#Switchboard Launches Jito Platform#
Hot Topic Overview
Overview
Switchboard Protocol will be the first Solana oracle network to launch on Jito's growing re-hypothecation platform. With nearly 70% of outstanding SOL staked, Solana re-hypothecation represents a $76 billion market opportunity. The launch of Switchboard will bring more functionality and value to the Jito platform and provide more robust oracle services to the Solana ecosystem.
Ace Hot Topic Analysis
Analysis
Switchboard will be the first Solana oracle network to launch on Jito's burgeoning re-staking platform. Jito is a Solana-based re-staking platform that aims to tap into the vast amount of unstaked SOL on the Solana network, providing users with higher returns. With nearly 70% of unstaked SOL already staked, Solana re-staking represents a $76 billion market opportunity. As the leading oracle network on Solana, Switchboard's integration into the Jito platform will provide users with a wider range of oracle services and further drive the growth of the Solana ecosystem. The addition of Switchboard will bring more powerful oracle capabilities to the Jito platform and provide users with a safer, more reliable, and efficient re-staking experience. This will further solidify the position of the Solana ecosystem and open up more possibilities for its future development.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Switchboard will become the first Solana oracle network to launch on the Jito platform.
The Jito platform is a growing restaking platform.
Solana restaking represents a $76 billion market opportunity.
With nearly 70% of outstanding SOL staked, Solana restaking has immense market potential.