically bullish. A token can have an active buyback program while simultaneously facing a scheduled release of new supply. For traders, the useful question is which mechanisms are actually changing circulating supply and market demand at a given moment.

Methodology This ranking is based on CoinMarketCap data from August 10, 2026, and covers the best-performing altcoins among the top 100 cryptocurrencies by market capitalization at the time of the snapshot. Performance is compared across the previous 24 hours and seven days.

Possible catalysts were assessed using official project announcements, protocol data and other primary or high-authority sources where available. The developments discussed provide market context rather than confirmed explanations for price movements, which can also be influenced by liquidity, positioning, broader market conditions and speculative trading.

Disclaimer The article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile, and prices, rankings and performance figures can change rapidly. Always conduct your own research before making investment decisions.

Author

Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.

A first-of-its-kind coalition assembles the entire digital asset ETF stack in Korea, from index construction to custody, regulation, and staking infrastructure, as the country opens its markets to institutional crypto adoption.

SEOUL, July 27, 2026 – Jito Foundation announced the formation of the Korea Digital Asset Working Group, a strategic partnership with Wavebridge and a coalition of Korea's leading financial and digital asset institutions. The group unites, for the first time, every layer of the digital asset ETF stack in Korea under a single, compliance-first initiative, from index construction and custody to regulatory guidance and staking infrastructure.

The working group's initial project is to produce a joint research report on digital asset ETFs and related financial products in Korea, scheduled for release during Korea Blockchain Week.

Market ContextKorea is in the middle of the most significant shift in its digital asset markets since 2022. In January 2026, the government lifted its nine-year ban on corporate crypto investment and deployed a national strategy to approve spot digital asset ETFs and finalize stablecoin legislation this year. Korean banks and securities firms have responded with a wave of activity, acquiring exchange equity and moving to establish standards across stablecoins, tokenization, and custody. Tiger Research has mapped 150 institutions and 196 partnerships forming across the market ahead of full regulatory clarity.

What has been missing is coordination. Most digital asset ETF efforts in Korea are fragmented across individual players and stuck at the MOU stage, waiting on legislation to provide clearer guidance. The Korea Digital Asset Working Group is built to solve that, uniting each layer of the ecosystem so that when the regulatory framework lands, the infrastructure to build institutional-grade products is already in place.

“Korea is opening its markets to institutional digital assets faster than almost anywhere in the world, but the infrastructure to build these products has been fragmented. This working group changes that. By bringing the full stack together, from index construction to custody, staking, and regulatory counsel, we are making sure that when the regulatory framework lands, Korea is ready to build institutional-grade products on day one. We are proud to have the trust of our innovative Korean institution partners so we could bring our JitoSOL liquid staking expertise to that effort," said Marc Liew, Head of APAC at Jito Foundation

Wavebridge's RoleAs an institutional crypto prime broker working with the most forward-thinking innovators in the Korean market, Wavebridge has identified JitoSOL as the pristine institutional digital asset for building yield-bearing products. Wavebridge is leading the coordination effort across the working group, convening each layer of the stack and driving the roadmap for how these institutional-grade products come to market in Korea.

"We built this working group because Korea's institutional demand is real and accelerating, but the pieces to serve it have been scattered. As a prime broker, we sit at the center of institutional flows, and we kept seeing the same gap: everyone was building toward digital asset products in isolation. By bringing custody, issuance, index, staking, and regulatory counsel to one table, we can move from fragmented effort to a coordinated roadmap. We identified JitoSOL as the pristine institutional asset to build around because it delivers real, network-generated yield in a form institutions can actually hold and deploy," said Jongwook Oh, CEO at Wavebridge.

A Full-Stack CoalitionThe working group brings together seven organizations, each owning a distinct layer of the digital asset product lifecycle:

Jito Foundation,  pioneering Solana liquid staking and JitoSOL ETF infrastructure to maximize yield and network efficiency.Wavebridge, delivering institutional-grade crypto prime brokerage and asset management solutions for traditional finance.Hanwha Asset Management, leading ETF issuer bridging the gap between traditional capital and innovative digital asset portfolios.FnGuide, South Korea's premier financial index provider, supplying the benchmark data necessary to structure transparent digital asset products. KODA, the trusted institutional custodian backed by KB Kookmin Bank, providing secure, compliant enterprise-grade asset storage. Solana Company (Nasdaq: HSDT), powering the ecosystem with high-performance institutional staking and validator infrastructure designed for massive scalability. Shin & Kim, providing expert regulatory guidance to navigate South Korea's compliance landscape and ensure secure institutional adoption.  The structure is deliberate. Index construction, issuance, custody, staking, and regulatory counsel are each represented by an established Korean or global institution, reflecting a multi-stakeholder, compliance-first approach to building digital asset products that can stand up to institutional and regulatory scrutiny.

Jito's RoleJito Foundation brings domain expertise in liquid staking and JitoSOL, the largest liquid staking token on Solana. As Korean institutions evaluate staking-based yield within regulated investment products, Jito's infrastructure offers a proven model for how staking rewards can be integrated into institutional-grade financial vehicles. Jito's participation underscores the growing role of Solana-based infrastructure in the institutional products taking shape across Asia.

The joint research report will be released during Korea Blockchain Week. Further details on the report and the working group's roadmap will follow.

Wavebridge, a licensed Virtual Asset Service Provider headquartered in Seoul, has signed a memorandum of understanding with the Jito Foundation to develop JitoSOL-based institutional products specifically designed for the South Korean market. The deal pairs one of Korea’s established digital asset infrastructure firms with the operator behind Solana’s largest liquid staking token.

What the partnership actually involves Under the agreement, Wavebridge will handle the heavy lifting on custody, product structuring, and distribution. The Jito Foundation, meanwhile, will provide technical guidance on staking mechanics, reward structures, and the risk profile of JitoSOL.

JitoSOL is a liquid staking token on Solana that combines standard staking rewards with MEV (maximal extractable value) rewards. Holders earn yield from both validating transactions and from the extra value that gets captured when transactions are ordered optimally. Over 14 million SOL have been deposited into the JitoSOL protocol as of early 2026, making it the dominant liquid staking option on Solana by a wide margin.

The MOU was signed around July 27, 2026. Beyond just product development, the two organizations plan to publish a joint research note on domestic digital asset ETFs. That research effort reportedly involves other market participants, including Hanwha Asset Management, one of South Korea’s established asset managers.

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Mark Liu, the Jito Foundation’s Asia-Pacific head, described Wavebridge as “the ideal partner” for introducing JitoSOL within South Korea’s regulated market infrastructure. He framed the partnership as a strategic move focused on long-term growth rather than a quick product launch.

Wavebridge CEO Oh Jong-wook acknowledged rising institutional demand for digital asset products but flagged fragmented infrastructure as a genuine obstacle that still needs solving before the market can reach its potential.

Why South Korea, and why now Wavebridge was founded in 2018 and offers OTC trading, custody, and prime brokerage services aimed squarely at institutional clients. It also operates a subsidiary in Lithuania, giving it a footprint in both Asian and European digital asset markets.

The involvement of Hanwha Asset Management in the ETF research component adds credibility. Hanwha is not a crypto-native firm. It’s a traditional asset manager with deep roots in Korean finance.

What this means for investors The ETF research angle deserves close watching. South Korea hasn’t approved digital asset ETFs yet, but the fact that a licensed VASP, a major liquid staking protocol, and a traditional asset manager are collaborating on research suggests the conversation is further along than most outsiders realize.

