BREAKING: Jito (JTO) Surges 22.6% to $0.35 in Strong Rally
Jito (JTO), the governance token for Solana’s leading MEV (Maximal Extractable Value) protocol, has surged 22.6% in the past 24 hours, trading at $0.349629 as of 16:44 UTC on March 23, 2026.
The rally pushed Jito’s market capitalization to $157.4 million, marking a significant 22.7% increase in market cap over the same period. The token now ranks #201 among all cryptocurrencies by market capitalization.
Trading Activity Surges
Trading volume for JTO reached $49.4 million in the past 24 hours, indicating strong market participation during the rally. The token climbed from a 24-hour low of $0.276494 to a high of $0.347259 before stabilizing at current levels.
The price movement represents a continuation of JTO’s recent momentum, with the token posting gains of 20.5% over the past week and 14.2% over the past 30 days.
Sustained Recovery From February Lows
The current price represents a 59% increase from JTO’s all-time low of $0.218137, recorded on February 6, 2026. However, the token remains significantly below its all-time high of $6.01, reached in December 2023, representing a 94.2% decline from that peak.
Supply Metrics
With a circulating supply of 450.5 million tokens out of a total supply of 1 billion JTO, approximately 45% of the maximum supply is currently in circulation. The token’s fully diluted valuation stands at $349.4 million.
About Jito
Jito operates as a liquid staking protocol and MEV infrastructure provider on the Solana blockchain. The JTO token serves as the governance token for the Jito DAO, allowing holders to participate in protocol decision-making and future development directions.
The protocol has become a significant player in Solana’s DeFi ecosystem, offering liquid staking solutions and MEV optimization tools for validators and traders.
Market data as of March 23, 2026, 16:44 UTC. Cryptocurrency prices are highly volatile and subject to rapid changes.
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