2024

Solana

Jito

Coin

<ul class="news-points">
 <li><strong>According to Colin Wu, the Jito tip revenue on Solana reached 9.32k SOL on March 6.</strong></li>
 <li><strong>The revenue amount valued at $1.2 million marks a new high, according to reports.</strong></li>
 <li><strong>Jito Labs announced its decision to suspend its mempool due to negative externalities impacting users on Solana.</strong></li>
</ul>
<p>According to a recent post shared by Colin Wu, a Chinese crypto journalist, the Jito tip revenue on Solana reached <a href="https://dune.com/21co/solana-key-metrics" target="_blank" rel="noopener noreferrer nofollow">9.32k</a> SOL on March 6. The revenue amount valued at $1.2 million has reportedly marked a new high.</p>
<p>In his Wu Blockchain page on X, Wu illuminated Jito’s fake tip vulnerability, which led to the MEV Bot using fake tips.</p>
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   <p lang="en" dir="ltr">Jito tip revenue on solana revenue reached 9.32k SOL (valued at $1.2m) on March 6, setting a new high. However, the recent Solana MEV Bot problem has been serious. Jito has a fake tip vulnerability, which resulted in the MEV Bot using fake tips. Normal user transactions can…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1766291463808385512?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">March 9, 2024</a>
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<p>According to Solana’s <a href="https://solana.com/ecosystem/jitolabs" target="_blank" rel="noopener noreferrer nofollow">official page</a>, Jito Labs is a leading MEV Infrastructure company that “builds high-performance MEV infrastructure for Solana. Our goals are to make Solana more efficient, minimize the negative impact of MEV…</p>
<p>The post <a href="https://coinedition.com/jito-tip-revenue-on-solana-reaches-new-high-of-9-32k-sol-report/" rel="noopener noreferrer nofollow">Jito Tip Revenue on Solana Reaches New High of 9.32K SOL: Report</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Jito Tip Revenue on Solana Reaches New High of 9.32K SOL: Report

Coin Edition

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