• According to Colin Wu, the Jito tip revenue on Solana reached 9.32k SOL on March 6.
• The revenue amount valued at $1.2 million marks a new high, according to reports.
• Jito Labs announced its decision to suspend its mempool due to negative externalities impacting users on Solana.

According to a recent post shared by Colin Wu, a Chinese crypto journalist, the Jito tip revenue on Solana reached 9.32k SOL on March 6. The revenue amount valued at $1.2 million has reportedly marked a new high.

In his Wu Blockchain page on X, Wu illuminated Jito’s fake tip vulnerability, which led to the MEV Bot using fake tips.

According to Solana’s official page, 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…

The post Jito Tip Revenue on Solana Reaches New High of 9.32K SOL: Report appeared first on Coin Edition.

• According to Colin Wu, the Jito tip revenue on Solana reached 9.32k SOL on March 6.
• The revenue amount valued at $1.2 million marks a new high, according to reports.
• Jito Labs announced its decision to suspend its mempool due to negative externalities impacting users on Solana.

According to a recent post shared by Colin Wu, a Chinese crypto journalist, the Jito tip revenue on Solana reached 9.32k SOL on March 6. The revenue amount valued at $1.2 million has reportedly marked a new high.

In his Wu Blockchain page on X, Wu illuminated Jito’s fake tip vulnerability, which led to the MEV Bot using fake tips.

According to Solana’s official page, 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…

The post Jito Tip Revenue on Solana Reaches New High of 9.32K SOL: Report appeared first on Coin Edition.