Jito (JTO) saw a rapid intra-day rally after discussions about potential buybacks and rewards for the token. The native token of the JitoSOL validator rose 7% to $2.60, with a whale order absorbing over 161K JTO on Binance. A contributor to the Jito Foundation launched a forum discussion on buybacks or revenue redistribution, highlighting the unique value generated by the Jito Network. The proposal suggests more proactive reward distribution and exploring techniques like the 'fee switch' and buybacks. Jito is a successful protocol for fee production, surpassing Ethereum's LidoDAO in yearly fees, but the recent gains may be temporary, and the protocol will need to adapt to changing levels of Solana activity.



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