#Switchboard Launches Jito Platform#
Hot Topic Overview
Overview
Switchboard Protocol will become the first Solana oracle network to utilize Jito's burgeoning restaking platform. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. Switchboard's launch marks another step in the evolution of the Jito platform, providing new opportunities for the Solana ecosystem and delivering more value to users.
Ace Hot Topic Analysis
Analysis
Switchboard Protocol will be the first Solana oracle network to leverage Jito’s growing 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 utilize the new liquidity and efficiency offered by Jito. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. Switchboard's participation will bring more users and use cases to the Jito platform while also helping Switchboard further expand its influence within the Solana ecosystem.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Switchboard will become the first Solana oracle network to launch on Jito's growing re-hypothecation platform.
Solana's re-hypothecation represents a $76 billion market opportunity.
The Switchboard protocol is poised to leverage Jito's re-hypothecation platform.
Nearly 70% of outstanding SOL has been staked.