#Solana Staking Platform Launched#
Hot Topic Overview
Overview
Solana staking platform Jito is continuously developing and attracting more and more projects to join. The Switchboard protocol will be the first Solana oracle network to leverage the Jito platform. With nearly 70% of SOL on Solana already staked, the emergence of the Jito platform presents new opportunities for restaking on Solana, with an expected market size of $76 billion.
Ace Hot Topic Analysis
Analysis
Solana staking platform Jito is growing and attracting more and more projects to join. Recently, Solana-based oracle network Switchboard announced that it will be the first project to launch on Jito and leverage its restaking functionality. With nearly 70% of SOL on Solana already staked, this means Jito's restaking platform has a market opportunity of up to $76 billion. Jito's restaking functionality can help users stake their SOL across multiple platforms, allowing them to earn higher yields. The addition of Switchboard will further strengthen Jito's ecosystem and bring more value to the Solana network.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Solana's restaking represents a massive market opportunity, as nearly 70% of outstanding SOL is staked, with a market size of approximately $76 billion.
Switchboard will be the first Solana oracle network to leverage Jito's growing restaking platform.
Jito is a growing restaking platform, providing new opportunities for the Solana ecosystem.
Restating can bring more liquidity and efficiency to the Solana ecosystem.