Jito bags $1.75B in revenue, $JTO finally gets the memo 📈

Jito has crossed the $1.75 billion gross revenue mark, establishing itself as one of the top-grossing protocols in the Solana ecosystem. Roughly 81% of that revenue came from MEV rewards, with staking rewards making up the remainder, according to network data reviewed by GasCope.

On-chain activity has tracked the revenue growth. The number of active addresses rose sharply over recent days, while trading volume climbed about 90% in the past 24 hours to $102 million. Analysts tracking the protocol said the combination of higher user counts and rising volume points to sustained economic activity rather than a short-term spike tied to speculation.

Price action has begun to reflect those fundamentals. $JTO broke above a bullish flag pattern on the daily chart and has continued to respect an ascending trendline that has produced multiple rebounds since early May. The structure suggests buyers remain in control, with the trendline resistance now positioned as the next upside reference.

Whether the breakout extends further will depend on continued expansion of network activity. The latest revenue, user and volume readings each point in the same direction, indicating the recent move higher may be the market catching up to data the protocol has been posting for weeks.