JitoSOL reaches 11 million $SOL in TVL, becoming the first Solana protocol to achieve this feat.

It is an amazing product, with an amazing team and wonderful users!

The Solana restaking protocol, Solayer, has garnered everyone’s attention after the success of its deposit launch.

Solayer is an innovative restaking protocol on Solana, offering functionality similar to what EigenLayer has introduced on Ethereum. The initial deposit phase was exclusive and by invitation, allowing users to restake SOL directly on the protocol or through liquid staking products such as mSOL, bSOL, JITOSOL, and INF.

Liquid Staking Tokens (LSTs) on #Solana now has a Total Market Cap of a whooping $4 .33 billion.

The Percentage Breakdown of Market Share is seen below👇

- $jitoSOL : 42.7%
- $mSOL : 18.3%
- $INF : 9.4%