Andreessen Horowitz’s crypto division, a16z, has made its largest single investment to date, allocating $50 million to Jito, a Solana-based MEV and staking protocol. The funding, structured through a token acquisition, aims to establish a long-term alignment between the venture firm and Jito’s ecosystem.
Jito Strengthens Solana’s Staking Infrastructure
According to Fortune Crypto report, Jito enables Solana validators to stake tokens while maintaining liquidity through a mechanism called liquid staking. This innovation allows tokens locked for network validation to remain tradable, enhancing capital efficiency across the Solana ecosystem.
The project’s infrastructure also optimizes transaction prioritization, allowing developers to choose execution speeds based on demand. These functions are essential in reducing network congestion and maximizing validator performance.
Brian Smith, executive director at the Jito Foundation, said the partnership fosters long-term alignment between Jito and its investors, reflecting confidence in Solana’s long-term value creation. Deals like this, involving token allocations, are becoming more frequent as venture firms aim to secure early exposure to high-utility crypto assets.
Solana’s Price Correction and Market Outlook
Solana’s (SOL) price has faced a pullback in recent days, dropping to around $193, down 5% in 24 hours and 13% in the past week. However, analysts believe the correction fits within Solana’s recurring cyclical patterns.
According to Bitcoinsensus, the asset has a history of rebounding sharply after 33% drops, often leading to 93% to 100% rallies. SOL is currently rebounding from a channel support near $180, with potential upside targets between $280 and $300 if momentum continues.
Source: X
Analysts See Corrective Phase Nearing Completion
Technical analyst XForceGlobal noted that Solana remains in a corrective structure despite a 150% recovery from previous lows. The ongoing B wave, according to Elliott Wave analysis, could either have concluded near the 88.6% Fibonacci level or may attempt one last push toward the $259–$385 region. If a rejection occurs, prices could briefly revisit $100–$70 before resuming an upward trend.
Significantly, maintaining support above $190 remains crucial for sustaining the bullish outlook. If historical patterns hold, Solana could reattempt the $460 region in the long term, supported by strong institutional confidence following the Jito deal.
