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The new JTO token will govern Jito's DAO and $490 million treasury as the project mirrors Uniswap

Jito, a decentralized finance (DeFi) platform operating on the Solana blockchain, made waves on Thursday as it launched its highly anticipated airdrop, distributing an impressive $225 million worth of free tokens to Solana users worldwide.

Solana-based liquid staking project Jito's JTO token price soared more than 80% following its trading debut across multiple major exchanges like Coinbase and Binance. Data from CoinMarketCap shows that JTO's value surged to more than $3 during the past day, representing an 85% growth for the newly launched digital asset.

The governance token of the Solana-based liquid staking protocol Jito crossed a trading volume of $1.1 billion within a day of going live.

With the airdrop distribution now complete, Jito states that all claimable tokens will be available for 18 months starting on the token generation date.

Solana price has seen a 14%+ spike fueled by bullish chart signals, proliferating fundamentals, airdrop hype, and endorsements predicting further upside towards the $100 level.

Solana-based DeFi platform Jito has kicked off its highly anticipated airdrop, putting around $225 million worth of free tokens into the hands of Solana users across the globe.

Solana ecosystem, Jito, a crypto staking project, launched its JTO token on Thursday at 11 am ET. The Jito Airdrop distributed a whopping $225 million worth of free tokens to Solana users globally. Notably, none of the top 14 claiming addresses, ranked by size, had sold any tokens.

The Solana (SOL) ecosystem is in a celebratory mode today after one of its protocols, the Jito Network (JTO), conducted one of its biggest airdrops to date. Shockingly, the airdrop has not had the expected impact on JTO as the token is on a rampage, jumping as high as 88% at the time of writing to hit an all-time high (ATH) of $3.18.

Solana DeFi users are celebrating after Jito launched JTO, with 90 million tokens up for grabs for eligible users.

A decentralized finance (DeFi) project built over smart contract platform Solana (SOL) is gearing up to kick off an airdrop as Coinbase announces support for it.

In the burgeoning realm of cryptocurrencies, airdrops have emerged as a powerful tool for engaging with the community and rewarding early adopters. Jito (CRYPTO: JTO), a Solana (CRYPTO: SOL)-based liquid staking protocol, recently unveiled its token airdrop, generating significant buzz among crypto enthusiasts.

Solana's SOL token has more than tripled since mid-October as DeFi traders return to the ecosystem's on-chain trading, borrowing, lending and yield-generating projects, most notably Kamino.

Jito, the Solana-based liquid staking protocol, opened an airdrop for users to claim 90 million of its JTO governance tokens starting Thursday morning — an amount worth around $165 million at the time of publication.

After an explosive week for bitcoin, traders turned their attention to JTO, Solana-based Jito's new governance token, which gained as much as 75% upon its launch Thursday.

In the dynamic world of cryptocurrencies, Binance, a leading exchange platform, has unveiled its plan to incorporate Jito (JTO), the governance token of the Jito network. This exciting development brings forth new opportunities for traders and investors, opening doors to a realm of possibilities within the crypto space.

The governance token was airdropped to users of Jito's liquid staking token protocol.

Coinbase, the leading cryptocurrency exchange in the United States, has taken a significant step in expanding its asset offerings by listing the JITO (JTO) token, a new entrant on the Solana network.