đš Jito Stumbles: TVL Sinks Below $1 Billion â End of an Era?
The once-undisputed king of the Solana ecosystem is facing a major capital outflow. Jito ($JTO
has officially slipped to 5th place on the Solana TVL rankings, with its Total Value Locked falling below the $1 Billion mark for the first time since February 2024.
đ The Shocking Numbers:
Massive Drawdown: TVL plummeted from a peak of $3.77B to under $1Bâa staggering 73% decline.
Beyond Price Action: While the drop in $SOL price contributed to the USD value decline, the actual tokens are also leaving. Deposits fell from 18.9M SOL to 12.38M SOL (a 34.5% decrease).
Rank Shift: Jito has lost its dominance, moving from the #1 spot to #5 as liquidity migrates elsewhere.
đ Market Sentiment: Correction or Weakness?
Is this just a healthy market shakeout, or is there an internal issue within the Jito protocol?
The "Correction" Theory: Much of the ecosystem is bleeding; Jitoâs heavy exposure to SOL means it feels the pain twice during a dump.
The "Competition" Theory: New liquid staking protocols and MEV solutions are fighting for market share, potentially draining Jitoâs liquidity.
đĄ Traderâs Perspective:
Capital flight from a core liquidity hub is never a great sign in the short term. However, Jito remains a fundamental piece of Solana's MEV infrastructure. I am watching for a re-accumulation zone before considering a position.
đĄïž Protect Your Capital:
In volatile markets, knowing where the money is flowing is key. I track on-chain TVL and exchange flows to keep my followers safe.
[Follow and Copy My Strategy] on Binance to stay ahead of the next Solana rotation!
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