Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
crypto.news 2025-01-29 14:31:46

JTO price in focus as Jito flips Solana, Tron, Ethereum in key metric

JTO price in focus as Jito flips Solana, Tron, Ethereum in key metric

Jito surged over 8% on Wednesday as the network outpaced several blue-chip blockchain networks in fees. Jito ( JTO ), the largest liquid staking platform on Solana ( SOL ), has become the second most profitable entity in the crypto industry after Tether. According to TokenTerminal , Jito has generated over $261 million in fees this year, while Tether has earned $350 million. Jito’s performance has allowed it to surpass some of the biggest players in the crypto industry, including Ethereum ( ETH ) and Solana. It is also generating more revenue than leading DeFi platforms such as Aave, Uniswap, and Lido Finance. Jito’s rising fees coincide with an increase in the total value locked within its ecosystem. According to DeFi Llama , Jito’s TVL has climbed to over $3.6 billion, approaching its record high of $3.9 billion. The platform’s customer base has also grown to over 155,000, a figure expected to rise as the Solana ecosystem expands. You might also like: Balchunas confirms Bonk 2x ETF possibility remains strong Jito, like other liquid staking networks such as Lido and Rocket Pool, offers staking investors greater flexibility in utilizing their staked assets. In traditional staking, users must lock their assets for a set period, typically a month, to earn returns. Liquid staking allows users to access liquidity while still earning staking rewards. Jito price analysis Jito token chart | Source: crypto.news The daily chart shows that Jito’s price has struggled over the past few months. The token has dropped more than 42% since reaching its all-time high of $5.33 in February last year. Jito has formed a symmetrical triangle pattern, with its two trend lines nearing convergence. It is also trading near its 50-day and 25-day moving averages. Therefore, Jito is likely to continue consolidating in the coming weeks before rebounding. If this trend plays out, the token could see gains of up to 75%, potentially revisiting its all-time high of $5.33. However, a drop below the key support level at $2.2236 would invalidate the bullish outlook. You might also like: More than half of Gen Z owns crypto: Gemini

Most Read News



Cryptohopper
Market Cap
24h Vol
55.82%
Bitcoin Share
582
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.