Jito validator tip revenue reaches record level of approximately $210 million in November
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2024-12-27 10:02 1,586
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Golden Finance reported that Jito’s monthly revenue from priority fees and tips exceeded $100 million in November and December, according to a report by cryptocurrency research firm Kairos Research.
Kairos said Jito’s validators’ monthly tip income increased by an average of 32% in 2024. In November, monthly revenue peaked at about $210 million.
The increase in Jito’s tip revenue reflects the growing popularity of the Solana network and highlights the trend for validators to increase their revenue by prioritizing certain transactions, a practice known as Maximum Extractable Value (MEV).