#Switchboard Login to Jito Platform#
Hot Topic Overview
Overview
Switchboard Protocol will be the first Solana oracle network to launch on the Jito platform. Jito is a growing restaking platform aiming to leverage the nearly 70% of unclaimed SOL stake on the Solana network, representing a $76 billion market opportunity. Switchboard's integration will bring more powerful oracle functionalities to the Jito platform and unlock new possibilities for the Solana ecosystem.
Ace Hot Topic Analysis
Analysis
Switchboard Protocol will be the first Solana oracle network to launch on Jito's growing restaking platform. Jito aims to provide a restaking platform for the Solana ecosystem, and Switchboard, as the leading oracle network on Solana, will be able to leverage Jito's platform to improve its efficiency and security. With nearly 70% of outstanding SOL already staked, Solana restaking represents a $76 billion market opportunity. This means Switchboard will be able to utilize Jito's platform to reach a vast market and provide broader applications for its oracle services. Switchboard's addition will bring more value to Jito's platform and further drive the development of the Solana ecosystem.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Switchboard will be the first Solana oracle network to launch on Jito's growing rehypothecation platform.
Solana's rehypothecation represents a $76 billion market opportunity.
Switchboard's launch will bring new value and functionality to the Jito platform.
The addition of Switchboard will further propel the growth of the Solana ecosystem.