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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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