Oh Jong-wook’s comment about fragmented infrastructure isn’t just executive modesty. Korean institutions face real hurdles around custody interoperability, regulatory clarity on staking yields, and the challenge of reconciling 24/7 crypto markets with traditional settlement cycles. Any JitoSOL product will need to navigate all of these questions before a single won of institutional capital flows in.

There’s also the question of whether Korean regulators will treat liquid staking tokens differently from plain staking. LSTs involve an additional layer of smart contract risk and protocol governance that regulators may want to scrutinize more closely. The Jito Foundation’s role in providing risk documentation and staking mechanics guidance suggests both parties are aware this will be a regulatory conversation, not just a product design exercise.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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JTX, the trading platform designed by the architects of Solana’s execution infrastructure, is now live, bringing a professional-standard trading experience to the onchain economy. 

The launch comes as Solana solidifies its position as crypto’s leading venue for high-performance spot trading, dominating DEX volumes and outperforming CEX execution to give traders the best possible fills.

Dedicating 80% of protocol revenue to $JTO value accrual, JTX could represent one of the biggest catalysts for the growth of Jito’s native token.

Over 100,000 Waitlisted Users Gain Full Access to JTX After many weeks of eager anticipation, Jito has opened the floodgates to JTX, giving Solana’s onchain traders access to the network’s first institutional-standard professional trading venue. 

Initially supporting the full breadth of Solana’s spot markets, including its flourishing RWA sector, JTX is expected to enable support for perpetual futures trading and prediction markets in the near future.

"Over the past four years, Jito has powered the Solana ecosystem, building the execution infrastructure that the network's trading activity runs on. JTX takes that same infrastructure and puts it directly in the hands of traders for the first time. It combines self-custody with execution tools that have typically only been available through more advanced trading platforms. Users hold their own keys, settlement happens onchain, and there are no custody tradeoffs,” - Lucas Bruder, Jito Labs Co-Founder and CEO

From launch, JTX offers traders a comprehensive suite of professional order types, from basics like resting limit orders to more sophisticated tools like TWAPs and conditional orders. Meanwhile, exclusive features like JTX Smart Fills break large orders into a burst of smaller orders to mitigate price impact and improve execution.

In parallel, JTX runs simulated execution comparisons against the industry’s leading centralized exchanges, informing traders of how much they save on each trade to Solana’s innate outperformance.

The Trading Venue Solana Deserves Solana has emerged as crypto’s most performant network for global-scale trading. Beyond dominating all blockchains in spot DEX volume since Q4 2024, recent improvements to Solana’s onchain market structure, like Jito’s BAM Maker Plugin, have elevated trade execution on the network to unprecedented levels.

According to a recent Blockworks report, traders consistently get better fills trading on Solana than on exchanges like Binance. Research from Jump Crypto has reinforced this thesis, claiming that Solana’s onchain execution outperforms Binance in 99.3% or retail-sized swaps.

With demand for 24/7 RWA and tokenized asset trading in DeFi exploding in 2026, Solana has successfully captured the vast majority of spot flows. 

Boasting one of crypto’s most vibrant and diverse RWA economies, Solana recorded $5.8B in quarterly tokenized asset volume. Onchain data indicates that over 300,000 wallets on Solana hold RWAs, highlighting strong demand among market participants.

But despite Solana’s traders embracing traditional asset classes like tokenized stocks and commodities, the network itself has been lacking an institutional-grade trading venue. JTX promises to fill that void, giving professional traders the tools they need to effectively navigate Solana’s market layer.

"Demand for tokenized assets and a professionalized interface on Solana has grown considerably, driven by deeper liquidity and a maturing set of onchain products. JTX gives traders a platform built specifically for that environment, offering execution quality that matches what they expect on centralized exchanges, without giving up self-custody." - Kevin Beardsley, JTX Head of Product

80% of JTX Revenue to $JTO Following the approval of an upcoming governance proposal, JIP-38, Jito DAO is expected to route 80% of all JTX revenue directly to $JTO value accrual, with the remaining 20% being reinvested into ongoing protocol development.

If passed, JIP-38 will introduce programmatic $JTO buybacks and burns for at least one year, subject to re-appraisal in Q4 2027. 

Having designed the architecture of the network’s best-in-class market layer and powering the bulk of Solana’s 250M+ daily transactions, JTX joins Jito’s growing suite as the Solana infrastructure giant’s flagship consumer product.

Alongside network staples like the Jito Block Engine, $jitoSOL, and BAM, JTX represents Jito’s full-stack commitment to making Solana the world’s leading decentralized trading environment, capable of competing with centralized exchanges and setting a new standard for Internet Capital Markets

Disclaimer: SolanaFloor is a subsidiary of the Jito Network

Read More on SolanaFloor  Welcome to the tradingFloor

Introducing tradingFloor: A Thesis-Driven Livestream for Solana’s Onchain Traders

Jito CEO Lucas Bruder Joins the Big Picture

Key Highlights Table of Contents

Key HighlightsJTX Delivers Professional Trading Infrastructure to Solana EcosystemJTX Extends Solana Trading Capabilities With Diverse Asset IntegrationJTX Reinforces Solana’s Leadership in Onchain Financial Markets JTX debuts on Solana today, bringing professional trading capabilities and self-custodial features

Jito unveils JTX platform to provide institutional-grade DeFi trading infrastructure for Solana

Platform enables trading of tokenized assets, SOL, memecoins, and various Solana-based markets

JTX introduces sophisticated order execution capabilities to Solana’s expanding DeFi landscape

Jito enhances Solana trading infrastructure with JTX launch and innovative fee distribution mechanism

Jito has unveiled JTX, a self-custodial exchange platform developed on Solana’s blockchain infrastructure to enable sophisticated onchain trading activities. The new platform delivers professional-grade order management tools while maintaining user control over assets through self-custodial architecture. JTX facilitates spot market trading for various Solana-based assets, real-world tokenized products, and additional digital marketplaces.

JTX Delivers Professional Trading Infrastructure to Solana Ecosystem Jito unveiled JTX as an exchange platform connecting market participants with the execution infrastructure that drives Solana network activity. The system provides limit order functionality, automated trade execution, and conditional trading capabilities for market participants. JTX enables direct access to onchain settlement mechanisms without dependence on centralized custodial intermediaries.

The platform launch responds to increasing market demand for sophisticated trading capabilities across decentralized financial markets. Solana has experienced growing activity from tokenized products, stablecoins, and decentralized protocol deployments. Nevertheless, numerous trading interfaces have failed to replicate the functionality found on centralized exchange platforms.

JTX facilitates trading of Solana-native assets, encompassing SOL, cbBTC, HYPE, memecoin tokens, and tokenized equity instruments. The system additionally supports exchange-traded fund products and other real-world assets integrated through blockchain infrastructure. JTX roadmap includes plans for perpetual futures markets, prediction market support, and mobile application access.

JTX Extends Solana Trading Capabilities With Diverse Asset Integration Solana registered robust decentralized exchange performance throughout the first half of 2026. The blockchain network secured substantial market share of worldwide spot DEX trading volume and executed considerable monthly transaction activity. Accordingly, JTX launches amid heightened demand for onchain trading solutions.

JTX leverages Jito’s established infrastructure to enhance trade execution throughout the Solana network. The platform builds upon Jito’s Block Engine technology, JitoSOL liquid staking, BAM infrastructure, and JTO governance token framework. JTX extends the protocol’s emphasis on efficient blockchain transaction processing.

The exchange implements a fee structure that channels revenue to the Jito DAO treasury. JTX allocates 80% of collected fees toward DAO-managed JTO token buybacks and burning operations. The remaining 20% compensates referral partners based on trading volume generated through their distribution channels.

