JTO Surges 12% on Binance Amid Solana ETF Buzz and $65M Trading Volume

Jito (JTO) experienced a 12.33% price increase over the past 24 hours, rising from an open of $1.947 to $2.187 on Binance. This upward movement is attributed to continued strong interest in Jito as the leading liquid staking protocol on Solana, recent mainstream partnership announcements, and heightened speculation around a potential spot Solana ETF approval in the US. These factors have driven positive sentiment and increased trading activity, as reflected in the robust 24-hour trading volume of approximately $65 million and a market capitalization between $649 million and $719 million. Despite the current gains and positive market sentiment, forecasts suggest potential short-term volatility and a possible price correction in the coming days, in line with broader crypto market trends and technical analysis.