#Switchboard launches Jito platform#

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Overview

Switchboard Protocol will become the first Solana oracle network to leverage Jito's rapidly developing restaking platform. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. The launch of Switchboard will bring new features and value to the Jito platform while providing the Solana ecosystem with more robust oracle services.

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Analysis

Switchboard Protocol will be the first Solana oracle network to leverage Jito's growing restaking platform. Jito is a Solana-based restaking platform designed to provide users with a more convenient and efficient staking experience. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. Switchboard's integration will bring more functionality and value to the Jito platform and deliver more robust oracle services to the Solana ecosystem. As the leading oracle network in the Solana ecosystem, Switchboard's collaboration with Jito will further propel Solana's growth and deliver more innovation and value to users.

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Classic Views

Switchboard will be the first Solana oracle network to launch on Jito's growing rehypothecation platform.

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Solana's rehypothecation represents a $76 billion market opportunity.

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The Jito platform will provide Switchboard with new growth opportunities.

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The launch of Switchboard will drive further development of the Jito platform.

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