JTO Surges Over 44% in 24 Hours, Market Cap Reaches $690 Million

BlockBeats News, June 15th, according to HTX market data, JTO has surged over 44% in the past 24 hours, now trading at $0.7591, with a market capitalization of $690 million.

On the news front, Jito Labs has introduced JTX (expected to launch in July), which is a self-hosted trading tool/terminal integrating charting, execution, portfolio management, and more. It will initially support Solana spot trading, followed by perpetual contracts and prediction markets. 80% of JTX revenue will flow to the JTO token (buyback/value capture).