Solana ecosystem has observed strong growth and has a market cap of over $76.6 Billion.
JITO
JITO is Solana’s first liquid staking service provider, distributing MEV rewards to its holders. The Jito Stake Pool empowers users to stake their Solana tokens in exchange for a liquid stake pool token (JitoSOL). JitoSOL delivers high rewards with a decentralized validator set.
Source: JITO UAW by DappRadar
JITO has a TVL of 10.6 Million SOL, an APY of 8.06%, and a total of 91547 holders. It also helps unlock your staked SOL’s liquidity to use across DeFi. It also enables Solana to run more effectively and earn MEV rewards.
The last 30 days have seen a 45% decrease in the unique active wallets engaging with the dApp. Meanwhile, the number of transactions is around 146k, which has declined by 4%.
The overall volume of the platform has been observed to gain 8% in the intraday session, which is nearly $1.16 Billion. The platform is currently seeing strong growth and can
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