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Lennox Gitonga

Jito (JTO) climbs over 30% after quarterly metrics update, eyes $0.70 level

Jito (JTO) rose more than 30% in a single day after quarterly figures highlighted higher staking activity, more validators, and a supply burn. The update cited 418 million SOL in cumulative Jito-enabled staked tokens, 119 million SOL staked on the Jito Network, and 9.7 million JTO burned in Q1, while daily volume jumped 605% to $168 million. Technically, JTO retested $0.35 as support after reaching $0.70, with bulls still defending the level.