Jito Revenue Plummets 45%, But BAM Expands to 33% of Solana Network Stake
Jito's protocol revenue fell by 45% in Q2 to $1.28 million, down from approximately $26.1 million in Q1 2025.
The decline was primarily due to lower transaction-ordering value (TOV) tips, which dropped by about 50% to $9.9 million, despite stable transaction volume.
BAM, however, continued to grow, reaching 33% of Solana's network stake and becoming the largest validator-client group by count.