As the bullish trend in the broader market continues, the Solana-based altcoin, Jito, faces a sharp pullback. As the JTO price drops under the $3.50 crucial milestone, the buyers are under panic. Will a double top reversal result in a pullback to the $2.68 support level? Let's find out in our latest JITO price analysis.

The cryptocurrency market faces a substantial supply expansion between December 2 and December 9, with Jito (JTO) leading cliff-based token unlocks. According to the data from Tokenomist, the total value of scheduled unlocks exceeds $1.14 billion.

Token unlocks may heighten market volatility, impacting investor sentiment and potentially influencing long-term crypto market dynamics. The post Cardano, Jito, and Aptos set for $700M token unlock this month appeared first on Crypto Briefing.

Certain big names in the altcoin market are gearing up for an influx of tokens as a wave of token unlocks is approaching. According to data provided by Tokenomist, a notable number of major altcoin projects are set to experience a surge in circulating supply during the first week of December.

With Bitcoin crossing above $91,000, crypto investors' rising risk appetites tease a bull run in altcoins. Amid the increasing demand, many have hit a new 52-week high, with the reversal rally gaining momentum.

Investors in Jito's JTO token could soon start collecting native yield on top of their holdings.

Manta Network introduces a Social Gain Program to engage content creators, offering rewards for promoting their ecosystem on platforms like Twitter, Telegram, and Binance Square.

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

Leading Solana MEV infrastructure protocol Jito temporarily experienced downtime early on Wednesday morning.

Jito Labs recorded $78.92 million in monthly fees for October, doubling its previous record of $39.45 million set in May.

Key Points:

Manta Network collaborates with Aethir to provide high-performance GPU access for applications, enhancing scalability and cost-efficiency within the ecosystem, particularly benefiting AI and gaming sectors.

Jito SOL opened the first round of liquid staking, with a limit of $25M. Liquid staking may tap the value of SOL without the need to trade directly.

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

Jito, the biggest staking network on Solana, is performing well as assets in its ecosystem soar to a record high. Jito (JTO) token rose to the important resistance point at $2.50, its highest swing since Sep.

Manta Network introduces the Manta Expedition, offering participants the opportunity to earn MANTA rewards by completing quests across various DeFi protocols.

Manta Network has announced a four-year program that will see the modular blockchain for zero-knowledge applications share gas rewards with the platform's users. On Sept.

Binance announces support for the Manta (MANTA) network upgrade and hard fork, suspending deposits and withdrawals on 2024-09-19.

Several major token unlocks are set to take place in the coming months, which could potentially de-stabilizing the altcoin market. These unlocks will introduce large amounts of new supply, and as a result, investors are bracing for possible price crashes this month.

Several major token unlocks are set to take place in the coming months, which could potentially de-stabilizing the altcoin market. These unlocks will introduce large amounts of new supply, and as a result, investors are bracing for possible price crashes this month.

Korean markets expanded their listings, with Bithumb opening KRW pairs for JitoSOL (JTO) and EtherFi (ETHFI). Upbit listed a new KRW market for the BIGTIME token, belonging to the original RPG game Bigtime.

Manta Network announces the launch of Season 2 of its Ambassador Program, inviting content creators to promote the ecosystem and earn rewards.

Liquid staking protocol Jito and restaking platform Fragmetric have launched a new liquid restaking token on Solana dubbed fragSOL.

With an optimistic surge in Bitcoin prices, bulls anticipate a breakout run above the $65000 mark. Amidst the growing confidence in the market, the DeFi tokens prepare for a bull run as the altcoin season inches closer.

The crypto market has been trading mixed lately, but amidst the chaos, Solana has emerged as a standout performer. Over the last 18 months, Solana has consistently outpaced other blockchains, even surpassing Ethereum in several key metrics.

Jito joins Jupiter in leading Solana DeFi arena after surpassing 12M SOL in total locked value.

Renzo Protocol is expanding its liquid restaking expertise to the Jito ecosystem on Solana. According to an announcement on Aug. 14, Protocol revealed it was launching ezSOL, the first liquid restaking token on Solana (SOL).

TL;DR Renzo, an Ethereum-based liquid restaking protocol, will launch ezSOL, its first liquid restaking token on Solana, through a collaboration with the Jito Foundation. ezSOL will allow users to earn additional rewards using JitoSOL as the underlying asset, leveraging Jito's MEV-enhanced validator network.

Renzo has partnered with the Jito Foundation to enter the Solana liquid restaking space. It is set to launch ezSOL on Jito.

Manta Pacific, the first layer 2 modular blockchain on Manta Network, has introduced a multiple data availability framework to support a more reliable blockchain ecosystem. Manta Network announced in a press release sent to crypto.news on Aug.

Manta Pacific introduces MultiDA, leveraging multiple data availability solutions for improved network resilience and reduced gas fees.

Manta Pacific introduces an industry-first Multiple Data Availability (MultiDA) framework, incorporating seven leading data availability providers to enhance network uptime, security, and user experience for Layer 2 blockchain operations.

Solana has experienced a significant increase in on-chain activity and daily active addresses, driven by popular dapps like Raydium, Pump.Fun, and Jito.

Dapps like Raydium, Pump.Fun and Jito have been the top fee generators on the Solana blockchain, data shows.

Binance announced the delisting of four trading pairsADA/TUSD, AEVO/BNB, AST/BTC, and MANTA/BNBeffective August 2. The decision, driven by market factors such as trading volume and liquidity, aims to maintain high-quality trading markets on the platform.

The decentralized liquid staking platform Jito (JTO) has recently marked a monumental stride by securing the first spot among leading fee-generating protocols across all blockchains. Notably, the Solana-backed platform overtook Lido (LDO) in 24-hour fee generation volume, garnering noteworthy attention among market participants.

Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox.

Solana's biggest liquid staking project is taking the plunge into restaking.

On July 25, the Jito Foundation made a splash with a major update that could transform staking and restaking on Solana.

Jito's open-source release could boost Solana's economic security and flexibility, potentially revitalizing interest in the struggling restaking sector. The post Jito releases open-source code for restaking on Solana appeared first on Crypto Briefing.

Solana meme coin Jito (JTO) has recorded significant upticks with its price soaring 9% after the platform announced the code for its restaking program. The platform noted that it will be a next-hybrid generation staking and restaking module.

Developers are one step closer to activating restaking on Solana with the Jito Foundation's latest code release.

TL;DR The code for Jito Restaking has been released on the Solana blockchain, a platform that integrates staking, restaking, and a liquid restaking token (LRT) module.

The yet-to-implemented codebase allows any Solana-based protocol to use any asset for its economic security.

L2 modular blockchain Manta Network has announced a partnership with Solana meme coin project Bonk (BONK) to launch a meme-themed campaign on Manta Pacific. In a press release shared with crypto.

Manta Network and BONK join forces to launch Meme-ta season, offering MANTA rewards through Dual Citizenship and Active Participant programs.

This innovative approach allows you to earn $JitoSOL tokens. Your $SOL remains staked, potentially increasing in value over time.

In a growing storm of controversy, the Polkadot blockchain platform is now facing accusations of discrimination and toxicity within its ecosystem, on top of concerns over an impending funding crisis for its Treasury.