Jito (JTO), the governance token for Solana’s leading MEV (Maximum Extractable Value) infrastructure protocol, has surged 27.9% in the past 24 hours, reaching $0.33994 as of February 17, 2026.
The dramatic price movement marks a significant recovery for the token, which climbed from a 24-hour low of $0.260755 to an intraday high of $0.333949. Trading volume spiked to $39.99 million, indicating heightened investor interest in the Solana ecosystem asset.
Key Performance Metrics
Jito’s market capitalization increased 21.2% to $141.07 million, pushing the token to rank #218 among all cryptocurrencies. The surge extends JTO’s weekly performance to an impressive 38.5% gain, though the token remains down 14.5% over the past 30 days.
The token demonstrated particular strength in the past hour, posting a 21.8% gain that suggests accelerating momentum. With 437.63 million JTO tokens in circulation out of a total supply of 1 billion, the fully diluted valuation now stands at $322.34 million.
Historical Context
Despite today’s rally, JTO remains significantly below its all-time high of $6.01 reached on December 7, 2023, representing a 95.2% decline from that peak. However, the current price marks a 31.7% recovery from the token’s all-time low of $0.218137, recorded just 11 days ago on February 6, 2026.
About Jito Protocol
Jito operates as Solana’s premier MEV infrastructure, providing validators and stakers with tools to capture value from transaction ordering. The protocol’s JTO token governs protocol parameters and fee distribution, making it a key component of Solana’s growing DeFi ecosystem.
The sudden price surge comes amid broader volatility in cryptocurrency markets, though specific catalysts for today’s movement remain unclear. Traders should note that JTO remains highly volatile, with the token down significantly from its historical peak despite recent gains.
Market analysts will be watching whether JTO can maintain support above the $0.30 level as trading activity continues. The protocol’s position within Solana’s infrastructure ecosystem positions it as a potential beneficiary of increased network activity.
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About the Author: Ananya Melhotra
