CAUTIOUS HOLD

Jito (JTO)

Solana MEV and liquid staking with $2.8B TVL; jitoSOL growing fast but JTO governance has no direct fee accrual yet.

Ranked 42nd of 251 rated tokens. Scoring pass 11 Jun 2026.

Score
134/250
42nd of 251
Percentile
83.7%
of the rated universe
Circulating
50.7%
49.3% of value still to vest
Off all-time high
-91.9%
12.3x to recover
SolanaSPL+24 since last pass
01

What the numbers say

JTO scores 134 of 250 across the 25-variable framework, which places it 42nd of 251 rated tokens and inside the top quartile of the set. The framework verdict is CAUTIOUS HOLD.

The score rests on TVL Trend 7/10, 11th of 251, BTC Alpha Potential 5/10, 13th of 251, Revenue Trend 6/10, 15th of 251 and Real Staking Yield 6/10, 17th of 251.

Against the same universe, JTO sits in the bottom third on P/S Multiple 2/10, 218th of 251. These are the variables that would have to move for the verdict to change.

Only 50.7% of JTO's total supply is in circulation, so 1.97x the current float is still scheduled to arrive. Holding price per token flat while the rest enters circulation implies 49.3% of the fully diluted value sitting ahead of today's holders. That is a real but manageable overhang.

JTO trades 91.9% below its all-time high of $6.01. Recovering that level is a 12.3x move, not a 91.9% one, which is the arithmetic most drawdown charts hide.

The framework score gained 24 points against the previous pass (110 to 134). Revisions of this size follow a change in the underlying variables, not a change in price.

$2.80B sits in the protocol. The token is capitalised below the value locked in the protocol.

02

25-variable breakdown

Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.

Cash flow

Cash flow variables for JTO, scored 1 to 10 and ranked against 251 tokens
Protocol Revenue
621st of 251
Revenue Trend
615th of 251
P/S Multiple
2218th of 251
Real Staking Yield
617th of 251

Supply

Supply variables for JTO, scored 1 to 10 and ranked against 251 tokens
Supply Inflation
561st of 251
Vesting Schedule
5100th of 251
Circulating / FDV Ratio
688th of 251
Buyback and Burn
363rd of 251

Ownership

Ownership variables for JTO, scored 1 to 10 and ranked against 251 tokens
Smart Money Flows
626th of 251
Insider Selling
4151st of 251
Holder Concentration
458th of 251

Traction

Traction variables for JTO, scored 1 to 10 and ranked against 251 tokens
TVL Trend
711th of 251
Active Users
624th of 251
Developer Activity
633rd of 251
Network Growth
632nd of 251

Position

Position variables for JTO, scored 1 to 10 and ranked against 251 tokens
Market Share
636th of 251
Competitive Moat
629th of 251
Institutional Adoption
536th of 251
Exchange Depth
573rd of 251
Social Mindshare
541st of 251

Risk

Risk variables for JTO, scored 1 to 10 and ranked against 251 tokens
Regulatory Safety
652nd of 251
Catalyst Calendar
629th of 251
BTC Alpha Potential
513th of 251
Team Execution
630th of 251
Treasury Runway
633rd of 251

The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.

03

Catalyst and risk

Next catalyst

JTO fee switch enabling staking rewards from MEV tips; Solana network continued growth

Principal risk

No direct revenue accrual to JTO token yet; 91% below ATH; concentrated Solana network risk; a16z large token holder

04

Market and supply

Price$0.4854
Market cap$246.0Mrank 140
All-time high$6.017 Dec 2023
Circulating supply506,888,766
Eventual supply (total supply)1,000,000,000
Dilution to full supply1.97x
Total value locked$2.80B
Listed onBinance, OKX, Bybit, Jupiter DEX

Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.

05

Tokens with a similar profile

These are the closest matches to JTO measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.

06

Sources

  • [DeFiLlama] Jito's jitoSOL holds $2.8B in assets making it one of Solana's largest liquid staking protocols
  • [Jito Labs Blog] Jito MEV infrastructure processes ~60-70% of Solana blocks capturing MEV tips for stakers
  • [CoinGecko] JTO ATH $6.00 reached January 2024 shortly after TGE airdrop to jitoSOL holders
07

Common questions

What is the Early Thunder score for Jito (JTO)?
JTO scores 134 out of 250 on the 25-variable framework, ranking 42nd of 251 rated tokens (top quartile). The framework verdict is CAUTIOUS HOLD.
What are JTO's strongest fundamentals?
JTO ranks highest on TVL Trend 7/10, 11th of 251, BTC Alpha Potential 5/10, 13th of 251, Revenue Trend 6/10, 15th of 251 and Real Staking Yield 6/10, 17th of 251. Ranks are measured against all 251 tokens in the same scoring pass.
What are the weakest parts of the JTO thesis?
JTO scores in the bottom third of the universe on P/S Multiple 2/10, 218th of 251. The single risk carried on the scorecard is: No direct revenue accrual to JTO token yet; 91% below ATH; concentrated Solana network risk; a16z large token holder
How much JTO supply is still to enter circulation?
50.7% of eventual JTO supply is circulating today, leaving 1.97x the current float still to arrive. At a flat price per token that is 49.3% of fully diluted value ahead of current holders.
How far is JTO from its all-time high?
JTO trades 91.9% below its all-time high of $6.01. Returning to that high requires a 12.3x move from the level used in this scoring pass.
Which tokens have a similar profile to JTO?
Measured on the shape of all 25 scored variables rather than on price, the closest matches to JTO are OM (108), APT (116), SOL (170) and PYTH (107). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
What is the next catalyst for JTO?
JTO fee switch enabling staking rewards from MEV tips; Solana network continued growth

Keep reading

Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.