Solana Validators’ Income Increased 20x in One Year
According to Kairos Research, Solana blockchain validators using Jito software earned over $300 million in the past two months through Jito Tips.
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Analytics firm Kairos Research reports that Solana validators using Jito software earned over $300 million in the past two months through Jito Tips—fees and tips for prioritizing transactions. Over the last year, their monthly income has increased 20x, with an average growth of 32% per month.
Jito Tips allow users to pay higher transaction fees for faster processing, making the feature particularly valuable in decentralized auctions, NFT trading, high-frequency trading, and arbitrage. However, this functionality requires significant costs from users to incentivize validators.
Jito Tips Monthly Performance. Source: Kairos Research Official Blog
According to Jito Labs, over 93% of Solana validators now use Jito software. This widespread adoption, combined with Solana’s popularity, has led validator earnings to outpace those on Ethereum. A portion of the tips (0.15%) is directed to support JitoSOL restakers.
JitoSOL, a liquid staking token, boasts a total value locked (TVL) of approximately $2.75 billion. It offers users an attractive yield of over 8.6%, competitive with similar offerings from other blockchain platforms. Additionally, JitoSOL can be used for generating extra income, enhancing its utility.
Overall, it was a great year for Jito – and with much of their success coming in Q4, this gives them a great deal of momentum heading into the new year
stated the Kairos Research report.
A year ago, Jito Foundation launched its governance token, JTO, distributing a portion to early users who accumulated Jito Points, held JitoSOL, and used Jito software.
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