PDAX lists JitoSOL, bringing Solana liquid staking to Philippine pesos
- —JitoSOL is available on PDAX in the JitoSOL/PHP pair via app and web interface
- —JitoSOL's TVL is about $1 billion, making it the dominant LST on Solana
- —The token yields returns from SOL staking, fees and block-production incentives
- —14% of Filipinos own crypto versus 2.4% in the stock market
Why it matters: It expands access to Solana liquid staking in Asia through a regulated exchange, boosting demand for JitoSOL and SOL.
Source: BitPinas