Solana’s Jito staking pool exceeding $100M in monthly tips: Kairos Research
More than 93% of Solana’s validators use Jito’s software for MEV, according to Jito Labs.
Solana staking pool Jito clocked monthly revenues from priority fees and tips of more than $100 million in November and December, according to a Dec. 26 note from Kairos Research, a cryptocurrency researcher.
In 2024, Jito’s validators scaled tip revenues by an average of 32% each month, Kairos said. Monthly income peaked in November at approximately $210 million.
Jito’s growing tip revenues reflect the Solana network’s surging popularity. They also flag validators’ rising earnings from prioritizing certain transactions over others, a practice known as Maximum Extractable Value (MEV).
Go to Source
Author: Alex O’Donnell