JTX Reinforces Solana’s Leadership in Onchain Financial Markets Tokenized real-world asset integration on Solana has demonstrated consistent expansion as financial instruments migrate onchain. The blockchain network achieved billions in tokenized asset value by early July 2026. Tokenized equity trading activity registered substantial growth throughout the second quarter period.

JTX provides market participants with access to professional trading functionality while preserving blockchain-based asset ownership. The platform merges advanced execution features with self-custody principles for Solana ecosystem users. JTX targets enhanced trading experiences for participants pursuing decentralized market alternatives.

The platform debut establishes JTX as an additional trading infrastructure layer within the Solana ecosystem. It integrates Jito’s technological foundation with tools engineered for active digital asset marketplaces. Therefore, JTX bolsters Solana’s expanding influence in decentralized finance and tokenized asset exchange markets.

Oliver Dale

Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]

Pump.fun Token Hits 2-Month High as Ansem Reveals PUMP Buy

Southern Fund’s double-leveraged long ETFs tracking SK Hynix and Samsung Electronics both rose 15% at opening.

Southern’s 2x Long SK Hynix (07709.HK) and Southern’s 2x Long Samsung Electronics (07747.HK) both opened 15% higher.

3 minutes ago

The South Korean government plans to establish a legal framework for the issuance of Korean won stablecoins, and promote the internationalization of the Korean won.

According to South Korean media reports, the Financial Services Commission, Bank of Korea, Financial Supervisory Service, and Korea Securities Depository have jointly announced relevant plans, aiming to transform the South Korean won from a restricted-convertible currency to a freely convertible one and improve the cross-border capital flow system. Under the framework of the Digital Asset Basic Act, the South Korean government intends to clarify the issuance and circulation rules for KRW-denominated stablecoins, providing an institutional basis for the entry of KRW-pegged stablecoins into the market. Furthermore, the Bank of Korea will advance a pilot project combining institutional central bank digital currencies (CBDCs) with tokenized government bonds, and participate in the Bank for International Settlements (BIS)-led Project Agora to explore a digital cross-border payment system.

3 minutes ago

A user spent $1.23 million betting on Argentina to win the 2026 World Cup, ultimately suffering a loss of more than $1.22 million.

According to Lookonchain’s monitoring, Polymarket user gud.hl bought 12.354 million "Argentina to win the 2026 FIFA World Cup" prediction shares at an average cost of roughly $0.10, investing approximately $1.23 million. Should Argentina lift the 2026 World Cup trophy, this position would generate a maximum profit of around $12.35 million. However, amid shifting market expectations, the current price of these shares has fallen to about $0.001 apiece, leaving the position worth only approximately $6,177, a cumulative loss of roughly $1.223 million, or a 99.5% drop.

3 minutes ago

Analysis: South Korean chip stocks have fallen beyond their fundamentals; US tech giants' earnings reports may serve as a catalyst for a rebound.

Global semiconductor stocks have plunged sharply recently, with securities analysts noting that the price declines have far exceeded levels reflected by fundamentals. Lee Jaeman, a researcher at Hana Securities, stated: "Even when factoring in market concerns about the cyclical volatility of semiconductors, the recent sharp plunge in stock prices appears excessive." The researcher pointed out: "We believe the catalyst for a rebound in semiconductor companies' stock prices will be the financial results to be released successively by U.S. hyperscale cloud service providers starting from late July." He added: "The combined capital expenditure growth rate of Alphabet, Microsoft, Meta, and Amazon is projected to rise from 80% in Q1 2026 to 83% in Q2 and 92% in Q3." He also said: "Given the growth in investment demand, semiconductor companies can sustain high operating profit margins." (Jinshi)

3 minutes ago

Institutions: AI industry revenue has reached a critical tipping point, with hundreds of billions of dollars in AI investment starting to generate commercial returns.

According to a report from research firm Exponential View, the artificial intelligence (AI) industry has reached a critical revenue inflection point, marking initial validation of the business model where tech companies have poured hundreds of billions of dollars into building AI infrastructure in recent years. The report shows that AI-related revenue from global hyperscale and emerging cloud service providers has hit roughly $25 billion, marking the second consecutive quarter that this figure has exceeded the estimated depreciation costs of AI data centers and chips, which stand at around $21 billion. This milestone means revenue generated by the AI industry has started to offset cost pressures from infrastructure capital investment, as the AI economy transitions from an expansion phase relying solely on capital expenditure to a revenue validation stage. Exponential View notes that current AI revenue primarily stems from AI cloud services, GPU computing power rentals, large language model APIs, enterprise AI software, and generative AI applications. As corporate clients continue to increase their AI spending, AI commercialization is accelerating. However, the report also points out that the AI industry is still far from achieving high profitability. Due to high costs for GPUs, data centers, electricity, and model development, industry profit margins remain limited; current revenue is more about validating the sustainability of infrastructure investment rather than generating large-scale profits. The core competition in the AI industry will shift from "whether real demand exists" to "which companies can achieve large-scale profitability amid fierce competition". As model capabilities improve and costs decline, AI service prices may fall further, so enterprises need to boost profit margins through more efficient application scenarios and business models.

3 minutes ago

Allbridge Core was hacked, leading to the theft of over $1.1 million worth of USDC on the Solana blockchain.

According to monitoring by OnchainLens, cross-chain protocol Allbridge Core was attacked on the Solana blockchain. The attacker stole over $1.1 million by manipulating the exchange rate of its stablecoin pool. The attacker first took out a $1.12 million USDC flash loan from Kamino, then altered the liquidity ratio of Allbridge’s stablecoin pool via rapid USDC/USDT swaps, exploited the manipulated exchange rate to withdraw liquidity, and repaid the flash loan in the same transaction. Currently, the attacker has transferred approximately $1.1 million and mixed the funds using a privacy protocol. The maximum single withdrawal limit for Allbridge Core is around $2.24 million USDC, and analysis of the vulnerability is still ongoing.

3 minutes ago

Do trades fill better on Solana than on Coinbase? JTX's new Good Trade feature puts that to the test on every order.

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Jito launched JTX yesterday, bringing a new self-custodial trading platform to Solana just as onchain speculation intensifies again. Founder Lucas Bruder (you may know him as buffalu) joined the podcast alongside the launch to explain why the team that spent years building Solana's backend now believes it can build the frontend traders use.

After months of attention tilting toward Hyperliquid, SOL has outperformed every other major, including HYPE, over the past month while ANSEM pulled traders back into the trenches. But Hyperliquid is no longer the only rival. Robinhood Chain is drawing speculative volume of its own, and it arrives with retail distribution neither Solana nor Hyperliquid can match.

Solana's problem was never capability. It has the assets, the liquidity, and the execution. What it lacks is coherence. Trading on Solana still means moving between wallets, aggregators, charting platforms, portfolio trackers, meme terminals, and individual protocols. Useful as those are, they leave the chain without a single professional front door.

Jito wants JTX to be that gateway: one interface that unifies Solana trading and proves it's simply better trading onchain here compared to offchain.

— Bankless (@Bankless) July 15, 2026 What Is JTX?JTX is Jito's new self-custodial trading platform, initially focused on spot markets across majors and established speculative assets (not lowcap memes).

It's not the first platform to try to organize Solana trading. Axiom already serves much of its meme economy, while wallets and aggregators reach many of the same markets.

JTX's pitch rests less on inventing a new interface than on where Jito started.

If Solana were a building, Jito has spent years behind the walls, working on the plumbing and electrical systems that keep activity humming. Its infrastructure already shapes whether trades land quickly and reliably.

