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Restaking has taken hold of the Ethereum ecosystem. With Jito and a handful of other companies building for Solana, can the trend spread?

Binance, a leading crypto exchange, once again grabs attention in the crypto sphere with its latest move. The platform's announcement of adding new crypto projects as loanable assets on Binance Loans has stirred discussions among traders and investors.

DEXes operating on the Solana network saw significant milestones in recent days.

Jupiter, aiming at enhancing user protection against Miner Extractable Value (MEV) attacks, has introduced a new feature in its swap function called Jito Bundles Tipping. This unique service was created to protect the users from possible losses caused by such attacks that are more and more common in decentralized finance (DeFi).

The cryptocurrency market is heating up after a week of uncertainties and significant losses. Amid a potential recovery, two cryptocurrencies stand out with notable strong momentum.

JTO, the native cryptocurrency of the Jito Network, has once again joined a mega uptrend. The Jito (JTO) price has surged by a staggering 10% in the last 24 hours currently reaching all the way to $3.88 with its market cap surpassing $450 million.

With the rising hype among investors to find Low-cap gems, tokens that have massive potential and strong fundamentals but relatively have low market capitalization. Investors hunt such tokens to maximize their profits in the crypto industry.

Kamino Finance, DeFi platform on Solana, is paying crazy returns to liquidity providers of the W (Wormhole) token.

Jito (JTO) token price continued its upward trend on Saturday as Solana jumped to a high of $200. The coin soared to a high of $3.90, its highest point since December 9th. It has soared by more than 150% from its lowest point this year, giving it a market cap of over $300 million.

Solana MEV startup Jito Labs said on Friday that it will suspend mempool functionality offered by the Jito Block Engine following an increased amount of sandwich attacks on the Solana blockchain.

Jito Labs, a well-known Solana client validator, a few days ago made the difficult decision to remove the "mempool" function from its infrastructure following various negative user experiences.

Solana has emerged as a beacon of innovation and scalability. However, recent developments have cast a shadow over its trajectory, with Jito Labs, a key player in the Solana ecosystem, announcing the suspension of its mempool service.

One such attack which leveraged Jito Labs' mempool in January saw a bot profit $1.8 million in seconds from a memecoin trader.

Jito Labs, the developer behind a popular alternative client for the Solana blockchain, announced the suspension of its mempool function, addressing issues related to sandwich attacks that have been affecting traders.

Jito Labs, a pivotal player in the Solana ecosystem known for its innovative solutions, has made a significant announcement. In response to recent developments, particularly the exploitation of a fake tip vulnerability within Jito, the company has decided to suspend its mempool service provided through the Jito Block Engine.

The mempool was a key part of its technology stack that nonetheless allowed for "sandwich" attacks.

The crypto markets appear to have entered the initial phase of the 2024 bull run and could have probably headed toward its end. With this, a strong bullish wave is expected to flow into the space, which may cause the prices of the majority of the tokens to pierce through their previous ATH.

Popular crypto analyst on X, cyclop (@nobrainflip) with 346,000 followers made a compelling argument for investors looking to maximize their returns through strategic altcoin investing. With Bitcoin (BTC) making a new all-time high, the focus has shifted to altcoins, which are poised for significant growth in the current bull cycle.

Among the 17 selected individuals and projects in the governance cohort are Gauntlet, a research company, Chainflow, an infrastructure platform, and Flipside, a marketing agency.

Solana-based crypto project Jito has allocated 12 million JTO tokens to its initial governance delegates, which include individuals from Coinbase Cloud, the Solana Foundation, and the Jito community.

TL;DR Jito appoints 17 new delegates to its governance, including representatives from Coinbase Cloud and the Solana Foundation. Delegates receive 12 million JTO tokens as cumulative voting power, strengthening the project's decentralized governance.

The crypto project distributes 12 million JTO as cumulative voting power.

Jito's initial governance cohort will include individuals from Coinbase Cloud, the Solana Foundation and its own community.

Individuals interested in cryptocurrency would likely be familiar with the term ‘Low-Cap Gem.' These assets, alternatively known as ‘small-cap gems,' are frequently regarded by experts as the most promising altcoins for the potential of substantial returns on investment. With a plethora of such projects available, it is crucial to choose those that are authentic.