#Switchboard Launches Jito Platform#
Hot Topic Overview
Overview
Switchboard is set to become the first Solana oracle network to launch on Jito's burgeoning re-hypothecation platform. With nearly 70% of outstanding SOL staked, the Solana re-hypothecation market holds tremendous potential, estimated to reach $76 billion. Switchboard's launch will bring new capabilities and value to the Jito platform while providing a more robust oracle service to the Solana ecosystem.
Ace Hot Topic Analysis
Analysis
Switchboard will be the first Solana oracle network to launch on Jito's growing re-staking platform. Jito is a platform designed to provide liquidity to the Solana ecosystem, and Switchboard, as the leading oracle network on Solana, will be able to leverage Jito's re-staking mechanism to enhance its efficiency and security. With nearly 70% of outstanding SOL staked, Solana re-staking represents a $76 billion market opportunity. Switchboard's inclusion will bring more value to the Jito platform and provide stronger oracle services for 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 rehypothecation platform.
Solana's rehypothecation represents a $76 billion market opportunity.
The launch of Switchboard will bring new value and functionality to the Jito platform.
Jito platform's rehypothecation feature will bring new opportunities to the Solana ecosystem.