Solana-based Debutant JITO Exceeds $1.1B In Single-day Trading Volume

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Solana-based liquid staking protocol JITO witnessed a trading volume of $1.1 billion in its single day of trade. What Happened: Crypto exchange, Bitget listed the JITO token from the Jito ecosystem of liquid staking built on the Solana blockchain. Post listing and trading, the token saw a significant $1.1 billion in its single-day trading volume of going live. The JITO governance tokens were airdropped to its users last week. Immediately after trading commenced, the token was around the $2 mark and has risen since then in value by around 43% (TheBlock data) to trade at $3.36 currently. The JIT…

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