Jito TVL exceeds 10 million SOL, equivalent to US$1.33 billion

Jito TVL has surpassed 10 million SOL and is currently at 10,268,903 SOL, equivalent to approximately 1.33 billion US dollars. Yesterday, insiders stated that Solana infrastructure project Jito is building a SOL re-staking service. Jito Labs CEO Lucas Bruder said, "There is a lot of hype around this now. It's a bit like a gold rush." But he refused to comment on his company's plans. According to a CoinDesk survey, over 6 teams are quietly building Solana re-staking services. Cambrian is one of them, and Cambrian founder Gennady Evstratov said that his team of seven is finalizing a $2.5 million financing deal. Three investors said the round was valued at about $25 million.