BlockBeats News, on December 27th, according to a report from cryptocurrency research firm Kairos Research, Jito’s monthly revenue from priority fees and tips exceeded $100 million in November and December. Kairos stated that by 2024, Jito’s validators’ monthly tip revenue rose by an average of 32%. In November, the monthly revenue reached a peak of approximately $210 million. The rise in Jito’s tip revenue reflects the increasing popularity of the Solana network and highlights the trend of validators increasing their revenue by prioritizing certain transactions, a practice known as maximal extractable value (MEV). (Cointelegraph)
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Jito validator fee income reached a record level of about $210 million in November.
BlockBeats News, on December 27th, according to a report from cryptocurrency research firm Kairos Research, Jito’s monthly revenue from priority fees and tips exceeded $100 million in November and December. Kairos stated that by 2024, Jito’s validators’ monthly tip revenue rose by an average of 32%. In November, the monthly revenue reached a peak of approximately $210 million. The rise in Jito’s tip revenue reflects the increasing popularity of the Solana network and highlights the trend of validators increasing their revenue by prioritizing certain transactions, a practice known as maximal extractable value (MEV). (Cointelegraph)