#Switchboard is the first to launch on the Jito platform.#

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Overview

Switchboard protocol will be the first Solana oracle network to utilize Jito's growing re-staking platform. Jito aims to provide new staking opportunities for the Solana ecosystem, and Switchboard, as the first project to go live, will be able to leverage Jito's advantages to provide its users with more secure and reliable oracle services. With nearly 70% of outstanding SOL already staked, Solana re-staking represents a $76 billion market opportunity, and Switchboard's addition will further drive the growth of the Solana ecosystem.

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Analysis

Switchboard Protocol will become the first Solana oracle network to launch on the Jito platform. Jito is an evolving restaking platform aiming to unlock nearly 70% of the outstanding SOL staked on the Solana network, representing a $76 billion market opportunity. The addition of Switchboard will bring more features and value to the Jito platform and provide the Solana ecosystem with more robust oracle services. By combining oracle services with a restaking platform, Switchboard and Jito will jointly drive further development of the Solana ecosystem, offering users a safer, more efficient, and convenient experience.

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Switchboard will become the first Solana oracle network to launch on the Jito platform.

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Jito platform is a growing re-staking platform.

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Solana's re-staking represents a $76 billion market opportunity.

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Switchboard's launch will bring new use cases and value to the Jito platform.

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