#Switchboard Launches Jito Platform#
Hot Topic Overview
Overview
Switchboard will be the first Solana oracle network to launch on Jito's growing restaking platform. With nearly 70% of outstanding SOL already staked, Solana restaking represents a $76 billion market opportunity. Switchboard's launch marks further development of the Jito platform and brings new opportunities to the Solana ecosystem.
Ace Hot Topic Analysis
Analysis
Switchboard Protocol will become the first Solana oracle network to leverage Jito's growing re-staking platform. Jito is a Solana-based platform that aims to unlock locked liquidity through re-staking. With nearly 70% of outstanding SOL already staked, Solana re-staking represents a $76 billion market opportunity. The addition of Switchboard will bring a wider range of use cases to the Jito platform and provide more robust oracle services for the Solana ecosystem. As the leading oracle network on Solana, Switchboard's collaboration with Jito will further drive the development of the Solana ecosystem and bring more value to 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 rehypothecation platform.
Solana rehypothecation represents a $76 billion market opportunity.
The launch of Switchboard will bring new value and users to the Jito platform.
Jito's rehypothecation capabilities will unlock new growth opportunities for the Solana ecosystem.