JTX turns those years of learning what makes the network tick into a clean consumer product with the execution to match, built for a trader Bruder calls "the prosumer," i.e. someone who wants Solana's speculative breadth with the tools and presentation of a professional exchange.

JTX's wager is that a team that understands Solana from the inside can build a better way to trade on its surface, and pull more users onto it in the process.

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— Bankless (@Bankless) July 15, 2026 Who Is JTX Competing With?Bruder does not treat Jupiter, Pump.fun, or the protocols feeding JTX's liquidity as the real competition. Those are pieces of the Solana stack JTX packages. The target he names is grander: centralized exchanges, and eventually Nasdaq and the New York Stock Exchange.

The whole thesis turns on one conviction: a trade can fill better on Solana than on Coinbase or Kraken. Jito builds that claim straight into the product. Through a feature called "Good Trade," JTX runs your order against the major centralized exchanges at the moment you trade and shows how the onchain fill compared and how much you saved.

— buffalu (@buffalu__) July 13, 2026 Two things make the claim credible. Solana's execution has matured to where onchain prices now rival a centralized exchange's. And Jito knows the network better than anyone routing across it from the outside: where trades get slow, where they get sandwiched, and which routes quietly cost users money. JTX routes around all of it.

None of this edge comes from special access. JTX gets no preferential treatment from Jito's infrastructure. The advantage is knowledge, not privilege, which is why Good Trade matters. It benchmarks every fill against the exchanges in real time, so no one has to take this edge at their word. Bruder says early results already show majors are cheaper to trade on Solana. If the onchain fill isn't better, the feature says so. Jito is grading its own execution in public, one trade at a time.

What Comes Next and Where JTO FitsFor all that ambition, JTX launches with spot alone. Tokenized equities, perpetuals, and prediction markets come later.

Bruder is particularly focused on tokenized equities, JTX's clearest bridge beyond crypto-native trading. Solana already hosts multiple versions of the same stocks across issuers and liquidity pools. JTX hopes to hide that fragmentation behind a cleaner equity-trading experience.

As JTX adds markets, its growth also feeds Jito's token economics. Under JIP-38, a governance proposal put forward alongside the launch, 20% of platform fees would fund continued development while the DAO's 80% share would go toward programmatic JTO buybacks and burns through at least Q4 2027. That's the right mechanism for value accrual, though its impact depends on JTX's fee rate and whether the product attracts meaningful volume.

JTX was built to give users access to the markets that live on winning infrastructure.

The value it creates should flow back to the Network.

JIP-38 proposes directing 100% of the DAO’s share of JTX fees towards buying back and burning $JTO programmatically for 1 year. https://t.co/Eq0kNySNYL

— JTX (@jtx_trade) July 13, 2026 Bruder himself is unbothered by Robinhood. He calls its distribution "incredible," notes Solana's is strong too, and is open to integrating other chains eventually, just not yet. His ambition runs past any single rival: to let users "trade any asset in the world," on Solana first and maybe beyond. The pressure is real, but it is distribution, not any one chain, that JTX has to answer.

Hyperliquid demonstrated what happens when a blockchain and its flagship trading product feel like one integrated system. Robinhood Chain is now testing whether a consumer brand with real distribution can pull the same trick from the outside. JTX is Solana's answer: packaging its much broader speculative economy into a similarly coherent product.

Its first challenge is making that economy feel like one professional market. Its larger one is proving, through the fills displayed inside Good Trade, that Jito's backend expertise can produce a frontend traders choose over existing onchain environments, and eventually the centralized exchanges against which JTX grades itself.

Jito Declares War on Coinbase & Binance | Lucas Bruder on the Launch of JTX on Bankless

Onchain trading infrastructure is reaching a point where it can seriously compete with centralized exchanges.

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Jito [JTO] crashed after facing rejection at $0.8, declining to a low of $0.58. Buyers then stepped in at the $0.6 support, defending this key level. As a result, at press time, Jito was trading at around $0.665 after rising 11.5% on the daily charts. 

Over the same period, the altcoin’s trading volume climbed 42% to $41.3 million, while the market cap reclaimed a spot in the top 100.

Jito records renewed speculative demand After JTO dropped to  $0.58, buyers returned to the market with strength. This demand was especially elevated on the derivatives side. 

Source: CoinGlass At the time of writing, Derivatives Volume surged 86% to $80 million, while Open Interest (OI) climbed 21% to $65 million. As both OI and volume increased, traders opened new positions, indicating increased participation.

The capital flowed mostly into the perps’ positions. According to Coinalyze, Jito recorded 16 million in Buy Volume compared to 14.6 million in Sell Volume. 

Source: Coinalyze As a result, the perps’ net buying rose to 1.4 million. A positive delta here suggests traders opened more positions than closed.

Such market behavior pointed towards higher speculation. Often, such market conditions have preceded price pumps, especially in the short term. 

Profit takers could spoil JTO’s rally  As expected, after Jito reversed the trend, some holders who had been underwater rushed into the market and cashed out.

According to CoinGlass data, the altcoin recorded $5.19 million in spot inflows compared to $4.42 million in outflows. As a result, the spot net flow jumped 364% to $765k.

A positive netflow suggested more assets flowed into exchanges, meaning more sellers were active. Typically, increased profit-taking has weakened market structure, leading to a retracement.

Can JTO’s upside momentum hold? Jito made significant gains as buyers stepped in. As a result of renewed demand, the altcoin Relative Strength Index (RSI) rose from 42 to 48 as of writing.

While the RSI continued to rise, the signal line dropped to 50. This suggests that although demand has recovered, it remains insufficient for bulls to fully retake the market.

Source: TradingView Therefore, to validate this upside move, buyers need to push for the RSI to flip 50. In doing so, the altcoin will be strong enough to flip the 20-day EMA at $0.67 and target $0.70.

However, with sellers remaining extremely active, profit-taking could push the altcoin back below $0.59.

Final Summary Jito surged 11% and successfully defended $0.6, touching a local high of $0.668 before slightly retracing.  JTO saw renewed speculative demand, driving the upside momentum, but profit-taking followed, threatening these gains. 

Jito DAO just put its money where its tokenomics are. The protocol has introduced JIP-38, a governance proposal that would channel 100% of Jito’s 80% revenue share from its upcoming JTX Trade platform directly into automated buybacks and burns of the JTO token, with a minimum commitment of one year.

What JIP-38 actually does The mechanics are straightforward, even if the implications are not. JTX Trade, Jito Labs’ forthcoming self-custodial trading terminal built on Solana, will generate trading fees. Under the current structure, Jito DAO receives an 80% cut of those fees.

JIP-38 proposes taking that entire 80% share and routing it into a programmatic mechanism called a Rev Splitter. The Rev Splitter would automatically purchase JTO tokens on the open market and then burn them, permanently removing them from circulation.

In English: every dollar of fee revenue Jito earns from JTX Trade gets used to buy JTO and destroy it. No treasury allocation debates, no discretionary spending. Just automated supply reduction, running for at least one year through Q4 2027.

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The on-chain nature of the Rev Splitter means anyone can verify the buybacks in real time.

JTX Trade and Jito’s product evolution To understand why JIP-38 matters, you need to understand what JTX Trade represents for Jito’s broader strategy. The protocol built its reputation on Solana infrastructure: the Jito Block Engine handles MEV (maximal extractable value) optimization, and JitoSOL is one of the most widely adopted liquid staking tokens on the network, used by entities as large as Coinbase.

JTX Trade is a self-custodial trading terminal designed for what Jito describes as “pro-retail” users, essentially experienced individual traders who want institutional-grade tools without giving up custody of their funds. The platform was announced in May 2026, with a launch window targeting July 2026.

