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ETH $1,903.12 +1.25%
BNB $603.40 -0.66%
XRP $1.00 +0.13%
SOL $75.58 +0.34%
TRX $0.3317 +0.00%
DOGE $0.0701 +0.37%
ADA $0.1743 -0.91%
BCH $203.27 -0.48%
LINK $9.52 +2.18%
HYPE $59.25 +3.65%
AAVE $86.85 +1.00%
SUI $0.6763 -0.21%
XLM $0.1576 +0.44%
ZEC $511.19 +5.11%

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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