#Switchboard is launching on the Jito platform.#
Hot Topic Overview
Overview
Switchboard is set to become the first Solana oracle network to launch on the Jito platform. Jito is building a restaking platform designed to leverage the massive staking market on the Solana network. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. Switchboard's launch will bring enhanced functionality and value to the Jito platform, providing a more robust oracle service to the Solana ecosystem.
Ace Hot Topic Analysis
Analysis
Switchboard is set to become the first Solana oracle network to launch on Jito's burgeoning re-staking platform. With nearly 70% of outstanding SOL staked, Solana re-staking represents a $760 billion market opportunity. This means Switchboard will be able to leverage Jito's platform to scale its services and provide more reliable and efficient oracle services to the Solana ecosystem. Jito's re-staking platform offers users a new way to stake their SOL and earn higher returns. The addition of Switchboard will bring more users and liquidity to the Jito platform and further drive the growth 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 the Jito platform.
The Jito platform is a growing restaking platform that provides new opportunities for the Solana ecosystem.
Solana's restaking market is massive, estimated at $76 billion.
Switchboard's launch will bring new value and functionality to the Jito platform.