The Solana
SUN
$190.84
According Kairos Research, Jito validators earned over $100 million in tips and priority fees during November and December 2024.
Monthly income increased steadily throughout the year.with an average growth of 32% each month, with November being the most profitable month, reaching approximately $210 million.
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Hot vs. cold wallet: which one do you need? (Lively)
According to Jito Labs, at the end of December, more than 93% of Solana validators used Jito software to optimize your profits.
This increase reflects the Increasing use of maximum extractable value (MEV)where users pay validators to prioritize their transactions.
Validators can maximize efficiency and revenue by control the order of transactions in a block. While this helps ensure that transactions are processed smoothly, it has also led to increasing costs for users.
For the first time, Solana validators earned more from MEV activities than from Ethereum
ETH
$3,369.12
Beyond MEV, Jito has become a major player in decentralized finance (DeFi) through its liquid recovery token (LRT), JitoSOL. The token represents a stake in a pool of these re-staked tokens and has helped Jito grow to nearly $2.75 billion in total value locked.
While the Solana network reaches new heights in validator earnings, the Beacon Chain has also become a major player on the Ethereum network. How did you achieve this transformation? Read the full story.
Having completed a master’s degree in Economics, Politics and Cultures of the East Asian region, Aaron has written scientific articles analyzing the differences between Western and collective forms of capitalism in the post-World War II era.
With almost a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that cryptocurrency enthusiasts face. He is a passionate analyst who cares about data- and fact-based content, as well as that which speaks to both Web3 natives and newcomers to the industry.
Aaron is the go-to person for all things digital currencies. With a strong passion for blockchain and Web3 education, Aaron strives to transform the space as we know it and make it more accessible for beginners.
Aaron has been quoted by several established media outlets and is a published author himself. Even during his free time, he likes to research market trends and look for the next supernova.
