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XLM $0.1906 +0.57%
ZEC $1,233.31 +8.73%
BTC $79,208.09 +0.96%
ETH $2,501.87 +1.43%
BNB $754.46 +1.00%
XRP $1.44 +3.93%
SOL $104.61 +1.85%
TRX $0.3383 +0.27%
DOGE $0.0906 +1.47%
ADA $0.2209 +1.98%
BCH $259.38 +0.65%
LINK $12.57 -0.73%
HYPE $86.58 +2.94%
AAVE $130.11 -0.87%
SUI $0.8198 +0.87%
XLM $0.1906 +0.57%
ZEC $1,233.31 +8.73%

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

2024-12-27 09:39:38

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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