#Switchboard is now live on the Jito platform.#
Hot Topic Overview
Overview
Switchboard will be the first Solana oracle network on Jito’s growing restaking platform. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. The launch of Switchboard will bring more functionality and value to the Jito platform and provide the Solana ecosystem with more powerful oracle services.
Ace Hot Topic Analysis
Analysis
Switchboard Protocol will be the first Solana oracle network to launch on Jito's burgeoning restaking platform. Jito is a Solana-based platform that aims to unlock the liquidity locked within the Solana ecosystem through restaking. With nearly 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity. The addition of Switchboard means Jito will be able to provide data and services to more applications within the Solana ecosystem, further driving the growth of the Solana ecosystem. Switchboard's oracle network will be able to leverage Jito's restaking platform to provide more reliable and secure data services to applications within the Solana ecosystem. This will help drive the development of the Solana ecosystem and provide users with richer application experiences.
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 re-staking platform.
Solana re-staking represents a $76 billion market opportunity.
With nearly 70% of outstanding SOL already staked, the Solana re-staking market has significant potential.
The launch of Switchboard will bring new value and functionality to the Jito platform.