#Switchboard’s First Listing on Jito#
Hot Topic Overview
Overview
Switchboard is set to become the first Solana oracle network to go live on Jito. Jito is a growing re-staking platform that aims to leverage the nearly 70% of outstanding SOL staked on the Solana network, representing a $76 billion market opportunity. The launch of Switchboard will bring more features and applications to the Jito platform, further driving the development of the Solana network.
Ace Hot Topic Analysis
Analysis
Switchboard will be the first Solana oracle network to launch on Jito's growing re-staking platform. Jito is a Solana-based platform designed to unlock liquidity by re-staking idle SOL, thereby bringing new value to the Solana ecosystem. As the leading oracle network on Solana, Switchboard's integration with Jito will provide its users with a wider range of DeFi services and attract more users and use cases to the Jito platform. With nearly 70% of outstanding SOL already staked, Solana re-staking represents a $760 billion market opportunity, and Switchboard's participation will further propel the growth of the Solana ecosystem and bring more value to its users.
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-staking platform.
Solana's re-staking represents a $76 billion market opportunity, as nearly 70% of outstanding SOL is staked.
The launch of Switchboard will bring new value and functionality to the Jito platform.
Jito's re-staking platform will provide new growth opportunities for the Solana ecosystem.