Jito announces staking its entire SKR token allocation

BlockBeats News, January 22nd, the Solana ecosystem staking protocol Jito announced that the Jito Foundation will stake its entire Solana Mobile token SKR allocation to support its development, showcasing the future of mobile technology on Solana.

According to HTX market data, SKR touched a $40 million market value yesterday after the airdrop launch, has since surged over 10x, and currently has a market value of $522 million, with the coin price currently at $0.0522.