Solana Jito Network Shares Big Airdrop to Early Stakers: JTO Soars by 88%

Solana's ecosystem celebrates as Jito Network's big airdrop sees its token, JTO, soar by 88% to a record high of $3.18. Unlike other airdrops where tokens often get sold off quickly, dumping the price of the token, Jito's airdrop didn't cause a price drop, thanks to steady trade worth over $1 billion.

Jito Network's token supports Solana through its JitoSOL staking pool and MEV products making it an appealing crypto token. Solana SOL can be Swapped to JitoSOL, helping to keep SOL liquid and profitable.

People who were early stakers of Jito were the lucky ones to receive the airdrop, this got the Solana community talking about how much profit the early stakers made from this airdrop and the token’s rise. Solana is ending the year strong, similar to how Ethereum and Binance Smart Chain succeeded with their early airdrops. With Jito's success, Solana might finish the year even stronger.

Solana’s price rose by 13.85% in the past 24 hours performing better than Bitcoin and Ethereum 

The chart below shows Solana’s price movement in the past 24 hours