Jito's JTO jumps 16% on Asian expansion, derivatives activity surges
- —JTO climbed 16% as spot trading volume surged 114.22% to nearly $78 million
- —JitoSOL expanded into Asia through PDAX in the Philippines and Naver Pay in Korea
- —Open interest rose 28.96% to $55.53 million, derivatives volume jumped 107% to $135.9 million
- —Total liquidations reached about $221,000, including $119,930 in longs and $101,070 in shorts
Why it matters: Rising open interest and volumes raise JTO volatility; a break above $0.6075 resistance would open the way to $0.6712.
Source: AMBCrypto