Jito Solidifies Position with New TVL Milestone and Restaking Rumors
Jito Surpasses $1.3 Billion TVL Amidst Anticipation of Restaking
Jito's TVL surge to 10 million SOL. Latest rumors point to the protocol's potential restaking venture.
Jito's TVL
Jito, a liquid staking pool on the Solana blockchain, has recently announced a significant milestone. Its total value locked (TVL) has exceeded 10 million Solana (SOL). With Solana’s current price of $132.11, the number equals a staggering $1.32 billion.
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Amid this financial growth, there is a buzz in the crypto community that Jito is venturing into a new domain—restaking protocols. Sources close to the development have revealed that Jito is making strides toward enhancing Solana's capabilities by integrating restaking services. Yet, Jito’s team has not confirmed the reports....
Challenges in Restaking Sector
The restaking sector has challenges such as potential financial and security risks associated with active validated services (AVS). Coinbase report highlighted these risks, indicating potential complexities in understanding financial and security implications.
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This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.