Jito (JTO)

There is a case to be made for $JTO as a bet on Solana summer.

Based on the recent price action, it's already moving before the fundamentals.

$JTO is up +10.2% over 7 days and 29.5% over 30 days, while protocol revenue is still down 39.2% over the trailing month.

Sounds weak on the surface, but the recent inflection is what matters.

Revenue just turned +20% over the last 7 days.

The reason is simple: @jito_sol is not one business.

It's three segments moving in different directions.

MEV fees are carrying the recovery.
- Fees are up 41.9% over 7 days, and revenue is up 41.8%.

This is the segment most directly tied to @solana network activity, and $SOL is heating up again.

Chain fees are up 35.8% over 7 days, while app-layer fees are up 13.6%.

So the mechanism is pretty clear:

More Solana activity > more transaction flow > higher MEV fees > Jito revenue turns positive again.

The LST business tells a different story.
- Liquid staking is still the largest segment at $801.1M in TVL, but fees are down 22…

Man this called mega perfection $JTO @WealthGroup https://t.co/QBY98FXwa2