🚨 $JTO – Top Swing Long Setup Ahead of Solana ETF Catalyst 🚨
$JTO is shaping up as a prime candidate for a swing long at HTF lows (~$2), with one of its biggest catalysts yet potentially weeks away.
🔍 ETF Momentum Building:
• ETF experts: $SOL now frontrunner for next U.S. spot ETF approval
• Polymarket odds: Spiked from 15% → 60% for July 31st approval
• Prediction markets: $SOL at 90%+ odds to be next ETF after $BTC & $ETH
• SEC guidance: All 7 issuers refiled with staking language by Friday's close
• BlackRock speculation: Probability of a Solana ETF filing has increased
🚀 Why JTO Is the Best ETF Narrative Play:
• Jito = Largest staking protocol on Solana (~$3B TVL)
• Only LST (liquid staking token) mentioned in current issuer prospectuses
• Legal Involvement: Jito’s CLO sat with the SEC on June 9th
• Strategic Paper (June 13): Advocated for 100% staked SOL ETF using JitoSOL
• Even if staking isn't approved, JTO remains the primary Solana eco-beta
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📉 Current Setup:
• Trading near cycle lows (~$2)
• ETF news could trigger explosive upside
• Jito is uniquely positioned to ride the $SOL ETF wave
💡 TLDR: $JTO is not just a swing play — it’s Solana’s ETF lever, quietly gaining strength.