#Switchboard is live on Jito platform#

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Hot Topic Details

Hot Topic Overview

Overview

Switchboard Protocol will become the first Solana oracle network to leverage Jito’s evolving 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 improve its efficiency and security. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity, and Switchboard's addition will further propel the development of the Solana ecosystem.

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Analysis

Switchboard, a Solana-based blockchain oracle network, will be the first network to leverage Jito’s growing re-staking platform. Jito aims to provide a new re-staking platform for the Solana ecosystem, and Switchboard’s integration will bring critical oracle services to the platform. With nearly 70% of outstanding SOL staked, Solana re-staking represents a $76 billion market opportunity. Switchboard’s integration will bring more users and applications to the Jito platform, further driving the growth of the Solana ecosystem.

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Classic Views

Switchboard will become the first Solana oracle network to launch on Jito's burgeoning restaking platform.

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Solana restaking represents a $76 billion market opportunity.

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

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Jito's restaking capabilities will create new growth opportunities for the Solana ecosystem.

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