#Switchboard Login to Jito Platform#
Hot Topic Overview
Overview
Switchboard Oracle Network is set to become the first Solana re-staking platform to launch on the Jito platform. Jito aims to leverage the vast staking market on the Solana network to provide users with new earning opportunities. With nearly 70% of outstanding SOL staked, the Solana re-staking market has massive potential, estimated to reach $76 billion. The addition of Switchboard will bring more users and use cases to the Jito platform and drive the development of the Solana ecosystem.
Ace Hot Topic Analysis
Analysis
Switchboard Protocol will be the first Solana oracle network to launch on Jito's evolving restaking platform. Jito is a restaking platform focused on the Solana ecosystem, aiming to provide users with more flexible staking options. As the leading oracle network on Solana, Switchboard's integration with Jito signifies a new opportunity for the Solana ecosystem's restaking market. Currently, nearly 70% of outstanding SOL is staked, representing a $76 billion market opportunity for Solana restaking. Switchboard's inclusion will bring a wider range of applications to the Jito platform and provide stronger support for oracle services 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 rehypothecation platform.
Solana's rehypothecation represents a $76 billion market opportunity, as nearly 70% of outstanding SOL is staked.
Switchboard's launch will bring new value and functionality to the Jito platform.
Jito platform's rehypothecation features will provide new opportunities for the Solana ecosystem.