#Switchboard integration with Jito platform#

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Hot Topic Overview

Overview

Switchboard Protocol will be the first Solana oracle network to go live on the Jito platform. Jito is developing a restaking platform that aims to leverage nearly 70% of the outstanding SOL on the Solana network, representing a $76 billion market opportunity. The addition of Switchboard will provide the Jito platform with reliable oracle services and bring more value to the Solana ecosystem.

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Analysis

Switchboard Protocol will become the first Solana oracle network to leverage Jito’s burgeoning re-staking platform. Jito Platform aims to provide a new re-staking platform for the Solana ecosystem, and Switchboard, as the leading oracle network on Solana, will be able to utilize Jito Platform to provide more secure and reliable oracle services for its users. With nearly 70% of outstanding SOL staked, Solana re-staking represents a $76 billion market opportunity. Switchboard’s participation will bring more users and applications to Jito Platform and further drive the growth of the Solana ecosystem.

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Classic Views

Switchboard is the first Solana oracle network launched on the Jito platform

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Jito platform is an evolving restaking platform

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Solana restaking represents a $76 billion market opportunity

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Solana restaking market potential is huge due to almost 70% of outstanding SOL being staked

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