- SOL Strategies announced the acquisition of 52,181 JTO tokens as the first allocation to its newly launched Strategic Ecosystem Reserve (SER).
- The move forms part of the company’s commitment to support key projects within the Solana ecosystem, beginning with Jito Network.
- Despite the acquisition news, Jito’s price fell about 2% over the past 24 hours, trading near $1.93 at the time of writing.
The Jito (JTO) token traded near $1.93 on Friday after a recent decline extended into the week, even as SOL Strategies — a Solana-focused infrastructure company listed on public markets — revealed a notable token purchase.
Market data show JTO fell roughly 2.2% in the past 24 hours and is down about 13% over the past week.
This pullback suggests market sentiment may be influenced by broader trends, with major cryptocurrencies consolidating at key levels after recent gains.
Several altcoins also weakened amid project-specific catalysts, such as the Across Protocol incident impacting token prices.
SOL Strategies launches Strategic Ecosystem Reserve to support Solana projects
Formerly known as Cypherpunk Holdings Inc., SOL Strategies has committed to supporting the Solana ecosystem through targeted investments and infrastructure backing.
In a blog post published Thursday, the company unveiled the Strategic Ecosystem Reserve (SER), a framework designed to provide sustained support for leading Solana projects.
SER is funded in part from the revenues of the company’s validator operations and aims to supply capital and long-term backing to foundational protocols and infrastructure.
The initial support targets Jito, a provider of MEV (maximal extractable value) infrastructure and liquid staking services on Solana.
According to SOL Strategies, the initial 52,181 JTO tokens form the first tranche of the SER and could help bolster the roughly $2.6 billion of value locked across the Jito network.
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 an intentional effort to support projects that are critical to Solana’s growth.
“As a technology company focused on building the future of decentralized financial infrastructure, partnering with foundational providers like Jito aligns perfectly with our vision. We aren’t just buying tokens — we’re investing in the infrastructure that processes transactions for millions of Solana users while supporting the teams driving innovation within the ecosystem,” Wald said.
Jito price outlook
Even though Jito’s price retreated in the short term, the strategic acquisition signals institutional confidence in the project.
SOL Strategies is effectively betting that Jito will remain a core infrastructure provider for the Solana ecosystem.
Additional institutional support could create buying pressure for JTO over time, but near-term technical indicators suggest caution.
Short-term technical signals — including the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) — point toward continued downward momentum.
If bearish pressure intensifies, sellers could push the token to lower levels. Support is near $1.58, while major resistance may lie between $2.10 and $2.30.