#Solana Restaking Platform Goes Live#

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Hot Topic Overview

Overview

Solana's re-staking platform Jito is booming, attracting a multitude of projects to join. Switchboard, the oracle network on Solana, will be the first project to leverage the Jito platform. With nearly 70% of SOL on Solana already staked, the re-staking market is massive, estimated to reach $76 billion, presenting new opportunities for the Solana ecosystem.

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Analysis

The launch of Solana restaking platforms has brought new opportunities to the Solana ecosystem. Jito, as a pioneer in Solana restaking platforms, has attracted the attention of numerous projects, including the Switchboard oracle network. Switchboard will be the first Solana oracle network to launch on the Jito platform, providing it with wider application scenarios and more powerful functionalities. With nearly 70% of outstanding SOL staked, Solana restaking represents a market opportunity of $76 billion, further driving the prosperity of the Solana ecosystem. The emergence of the Jito platform provides Solana stakers with more flexible ways to earn rewards and brings new vitality to the Solana ecosystem.

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Classic Views

Solana restaking is a huge market opportunity, as nearly 70% of outstanding SOL has been staked, representing a $76 billion market opportunity.

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Switchboard will be the first Solana oracle network to leverage Jito's burgeoning restaking platform.

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Jito is developing a burgeoning restaking platform.

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Restaking platforms can bring new value and opportunities to the Solana ecosystem.

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