JTO Token Soars 14% Amid Solana ETF Buzz and Major League Pickleball Sponsorship

Jito (JTO) has experienced a 14.12% price increase over the past 24 hours, rising from a 24h open of $1.948 to a current price of $2.223 (Binance data). This surge is primarily attributed to heightened investor interest following renewed speculation about a potential spot Solana ETF approval and Jito’s recognition as Solana’s leading liquid staking protocol, which has been referenced in ETF issuer prospectuses. Additional momentum was generated by Jito Foundation’s recent mainstream sponsorship deal with Major League Pickleball’s LA Mad Drops, further increasing visibility. Despite this strong short-term performance and a 24-hour trading volume of approximately $90.65 million with a market cap near $730.64 million, forecasts indicate possible near-term price volatility, with some analysts predicting a short-term correction toward support levels around $1.88 and $1.72. JTO remains a focal point within the Solana ecosystem, driven by institutional and retail attention, but market sentiment suggests caution due to expected volatility in the coming days.