- SOL Strategies announced the acquisition of 52,181 JTO tokens as part of its newly launched Strategic Ecosystem Reserve (SER).
- This move is part of the company’s commitment to support key projects within the Solana ecosystem, beginning with Jito Network.
- Despite the announcement, Jito’s price fell about 2% over the past 24 hours, trading around $1.93 at the time of writing.
Jito (JTO) tokens were trading near $1.93 on Friday as the token’s decline continued over recent weeks, despite the notable news from SOL Strategies, the Solana infrastructure firm that is publicly listed.
Market data show JTO dropped about 2.2% in the last 24 hours and roughly 13% over the past week.
This deterioration suggests broader market trends could be influencing sentiment, with major tokens consolidating around key levels after recent rallies.
Several altcoins have also weakened due to specific catalysts, for example Across Protocol, which has seen notable pressure recently.
SOL Strategies establishes an ecosystem reserve to back Solana projects
Formerly Cypherpunk Holdings Inc., SOL Strategies aims to strengthen the Solana ecosystem.
In a Thursday blog post the company outlined its plan: a Strategic Ecosystem Reserve (SER) to support leading Solana projects.
SER is funded in part by the validator revenue of the company and is intended to acquire and support foundational projects.
The initial backing targets Jito, Solana infrastructure focused on maximum extractable value (MEV) and liquid staking protocols.
SOL Strategies said the initial 52,181 JTO tokens form the first tranche of SER, which could complement the total locked value across the Jito network, currently measured in the billions.
Announcing our Strategic Ecosystem Reserve (SER) with the initial acquisition of 52,181 JTO tokens!
As infrastructure builders deeply embedded in Solana, we’re investing in the foundational projects driving the ecosystem forward. @JitoNetwork’s MEV infrastructure is critical to… pic.twitter.com/2MTedyy7oZ
— SOL Strategies (CSE: HODL | OTCQB: CYFRF) (@solstrategies_) June 26, 2025
Leah Wald, CEO of SOL Strategies, emphasized that the reserve is not merely a token-accumulation strategy but a deliberate effort to support projects that are critical for Solana’s development.
“As a technology company focused on building the future of decentralized financial infrastructure, partnering with key providers like Jito fits squarely with our vision. We are not just investing in tokens — we are investing in the infrastructure that processes transactions for millions of Solana users, while supporting the team that plays a central role in driving innovation across the ecosystem,” Wald said.
Jito price outlook
Although Jito’s price declined despite SOL Strategies’ positive announcement, the strategic purchase signals institutional confidence in the project.
SOL Strategies is betting Jito will remain a core player within the Solana ecosystem.
Ongoing support from institutional backers could create buying pressure for JTO over time.
In the short term, technical indicators such as the relative strength index (RSI) and the moving average convergence divergence (MACD) are pointing toward continued bearish momentum.
If technical conditions remain unfavorable, bears could extend their dominance and push prices lower.
Support levels sit near $1.58, while immediate resistance may be in the $2.10–$2.30 range.