Initially, JTX Trade will focus on spot trading. The roadmap extends into perpetual futures and even prediction markets.

The buyback playbook in DeFi JIP-38 didn’t emerge in a vacuum. Jito’s community has been debating fee allocation strategies for months. A previous proposal, JIP-24, also centered on routing fees toward buybacks, suggesting this is a conversation the DAO has been iterating on rather than a sudden decision.

By locking in the policy for at least one year, Jito is essentially telling the market: we believe JTX Trade will generate enough fees to make this worthwhile, and we’re willing to stake our treasury allocation on that conviction.

What this means for JTO holders and the broader market For current JTO holders, if JTX Trade generates substantial trading volume, the automated buybacks create persistent buying pressure on JTO while simultaneously removing tokens from circulation.

There’s also a governance dimension worth watching. JIP-38 positions Jito as one of the most explicitly “shareholder-friendly” DAOs in crypto. By making every fee dollar traceable and every buyback verifiable on-chain, the protocol is creating a level of financial transparency that most traditional companies would struggle to match.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Jito has proposed a governance overhaul that would direct 100% of the DAO’s JTX revenue share toward open-market JTO buybacks and permanent token burns through at least Q4 2027.

Summary

Jito has proposed using DAO revenue for JTO buybacks and permanent token burns through Q4 2027. JIP-38 would place most protocol revenue under DAO control, with JTO holders governing allocations. JTO rose as much as 8% after the governance proposal was unveiled, according to crypto.news. According to a governance proposal published by Jito on July 13, the protocol has introduced JIP-38, which would formally classify Jito as a token-centric network where nearly all major network revenue flows to the decentralized autonomous organization and remains under the control of JTO token holders.

JIP-38 is now live.

Value should live with the Network. This proposal formally establishes Jito as a token-centric network, committing 100% of the Jito DAO's revenue share from @JTX_trade to programmatic buyback and burns of $JTO for at least 1 year from JTX launch.

— Jito (@jito_sol) July 13, 2026 The proposal triggered an immediate market reaction, with Jito (JTO) climbing as much as 8% shortly after its release, according to data from crypto.news.

Revenue would be redirected to JTO holders Under JIP-38, Jito proposes using the DAO’s entire share of JTX revenue to buy JTO tokens on the open market before permanently removing those tokens from circulation. According to the proposal, this arrangement would remain in place for at least one year, extending through the fourth quarter of 2027.

One exception remains in the framework. The proposal states that 20% of JTX platform fees would continue to be reinvested into JTX development rather than being allocated to buybacks and burns. Jito said the remaining major revenue streams would continue flowing through the DAO under governance controlled by JTO holders.

To carry out the program, the proposal calls for buybacks to be executed automatically through a Rev Splitter mechanism overseen by the project’s Dev Council. Alongside the automation process, Jito plans to update its governance documentation so the protocol’s operating model formally recognizes the token-centric structure.

According to JIP-38, existing revenue allocation commitments would be completed before a comprehensive review of protocol fee streams takes place in Q4 2027.

During that review, governance participants would evaluate the performance of token buybacks, ecosystem incentives, and other capital allocation methods before JTO holders vote on the network’s next long-term revenue framework.

Governance changes extend beyond token burns Beyond the buyback program, JIP-38 outlines several operational changes intended to support the new revenue structure. According to the proposal, the Rev Splitter would become progressively more automated while governance records would be updated to match the revised economic model.

Jito also stated in the proposal that the framework is designed so value generated across the network accrues to the JTO token instead of external corporate entities. Any future changes to revenue allocation after Q4 2027 would require approval through governance voting by JTO holders.

The proposal arrives as Jito continues expanding its presence across the Solana ecosystem. Earlier this year, as previously reported by crypto.news, 21Shares launched the 21Shares Jito Staked SOL ETP (JSOL) on Euronext Amsterdam and Euronext Paris.

The issuer said the product provides regulated exchange-traded exposure to Solana through JitoSOL while embedding staking rewards, allowing investors to access the asset through traditional brokers and banks without managing wallets or staking infrastructure.

Institutional support for the protocol has also grown over the past year. As previously reported by crypto.news, Andreessen Horowitz’s (a16z) crypto division invested $50 million in Jito to help expand the Solana staking protocol’s ecosystem.

The investment included an allocation of JTO tokens to the venture firm, adding another high-profile backer as the protocol seeks approval for its latest governance proposal.

Report: Stablecoin cross-border payment exchange rates were consistently lower than interbank rates in Q2, with routing optimization emerging as the largest cost variable.

Cross-border payment infrastructure platform Borderless.xyz released its Q2 2026 Benchmark Report, showing that stablecoin cross-border payments throughout the quarter had actual exchange rates better than the Interbank FX Rate, achieving a rare negative premium in the traditional cross-border payment system. Data shows the median "Parity Gap" for stablecoin payments in Q2 was -3.2 basis points, further widening to -5.9 basis points in June, meaning users’ final transaction rates were more favorable than the interbank mid-rate. Meanwhile, the average cost of sending a $10,000 cross-border payment remained around $27, staying largely stable for five consecutive months. The report notes that as stablecoin cross-border payment costs converge, payment routing has become the largest area for enterprises to optimize costs. If enterprises rely long-term on a single payment provider instead of dynamically selecting the best quote, they will pay an average of ~$2,330 extra per $1 million transferred, a phenomenon Borderless terms the "Routing Tax." Additionally, price differences between stablecoins across payment corridors remain significant. For example, in Peru’s payment corridor, USDC has long maintained a ~99 basis point price advantage over USDT; in the Brazilian real corridor, the lowest-quote provider changed 34 times in 88 days, an average of every 2.6 days. Regionally, payment costs in Latin America and Asia remained stable, while Africa saw the most volatility. Notably, the Malawi payment corridor’s spread once widened to 1,975 basis points, and the spread for Ghana’s USDC payment corridor rose 596% quarter-over-quarter. Borderless states that stablecoin cross-border payments have entered a competition-driven phase, and payment providers’ smart routing capabilities will be a key competitive advantage for enterprises to reduce costs going forward.

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Jito Network announced that it will use all revenue from JTX to repurchase JTO over the next year.

Jito Network announced it will allocate 100% of its JTX platform revenue sharing proceeds to repurchase and burn JTO tokens for at least the next year. Per the announcement, all gains from JTX revenue sharing will be continuously used to buy back JTO on the secondary market, with the repurchased tokens permanently burned to reduce circulating supply.

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Bank of Thailand tightens stablecoin regulation, focusing on investigating large abnormal USDT transactions.

The Bank of Thailand (BOT) has begun using data analysis tools to screen for anomalous large-value transactions in the stablecoin market, focusing on Tether-issued USDT, to crack down on illegal fund flows and "gray economy" activities. BOT Governor Vitai Ratanakorn said initial screening has found some transactions suspected of deliberately evading disclosure requirements or transferring funds by bypassing the traditional banking system. As regulatory authority over digital assets falls under Thailand’s Securities and Exchange Commission (SEC), the BOT will refer relevant leads to the SEC for further investigation. The stablecoin probe is part of Thailand’s campaign to combat the "gray economy". Since April this year, Thailand has required banks to verify the purpose of cash withdrawals exceeding 5 million baht (about $150,000) per transaction, leading to a roughly 35% drop in large cash withdrawals. Starting in the fourth quarter, large cash deposits will also be required to declare their source of funds. Regulators have also tightened oversight over gold trading, large cash exchanges, and "money mule accounts" linked to online gambling, with monthly gold withdrawals falling from around 4,000 kg to roughly 700 kg. In recent years, Thailand has stepped up its crackdown on crypto-related crimes. Police recently dismantled a cross-chain money laundering network, where the involved wallets transferred over $122.5 million in funds within 10 months, and are still investigating a $300 million cross-border money laundering case and illegal crypto mining operations. Meanwhile, Thailand is advancing the development of a compliant crypto market: the Thai SEC has proposed a three-year development plan covering tokenized assets and crypto ETFs, while the BOT is pushing forward research and development of a baht-pegged stablecoin as part of financial infrastructure upgrades.

