#Switchboard Launches on Jito Platform#
Hot Topic Overview
Overview
Switchboard protocol will be the first Solana oracle network to launch on Jito’s growing restaking platform. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. The addition of Switchboard will bring more functionality and value to the Jito platform, and provide a more robust oracle service to the Solana ecosystem.
Ace Hot Topic Analysis
Analysis
Switchboard Protocol will be the first Solana oracle network to launch on Jito's developing restaking platform. Jito aims to provide a new restaking platform for the Solana ecosystem, and Switchboard, as the leading oracle network on Solana, will be able to leverage Jito's platform to expand its services and provide more powerful functionalities for users. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. Switchboard's participation will bring more users and use cases to Jito's platform and further drive the growth of the Solana ecosystem.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Switchboard will be the first Solana oracle network to launch on Jito's growing re-hypothecation platform.
Solana's re-hypothecation represents a $76 billion market opportunity.
With nearly 70% of outstanding SOL already staked, there is significant potential in the Solana re-hypothecation market.
The Jito platform provides new re-hypothecation opportunities for the Solana ecosystem.