Jito is about to release tokens that will more than double the project's circulating supply, a move which has investors worried about the $JTO token price.

Jito, a powerhouse in Solana’s DeFi ecosystem, has officially joined the restaking race—and it’s off to a strong start. The protocol’s newly launched restaking feature has already attracted $25 million in TVL, making it the second-largest restaking project on Solana in a matter of hours.

Solana’s resurgence is partly fueled by lucrative airdrops from its ecosystem projects, with Jito's recent $250 million distribution being a prime example. This has led to a growing trend of users moving liquidity to Solana in anticipation of similar high-value airdrops from other projects.