1 seconds ago

U.S. semiconductor equipment sector sees broad declines, with KLAC down 3.38%.

According to Bit.com market data, the US semiconductor equipment sector saw broad declines, with individual stocks performing as follows: Applied Materials (AMAT) fell 3.34%, Onto Innovation (ONTO) dropped 4.00%, Lam Research (LRCX) declined 4.64%, KLA (KLAC) fell 3.38%, Teradyne (TER) dropped 3.28%, and Entegris (ENTG) declined 4.95%.

1 seconds ago

The US stock market's optical communication sector fell broadly, with MRVL dropping more than 7%.

According to Bit.com's market data, the U.S. optical communications sector saw broad declines, with individual stocks as follows: MRVL down 7.01%, LITE down 4.59%, Nokia down 5.99%, Corning down 3.76%, and AXTI down 11.85%.

1 seconds ago

Houthi armed forces accused Saudi Arabia of airstriking Sanaa Airport, claiming the first direct flight from Iran in nearly a decade was blocked.

According to a Reuters report, Yemen’s Houthi forces accused Saudi Arabia of launching an airstrike on Sanaa International Airport, claiming the attack aimed to prevent a passenger plane from Iran from landing. The Houthis noted this was the first publicly announced direct Iran-Sana flight in nearly a decade. Saudi Arabia has not yet confirmed carrying out the airstrike. Houthi spokesman Yahya Sarea stated that Saudi Arabia launched multiple airstrikes on Sanaa Airport, marking the end of the previous de-escalation phase between the two sides, and warned Saudi Arabia would bear corresponding consequences. The Houthis subsequently announced full mobilization, warning that if further military strikes were launched, they might target airports and strategic facilities in Saudi Arabia. The report added the incident occurred shortly after an Iranian passenger plane arrived at Sanaa Airport. The Yemeni government and the Saudi-led coalition believe the flight is linked to Iran’s Islamic Revolutionary Guard Corps (IRGC) and violates relevant UN resolutions; the Houthis, however, said the flight was for civilian and humanitarian purposes. Analysts believe the incident could further undermine the relatively fragile ceasefire that has held since 2022 and raise risks to Red Sea shipping.

1 seconds ago

Stripe subsidiary Privy has partnered with Solana infrastructure firm Jito Labs on a new transaction certainty tool called FullSend, which will help ensure that transactions sent from Privy wallets are included in Solana blocks "as fast as the network allows," according to an announcement shared with The Block.

FullSend was co-developed by Privy and Jito, one of the most prominent Solana infrastructure firms, and has reportedly been running unannounced in production inside Privy since the beginning of the year. Since January, FullSend has achieved 99.999% landing reliability across millions of transactions.

"Transaction landing on Solana became more complicated than it ever needed to be — tips, priority fees, picking the right endpoint. We wanted to make that entire decision disappear for developers,” Privy CTO Asta Li said in the statement.

FullSend works by automatically routing every transaction signed in a Privy wallet directly to the current and upcoming Solana leaders through Jito’s low-latency network. Solana rotates block building leaders roughly every 400 milliseconds per slot, following a predetermined schedule based on stake.

In addition to helping ensure inclusion, the system also bypasses any Maximal Extractable Value (MEV) risks, like bots front-running, sandwiching, or censoring transactions.

According to the announcement, FullSend cuts Privy’s inclusion latency for transactions to 50 milliseconds, “putting transactions in front of leaders before the competition.” Traditionally, Solana wallets send transaction information to a public or hosted RPC node, which then broadcasts it to the network — a process that takes at least 200 ms.

"The best applications on Solana win or lose on how fast and reliably their transactions land — that's the whole game,” Jito Labs CEO Lucas Bruder said. “FullSend is our answer at the infrastructure layer: straight to the leader, standard priority fees, MEV protection by default.”

The announcement notes the solution is especially geared toward fintechs, market makers, and other institutional Solana users who need speed and certainty when transacting on a blockchain.

Earlier this year, Privy partnered with Alchemy on an institutional onboarding solution. Privy counts fintechs like Klarna, Ramp, and Deel as users, as well as Hyperliquid, and claims 140 million accounts that process billions of dollars in monthly volume.

Stripe, which is also co-developing the stablecoin-focused Layer 1 blockchain Tempo, acquired Privy in 2025 following its $1.1 billion acquisition of Bridge.

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

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Crypto-related stocks in U.S. markets continued their rally during trading hours, with MARA surging 15.27%.

According to market data from BIT (bit.com), US-listed crypto-related stocks continued to strengthen during intraday trading. Details: Strategy (MSTR) rose 2.11%; Circle (CRCL) gained 0.83%; MARA Holdings (MARA) surged 15.27% after announcing the acquisition of a Texas-based 2000MW computing power park project company for up to $600 million; Riot Platforms (RIOT) climbed 6.1%.

1 seconds ago

JPMorgan: The biggest risk for Bitcoin is not Strategy’s sell-off, but blockchain adoption that bypasses public chains and tokens.

JPMorgan Chase’s analyst team noted that the market views Strategy’s Bitcoin sale plan as a key risk for the crypto sector, but it is not a major structural threat to Bitcoin. The more fundamental risk lies in tokenization, payments, and settlements increasingly taking place on permissioned infrastructure that does not rely on public blockchains. If this trend continues, the entire crypto ecosystem could face a "structural downgrade"—marked by slower transaction activity, reduced liquidity, and weaker capital inflows—ultimately weighing on Bitcoin. The analysts stated bluntly: "In our view, a more significant risk stems from the way blockchain is adopted in traditional finance, which continues to bypass public, permissionless networks." The analysts explained that institutional adoption so far has clearly favored permissioned chains, as they offer advantages in privacy, KYC/AML controls, governance, throughput, legal accountability, and regulatory certainty, posing a competitive threat to public blockchains like Ethereum. If tokenized deposits are widely adopted—especially in non-transferable forms favored by regulators—it could reduce demand for stablecoins in institutional payments and settlements; SWIFT’s blockchain initiative and central bank digital currency (CBDC) projects such as the digital euro and digital renminbi further strengthen regulated alternatives. In the roughly $500 billion tokenized real-world assets market, while Ethereum currently holds a certain share, this likely reflects early-stage experimentation rather than the market’s long-term structure. As institutional adoption grows, issuance, custody, settlement, and lifecycle management will likely be conducted more on private or permissioned infrastructure that meets requirements for identity, confidentiality, and operational resilience, with public blockchains used only for distribution and limited secondary trading.

1 seconds ago

Security Warning: Abnormal on-chain fund flows detected for the CodexField project on BNB Chain.

