#Switchboard Launches Jito Platform#
Hot Topic Overview
Overview
Switchboard Protocol will become the first Solana oracle network to leverage Jito's growing restaking platform. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. Switchboard's launch will further expand Jito's service reach, providing more powerful oracle services to the Solana ecosystem and delivering greater value to users.
Ace Hot Topic Analysis
Analysis
Switchboard protocol will be the first Solana oracle network to launch on Jito's evolving restaking platform. Jito aims to provide a new restaking platform for the Solana ecosystem, while Switchboard, as the leading oracle network on Solana, will be able to leverage Jito's platform to expand its services and improve efficiency. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. Switchboard's addition will bring more users and use cases to the Jito platform, further driving the growth of the Solana ecosystem.
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 burgeoning rehypothecation platform.
Solana's rehypothecation represents a $76 billion market opportunity.
The Switchboard protocol is poised to leverage Jito's platform to scale its services.
The Jito platform provides new rehypothecation opportunities for the Solana ecosystem.