FxWirePro- Token Unlock today (Jito labs)

Unlock Date: April 7, 2025

Number of Tokens Unlocked: 11.31 million JTO

Percentage of Total Supply: 1.13%

Allocation: Ecosystem development, core contributors, community growth, and airdrops

Value: Approximately $20 million based on current market conditions

Jito Labs will share 11.31 million JTO tokens worth approximately $20 million on April 7, 2025, based on its total vesting schedule. The tokens will be shared for ecosystem development, core contributors, community expansion, and airdrops to facilitate the project's growth and compensate the stakeholders.

Jito Labs is a liquid staking provider on the Solana that stands out due to its token holder distribution of MEV rewards. With a token price of $2.27, JTO, this launch is meant to further spur platform growth and expansion within the Solana ecosystem.