On-chain investigator Specter has issued a community security alert, warning of potential fund misappropriation risks associated with the CodexField project on BNB Chain. On-chain tracking shows the project has amassed over $85 million in funds. Specter detected abnormal on-chain fund flows yesterday: a wallet bridged 17.3 million USDT from TRON to Ethereum, then swapped the tokens for DAI via Bitget Swap on Polygon. So far, $6.5 million has been transferred out, while the remaining $10.8 million is still in transit. The funds were originally bridged from Ethereum to TRON roughly six months ago, and the source wallet is linked to CodexField’s deposit contract. Below are key addresses for users to verify on their own: EVM: 0xBc606358910b3720d136F0d4Ce12b759C270747a TRON: TQNTEYadFVVQeobBtctSjurJ5RpfBsTmqh, TAzpg8L1WkkzCxxZk8TYnvaRYahehh52MK Related deposit contract: 0x9E6A75b546B65E7B9D34E2c9aB8Fe224B9aA52AA Additional red flags: The project requires a minimum $100 deposit for participation. Blockchain security tool Blocksec MetaSuites initially labeled the deposit contract as "Fake CodexField", but Specter’s follow-up investigation found the contract is actually operated by the CodexField team itself. The project uses multiple domains and subdomains to collect user deposits, and the team previously shared these domains via official channels. Its fund flow pattern is unusual, deviating from standard fund management practices: the project bridges funds across multiple blockchains, routes them through intermediate wallets, and ultimately sends assets to centralized exchanges. Specter noted that based on on-chain activity, the project warrants high vigilance. It advises all users interacting with CodexField to exercise extreme caution until the team provides a transparent explanation of its fund movements.

1 seconds ago

Post-quantum cryptography management platform QIZ Security closes $17 million seed round.

QIZ Security, a crypto posture and post-quantum cryptography (PQC) management platform, announced the completion of a $17 million seed funding round, led by Bessemer Venture Partners and Merlin Ventures, with participation from Evolution Equity Partners, Qbeat Ventures, Singtel Innov8, and Qino Cyber Capital. The capital will be used to accelerate product R&D and market expansion. QIZ Security was co-founded by Ben Volkow, Lenny Ridel, and Itan Barmes; the team has years of experience in cybersecurity, enterprise services, and post-quantum transformation, with Barmes previously leading Deloitte’s global quantum cybersecurity readiness team. Its platform helps enterprises identify and assess crypto asset risks and implement remediation measures, and is currently applied in industries including finance, telecommunications, healthcare, and critical infrastructure. It has also established partnerships with Cisco, AWS, Google, CrowdStrike, Deloitte, EY, and IBM, among others.

1 seconds ago

Hyperliquid recommends that the U.S. Commodity Futures Trading Commission (CFTC) formally recognize that on-chain protocols are not required to register, and non-custodial wallets do not serve as financial intermediaries.

Hyperliquid Policy Center (HPC) and Phantom have jointly submitted comments to the U.S. Commodity Futures Trading Commission (CFTC) in response to the agency’s request for feedback on whether existing rules keep pace with the evolution of financial technology, proposing to explicitly extend the distinction between "building tools" and "operating regulated businesses" to on-chain markets. The comments note that software engineers have been developing matching engines for regulated futures trading platforms for decades, and the CFTC has never classified them as trading platform operators. However, developers in the digital asset sector have long lacked such clarity, forcing many to opt for offshore development. The current CFTC, led by Chairman Selig, is working to address this gap and carve out room for innovation for fintech firms in digital asset and derivatives markets. The two entities put forward three key recommendations: First, explicitly confirm that merely publishing on-chain protocol software itself does not require registration — a factor often decisive for engineers when choosing where to develop. Second, establish a clear path for the CFTC’s registration bodies to operate regulated functions using on-chain infrastructure, enabling trading platforms and clearinghouses to replace decades-old legacy systems with transparent infrastructure. Third, formalize Phantom’s recent no-action letter into official rules, eliminating the need for self-custody wallet providers to apply for approved exemptions on a case-by-case basis. HPC and Phantom stress that self-custody and transparent on-chain systems can embed investor protection directly into technology, while regulated intermediaries retain responsibility for issues that technology cannot resolve independently. This approach will bring the next generation of financial markets within reach of U.S. consumers.

1 seconds ago

Micron raises its U.S. investment plan to $250 billion, betting on demand for AI memory chips.

Micron Technology plans to increase spending on its new U.S. factory to $250 billion to meet the surging demand for memory chips driven by the global artificial intelligence boom. The move adds $50 billion to Micron’s previously announced $200 billion commitment to expanding domestic U.S. chip manufacturing, covering projects in New York, Idaho, and Virginia. The expenditure is expected to run through 2035, and will help the company achieve its target of producing 40% of its DRAM products in the U.S. within the next decade.

1 seconds ago

PI Posts Worst Weekly Return in CMC Top 100@PiCoreTeam's native token $PI has emerged as the weakest performer across CoinMarketCap's top-100 assets over the past seven days, shedding approximately 9% during the period. The decline extends a painful run for the token: Pi Network reached an all-time high of $2.99 and is now trading roughly 96% below that peak. The price has been testing key support near $0.12 amid heavy token unlocks.

A persistent supply overhang is a central concern. Over 127 million PI tokens are set to unlock within 30 days, creating significant sell-pressure risk, and technicals remain bearish with price below the 20-day, 50-day, 100-day, and 200-day EMAs. The backdrop is notable given that the @PiCoreTeam launched three new products on June 28 during its annual Pi2Day event. The launches, branded PiVerify, Pi Sign-in, and SoloHost, are intended to pivot the project toward AI and identity infrastructure. PiVerify opens the network's KYC system, used to verify over 18 million users, to external businesses that must pay for the service in PI tokens. Despite the product announcements, the token failed to find buying support, with price continuing to drift lower through the week.

JTO and CC Round Out the Weekly Laggards@jito_sol's $JTO and @CantonNetwork's $CC followed PI as the next worst performers on CMC's top-100 list over the same period. Jito is a liquid staking and maximum extractable value (MEV) protocol for the Solana network, designed to help decentralize Solana by spreading stake across the network. JTO serves as the governance token of the Jito protocol, putting decision-making in the hands of the community. The token faces its own structural headwinds: network stress events on Solana can weigh on sentiment and TVL across Solana DeFi, directly hurting Jito's fee income, while ongoing token unlocks continue to add sell-side pressure.

The broader picture reflects a difficult stretch for mid and large-cap altcoins, with token unlock schedules and weak demand compounding downside pressure across several projects in the top 100.

Sources
CoinMarketCap: Latest Pi Network Updates
CoinGecko: Pi Network (PI) Price and Market Data
CoinMarketCap: Jito (JTO) Price and Market Data

Market activity across the Jito network has accelerated significantly of late. 

The protocol has generated $1.75 billion in gross revenue, making it one of the strongest-performing projects in the Solana ecosystem. Most of that revenue—about 81%—came from MEV rewards, while staking rewards accounted for the remainder.

These metrics suggest Jito’s infrastructure is handling more economic activity as users continue to rely on the protocol for staking and MEV services. That’s not all though as that growth is also beginning to show up elsewhere.

Source: DefiLlama Is the revenue growth translating into user activity? In fact, network participation has strengthened over the past few days too.

The number of active addresses registered a major hike, pointing to significant engagement across the ecosystem. At the same time, trading volume expanded by nearly 90% to $102 million over the last 24 hours.

These metrics often move together.

More active addresses usually indicate broader user participation, while an uptick in trading volume often means capital may be flowing back into the market. Together, they seemed to paint a picture of increasing network activity rather than a short-lived spike in speculation.

That makes the recent revenue milestone more meaningful too. It is evidence that the protocol isn’t just attracting attention—it is also generating sustained economic activity.

Source: Santiment Is the market beginning to recognize that growth? Well, the improving fundamentals are now starting to appear on the chart too.

After spending months consolidating, JTO broke above a bullish flag pattern on the daily timeframe. Since then, the price has continued to respect an ascending trendline that has produced multiple rebounds since early May.

