Jito’s $210M Revenue Marks Solana’s Global Adoption
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 27 2024Solana's Growth and Jito's Success: Solana has surpassed Ethereum in transaction volume and total value locked (TVL), with its staking pool, Jito, achieving $100 million in revenue from priority fees in late 2024, reflecting the chain's growing popularity.
Market Performance and Future Outlook: Despite recent gains, Solana faces volatility and bearish pressures, with expectations of an 8.70% increase by December 2024, while market dynamics suggest a shift in investor interest may hinder its ability to reach new price highs.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
