Jito token falls 14% as Saturday selling deepens into the night
The Jito token traded at $0.262 at 23:40 UTC on Saturday, down 14.3% in 24 hours as a broad crypto sell-off picked up in the evening.
The quick take
- Price: $JTO at $0.262, down 14.3% in 24 hours (CoinGecko, 23:40 UTC).
- Trigger: a market-wide sell-off; Solana ($SOL) lost 11.2% and Bitcoin ($BTC) 6.9% over the same day.
- Watch: the record low of $0.218 from February, about 20% below the current price.
What happened
The Jito token falls 14% in a day as Saturday selling runs into the night. Jito ($JTO) traded at $0.262 at 23:40 UTC (6:40 p.m. ET), down 14.3% in 24 hours, according to CoinGecko.
Jupiter’s price feed showed $0.263 and a 13.8% loss at the same time, so the two readings line up. CoinGecko put the 24-hour range at a high of $0.308 and a low of $0.257.
Most of the damage came late in the day. Hourly closes on Binance’s JTO/USDT pair slid from $0.307 at midnight UTC to $0.276 at 20:00 UTC. The next hour took the token down to $0.263.
Why it moved
No Jito-specific news explains the drop. The project’s blog and forum show no new announcement in the window, so the cause beyond the wider market is not confirmed.
The whole market fell together. Solana ($SOL) lost 11.2% to $69.10, per CoinGecko. Bitcoin ($BTC) dropped 6.9% to about $63,458 and Ether ($ETH) fell 9.5%, per LiveCoinWatch.
CryptoSlate reported that Bitcoin lost $64,000 on Saturday evening as forced closures of bullish bets piled up. Its editor added a caution: “The records do not establish what started Saturday’s selloff or how much of the decline liquidations caused.”
Who’s buying and selling
On-chain trading leaned toward sellers in one pool and stayed even in another. GeckoTerminal counted 679 sells against 456 buys over 24 hours in the main JTO/JitoSOL pool on Orca. DexScreener’s top JTO/SOL pool, also on Orca, showed 856 sells and 876 buys.
CoinGecko put 24-hour trading volume at $18.2 million, against a market value of $142.6 million. The JitoSOL staking pool held $706.8 million, per DefiLlama, a dollar figure that moves with the price of $SOL.
What to watch next
The next marker is the record low of $0.218, set on Feb. 5, 2026, per CoinGecko. The token now trades about 20% above it. $JTO has tracked $SOL closely all day, so a calmer Solana market is the signal to follow.
Bottom line: Jito’s 14% daily drop follows a broad Saturday sell-off, and no project news was found to explain it.
Sources
- CoinGecko: Jito price, 24-hour range and record low (read 23:40-23:46 UTC)
- Jupiter: JTO price cross-check (23:41 UTC)
- Binance: JTO/USDT hourly closes (23:41 UTC)
- GeckoTerminal: JTO/JitoSOL pool on Orca (23:41 UTC)
- DexScreener: JTO/SOL pool on Orca (23:41 UTC)
- DefiLlama: Jito Liquid Staking (23:41 UTC)
- CoinGecko: Solana price (23:40 UTC)
- LiveCoinWatch: Bitcoin and Ether prices (23:41 UTC)
- CryptoSlate: Bitcoin drops below $64,000 as bullish bets get wiped out (published 23:40 UTC)
Price data: CoinGecko, cross-checked with Jupiter.
Not financial advice.
