Jito (JTO) token surged 16.33% to $0.5705 with significant futures and spot trading volumes, reaching over $129 million and $27 million respectively. This price movement followed the listing of JitoSOL on the Philippine exchange PDAX, which allows trading of the liquid-staking token but not staking or redemption. Additionally, Jito's Block Assembly Marketplace (BAM) marked its one-year milestone with the launch of its early mainnet, enhancing the network's block-building infrastructure. Despite these events, no clear cause for the price increase or a short squeeze was identified, leaving market dynamics uncertain.
Following the recent surge in Jito token price and its new listing on PDAX, JTO is trading at Rp11.328 on Pluang as of Sep 27, 2026 11:21 WIB, showing a 10.06% increase over the past day. The token's market cap stands at Rp5.96 trillion with a 24-hour trading volume of Rp1.12 trillion. Despite the strong price movement, Pluang data shows a majority of sell orders at 61%, with typical holders keeping the token for about 29 days.
Jito's price surged 16% driven by ecosystem developments, including its Block Assembly Marketplace reaching a one-year milestone and expanded access through Asian platforms like PDAX and Naver Pay. This growth fueled a 114% increase in spot trading v...
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