Jito, a leading infrastructure provider on the Solana blockchain, has expanded its product suite with the launch of JTX, a self-custodial trading platform designed for Solana-based assets and tokenized real-world assets (RWAs). The move marks a strategic shift beyond Jito's core liquid staking and MEV services, positioning the protocol to capture a share of the on-chain trading market.
JTX is now live, offering users the ability to trade a wide range of assets—from memecoins and major cryptocurrencies to tokenized equities and ETFs—while maintaining full control of their funds through self-custody. The platform incorporates features typically found on centralized exchanges, including resting limit orders, conditional orders, and automated execution. Built on Jito's existing validator network and block-building technology, JTX leverages the same infrastructure that already supports a significant portion of Solana's activity.
Following the announcement, Jito's native token JTO rose 2.3% to trade at $0.6149, with daily trading volume reaching $31.73 million. The Jito protocol currently holds $7.87 billion in total value locked (TVL), underscoring the scale of its ecosystem. However, JTO's trading volume declined by 31.67%, suggesting the price increase was not accompanied by a proportional rise in buyer participation.
The JTX platform introduces a new revenue stream for the Jito ecosystem. Under its fee structure, 80% of protocol revenue is directed to the Jito DAO, while the remaining 20% funds ongoing development. This creates a direct link between platform adoption and the health of the broader Jito network. The roadmap includes plans to add perpetual futures and prediction markets, aiming to attract a wider base of active traders.
JTO's recent price action has largely mirrored broader cryptocurrency market trends. Bitcoin's advance, supported by continued inflows into US spot Bitcoin ETFs and growing optimism around regulatory clarity, lifted risk appetite across digital assets. The liquid staking sector also saw renewed interest, with Lido DAO's LDO token climbing over 14%. As one of Solana's largest liquid staking protocols, Jito benefited from this sector rotation, though its own volume decline indicates that the latest move may lack strong conviction.
From a technical perspective, JTO faces immediate resistance at $0.6621. A daily close above this level would strengthen the current recovery and open the path toward the next resistance at $0.6748. On the downside, support sits at $0.5988; a break below that level could increase the risk of a move toward recent monthly lows. The Relative Strength Index (RSI) stands at 47.29, placing the token in neutral territory. This suggests that the next significant price move will likely depend on changes in trading volume rather than momentum alone.
JTO has reclaimed its 10-day, 100-day, and 200-day exponential moving averages (EMAs), while the 20-day and 50-day EMAs continue to act as overhead resistance. Remaining above the long-term 200-day EMA keeps the broader recovery structure intact, but a move through the shorter-term averages would provide additional confirmation of strengthening momentum.
In related developments, Bitget Stocks 2.0 recently launched a dual-track system merging crypto and US equity trading, while BingX reported a 700% surge in trading volume in Q2, highlighting growing interest in multi-asset platforms. Meanwhile, Pepperstone expanded perpetual CFDs to gold and indices as 24/7 trading gains traction.
This article is for informational purposes only and does not constitute financial advice.
