#New Platforms on Solana Oracles#
Hot Topic Overview
Overview
Switchboard, the Solana oracle network, will be the first platform to launch on Jito's burgeoning restaking platform. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. Switchboard's launch will unlock new opportunities for the Solana ecosystem and provide developers with more secure and reliable oracle services.
Ace Hot Topic Analysis
Analysis
Solana oracle network Switchboard will be the first platform to launch on Jito's growing restaking platform. Jito aims to leverage the massive staking size on the Solana network to provide users with a more convenient staking experience. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. As the leading oracle network on Solana, Switchboard's launch on the Jito platform will further enhance its position in the Solana ecosystem and provide users with more secure and efficient oracle services. This collaboration will bring new vitality to the Solana ecosystem and provide users with more innovative applications and services.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Switchboard is the first oracle network on Solana that leverages Jito's restaking platform.
Jito's restaking platform presents a massive market opportunity for the Solana ecosystem, valued at approximately $76 billion.
With nearly 70% of outstanding SOL staked, the restaking market potential on Solana is significant.
The launch of Switchboard will bring more reliable and efficient oracle services to the Solana ecosystem.