Jito verifier tip income reached record level of approximately $210 million in November
The Internet reported that Jito earned more than $100 million in monthly revenue from priority fees and tips in November and December, according to a report from cryptocurrency research firm Kairos Research. Kairos said that in 2024, Jito's validators 'monthly tip income increased by an average of 32%. In November, monthly revenue peaked at about $210 million. The increase in Jito's tip revenue reflects the growing popularity of the Solana network, but also highlights the trend of verifiers to increase revenue by prioritizing certain transactions, a practice known as Maximum Extractable Value (MEV).
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