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BTC $64,664.76 +0.46%
ETH $1,912.55 +2.07%
BNB $572.59 +0.73%
XRP $1.10 -0.02%
SOL $75.33 +0.97%
TRX $0.3320 +0.33%
DOGE $0.0726 -0.28%
ADA $0.1645 -0.69%
BCH $218.26 +3.95%
LINK $8.60 +2.13%
HYPE $58.99 +1.05%
AAVE $96.30 +4.69%
SUI $0.7123 -0.29%
XLM $0.1794 +0.26%
ZEC $491.70 +1.06%

Jito validator tip revenue reached a record level of approximately $210 million in November

2024-12-27 09:39:38
Collection

ChainCatcher news, according to a report by cryptocurrency research firm Kairos Research, Jito's monthly revenue from priority fees and tips exceeded $100 million in November and December.

Kairos stated that in 2024, Jito's validators saw an average monthly tip revenue increase of 32%. In November, monthly revenue peaked at approximately $210 million.

The growth in Jito's tip revenue reflects the increasing popularity of the Solana network, while also highlighting the trend of validators enhancing their income by prioritizing certain transactions, a practice known as Maximum Extractable Value (MEV).

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