Huo Xing Finance reports that on July 13, according to market data, JTO rose over 10% in the past 24 hours, currently trading at $0.6714, with its market cap rising to $609 million. On the news front, Jito Network announced that it will allocate 100% of the revenue generated from the JTX platform toward repurchasing and burning JTO tokens for at least the next year.
JTO Rises Over 10% in 24 Hours, Market Cap Reaches $609M
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Summary
On-chain data shows JTO rose over 10% in 24 hours on July 13, 2026, reaching $0.6714 with a market cap of $609 million. Jito Network stated it will use 100% of JTX platform revenue for at least one year to buy and burn JTO tokens. On-chain analysis indicates strong short-term buying pressure.
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