Solana ecological staking pool Jito’s revenue from priority fees and tips has exceeded US$100 million in the past two months.

Reprinted from panewslab
12/27/2024·4MPANews, December 27, Cointelegraph reported that according to a report released by crypto research institution Kairos Research on December 26: In November and December, the Solana ecological liquidity staking protocol Jito received more than 100,000 yuan through priority fees and tips. $100 million monthly revenue.
According to Kairos, tip income from Jito’s validators will increase by an average of 32% per month in 2024, with monthly income peaking at approximately $210 million in November. Jito's growing tip income reflects the growing popularity of the Solana network. At the same time, it also shows that the revenue that validators can earn by prioritizing certain transactions over others is increasing, a practice known as Maximum Extractable Value (MEV).
In 2024, Solana’s validators will earn more from MEV than Ethereum for the first time. Meanwhile, transaction fees on the Solana network increased from approximately 60,000 Solana tokens per day in January to almost over 150,000 in October, according to Dune Analytics. As of December 26, more than 93% of Solana validators use Jito’s software to maximize revenue from block construction, according to Jito’s developer Jito Labs. PANews news on December 27,