Jito is a protocol that offers liquid staking on the Solana blockchain, allowing users to stake SOL (Solana’s native token) and receive JiToSol in return, a liquid version that allows them to participate in DeFi activities. In addition to this, Jito guarantees a fair distribution of the MEV (Maximal Extractable Value) thanks to an open-source system with an auction in which the highest bid obtains the right to capture the MEV opportunities of
that block.
JTO is the native token of the Jito network. JTO holders have governance rights to vote on crucial decisions regarding
the future of the network.
Table of Contents:
Tokenomics
The distribution of JTO tokens is divided into different categories, emphasizing community growth, ecosystem development, investor engagement, and rewards for key contributors. The main categories are:
- Community growth: 34.3% (of which 10% allocated to a retrospective airdrop and the rest managed by the DAO governance).
- Ecosystem Development: 25% (to support the growth of the liquid staking protocol and other network advances).
- Investors: 16.2% (with a three-year vesting period).
- Core contributors: 24.5% (with a three-year vesting period).
When will it reach 1 dollar?
JTO has already reached and exceeded the value of 1 dollar in the past. Because its use within the Jito ecosystem is critical and given the protocol’s growth potential, it is possible that it could keep its value above this threshold in the future
.
When will it reach 10 dollars?
To reach 10 dollars, JTO would have to rise several times compared to its current value, which would require significant growth of the entire protocol. If the Jito network were to continue to expand and maintain its position as the second largest protocol on Solana, this value could be reached
in the coming years.
When will it reach 100 dollars?
Reaching 100 dollars per JTO will require a 24-fold increase. With a market capitalization of around 12.15 billion dollars, this goal could be feasible in a favorable market environment and with the continued success of Jito. It is estimated that, at an annual growth rate of 25%, it could take about 15
years.
When will it reach 1000 dollars?
The $1,000 threshold for JTO currently seems unattainable, as it would require a monumental growth in its market capitalization. However, like any other financial prediction, future surprises cannot be ruled out, especially in a rapidly changing market such as that of cryptocurrencies
.
Is JTO a good investment?
The JTO token offers a moderately good investment opportunity, especially considering the growth potential of the Jito network and its relationship with Solana. Even if the ratio between market capitalization and total locked value (TVL) seems high compared to other protocols, Jito’s position as the second largest protocol on Solana could make it a worthwhile investment
in the long term.
Price Forecasts (2024-2030)
| Anno | Expected price |
|---|---|
| 2024 | $10 — $15 |
| 2025 | $15 — $20 |
| 2026 | $20 — $30 |
| 2027 | $30 — $40 |
| 2028 | $40 — $60 |
| 2029 | $60 — $80 |
| 2030 | $80 — $100 |
