#Switchboard Launches Jito Platform#

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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 features and value to the Jito platform and provide a more powerful oracle service to the Solana ecosystem.

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Analysis

Switchboard Protocol will be the first Solana oracle network to launch on Jito’s burgeoning re-staking platform. Jito aims to provide a new re-staking platform for the Solana ecosystem, while Switchboard, as the leading oracle network on Solana, will be able to leverage Jito’s platform to scale its services and increase its efficiency. With nearly 70% of outstanding SOL already staked, Solana re-staking represents a $76 billion market opportunity. Switchboard’s addition will bring more users and use cases to the Jito platform and further drive the development of the Solana ecosystem.

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Switchboard will become the first Solana oracle network to launch on Jito's growing re-staking platform.

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Solana re-staking represents a $76 billion market opportunity, as nearly 70% of outstanding SOL is staked.

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The Jito platform provides a new re-staking platform for the Solana ecosystem.

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The launch of Switchboard will bring new value and users to the Jito platform.

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