If the momentum holds, the trendline resistance could be the next target for the token’s buyers.

In fact, the technical structure appeared to be catching up with what on-chain data has been showing for weeks. Whether the breakout develops into a larger rally will ultimately depend on whether network activity continues to expand.

At the time of writing, the latest metrics hinted at a bullish run continuation. Revenue has been growing, users are becoming more active, and trading participation registered a hike too.

In other words, the recent price breakout may simply be the market beginning to reflect those improving fundamentals.

Source: TradingView Final Summary Jito generated $1.75 billion in protocol revenue, highlighting sustained network usage. Hike in active addresses and a $50 million uptick in trading volume coincided with JTO’s breakout above a multi-month bullish flag.

Bullish JTO price prediction for 2026 is $2.272 to $3.293. Jito (JTO) price might reach $10 soon. Bearish JTO price prediction for 2026 is $1.043. In this Jito (JTO) price prediction 2026, 2027-2030,  we will analyze the price patterns of JTO by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.

TABLE OF CONTENTS

INTRODUCTION

Jito (JTO) Current Market StatusWhat is Jito (JTO)? Jito (JTO) 24H Technicals JITO PRICE PREDICTION 2026

Jito (JTO) Support and Resistance Levels Jito (JTO) Price Prediction 2026 — RVOL, MA, and RSI Jito (JTO) Price Prediction 2026 — ADX, RVIComparison of JITO with BTC, ETH JITO PRICE PREDICTION 2027, 2028-2030CONCLUSIONFAQ Jito (JTO) Current Market Status Current Price $0.6658 24 – Hour Price Change 1.92% Up 24 – Hour Trading Volume $53.97M Market Cap $323.88M Circulating Supply 487.03M JTO All – Time High $5.61 (On Dec 07, 2023)   All – Time Low $0.2178 (On Feb 06, 2026)   JTO Current Market Status (Source: CoinMarketCap) What is Jito (JTO) TICKERJTOBLOCKCHAINSolanaCATEGORYLiquid Staking & MEVLAUNCHED ONDecember 2023UTILITIESStaking, Liquidity, Governance, MEV Rewards, Yield Jito (JTO) is a liquid staking and MEV-sharing protocol built on Solana. It enhances staking efficiency by allowing users to stake SOL while maintaining liquidity through JitoSOL, a liquid staking derivative. This enables users to earn staking rewards while participating in DeFi without locking up their assets.

Jito also optimizes Solana’s transaction processing by using a sophisticated MEV (Maximal Extractable Value) infrastructure, which allows validators and searchers to share profits from optimized transaction ordering. This improves network efficiency and rewards stakeholders, including JitoSOL holders.

The JTO token governs the Jito DAO, giving holders decision-making power over protocol parameters and treasury management. Since its launch, Jito has gained traction due to its innovative approach to staking and MEV revenue distribution. It plays a crucial role in Solana’s DeFi ecosystem, offering enhanced rewards, decentralization, and network performance.

Jito 24H Technicals Jito (JTO) ranks 97th on CoinMarketCap in terms of its market capitalization. The overview of the Jito price prediction for 2026 is explained below with a daily time frame.

JTO/USDT Horizontal Channel Pattern (Source: TradingView)

In the above chart, Jito (JTO) laid out a Horizontal channel pattern. The Horizontal channel pattern is also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line that connects the highs, and the lower trendline, the line that connects the lows, run horizontally parallel, and the price action is contained within it. 

A horizontal channel is often regarded as one of the suitable patterns for timing the market, as the buying and selling points are in consolidation.

At the time of analysis, the price of Jito (JTO) was recorded at $0.6658. If the pattern trend continues, then the price of JTO might reach the resistance levels of $2.423 and $3.892. If the trend reverses, then the price of JTO may fall to the support levels of $1.937 and $1.530.

Jito (JTO) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Jito (JTO) in 2026.

JTO/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Jito (JTO) for 2026.

Resistance Level 1$2.272Resistance Level 2$3.293Support Level 1$1.517Support Level 2$1.043 JTO Resistance & Support Levels

Jito (JTO) Price Prediction 2026 — RVOL, MA, and RSI The technical analysis indicators, such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (JTO) are shown in the chart below.

JTO/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Jito (JTO) market in 2026.

INDICATORPURPOSEREADINGINFERENCE50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $1.867Price = $1.993
(50MA < Price)Bullish/UptrendRelative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions58.247
<30 = Oversold
50-70 = Neutral>70 = OverboughtNeutralRelative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak volume Jito (JTO) Price Prediction 2026 — ADX, RVI In the below chart, we analyze the strength and volatility of Jito (JTO) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

JTO/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Jito (JTO).

INDICATORPURPOSEREADINGINFERENCEAverage Directional Index (ADX)Strength of the trend momentum24.392Weak TrendRelative Volatility Index (RVI)Volatility over a specific period53.89
<50 = Low
>50 = HighHigh volatility Comparison of JTO with BTC, ETH Let us now compare the price movements of Jito (JTO) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs JTO Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of JTO is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of JTO also increases or decreases, respectively.

Jito (JTO) Price Prediction 2027, 2028 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Jito (JTO) in 2027, 2028, 2029, and 2030.

Year Bullish Price Bearish PriceJito (JTO) Price Prediction 2027$15$1Jito (JTO) Price Prediction 2028$20$0.9Jito (JTO) Price Prediction 2029$25$0.8Jito (JTO) Price Prediction 2030$30$0.7 Conclusion If Jito (JTO) establishes itself as a good investment in 2026, this year will be favorable to the cryptocurrency. In conclusion, the bullish Jito (JTO) price prediction for 2026 is $3.293. Comparatively, if an unfavorable sentiment is triggered, the bearish Jito (JTO) price prediction for 2026 is $1.043. 

If the market momentum and investors’ sentiment positively elevates, then Jito (JTO) might hit $10. Furthermore, with future upgrades and advancements in the Jito ecosystem, JTO might surpass its current all-time high (ATH) of $5.61 and mark its new ATH. 

FAQ 1. What is Jito (JTO)? Jito (JTO) is a liquid staking and MEV-sharing protocol built on Solana. It enhances staking efficiency by allowing users to stake SOL while maintaining liquidity through JitoSOL, a liquid staking derivative.

2. Where can you purchase Jito (JTO)? Jito (JTO) has been listed on many crypto exchanges, which include Binance, Bybit, OKX, Coinbase Pro, BTCC, KuCoin, BingX, eToro, FrameEX, and CoinEx.

3. Will Jito (JTO) reach a new ATH soon? With the ongoing developments and upgrades within the Jito Platform, JTO has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Jito (JTO)? On December 07, 2023, Jito (JTO) reached its new all-time high (ATH) of $5.61

5. What is the lowest price of Jito (JTO)? According to CoinMarketCap, JTO hit its all-time low (ATL) of $0.2178 on February 06, 2026.

6. Will Jito (JTO) reach $10? If Jito (JTO) becomes one of the active cryptocurrencies that maintains a bullish trend, it might rally to hit $10 soon.

7. What will be Jito (JTO) price by 2027? Jito (JTO) price is expected to reach $15 by 2027.

8. What will be Jito (JTO) price by 2028? Jito (JTO) price is expected to reach $20 by 2028.

9. What will be Jito (JTO) price by 2029? Jito (JTO) price is expected to reach $25 by 2029.

10. What will be Jito (JTO) price by 2030? Jito (JTO) price is expected to reach $30 by 2030.  

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Disclaimer: The opinion expressed in this article is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.