#Switchboard will be listed on the Jito platform.#
Hot Topic Overview
Overview
Switchboard, a Solana-based oracle network, will be the first project to launch on Jito’s restaking platform. With nearly 70% of outstanding SOL staked, the Solana restaking market is valued at $76 billion, and Switchboard’s integration will bring new opportunities to the Jito platform and provide the Solana ecosystem with more robust oracle services.
Ace Hot Topic Analysis
Analysis
Switchboard will be the first Solana oracle network to launch on the Jito platform. Jito is a growing restaking platform that aims to leverage the large amount of staked assets on the Solana network. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. The addition of Switchboard will bring more robust oracle services to the Jito platform and provide a wider range of applications for the Solana ecosystem. Switchboard's oracle network will provide Jito with a reliable source of data, helping the platform better manage and utilize staked assets. This will further drive the growth of the Solana ecosystem and bring more value to users.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Switchboard will become the first Solana oracle network to launch on Jito's growing rehypothecation platform.
Solana rehypothecation represents a $76 billion market opportunity.
The launch of Switchboard will bring new value and growth potential to the Jito platform.
Jito's rehypothecation feature will provide new liquidity and yield opportunities for the Solana ecosystem.