Jito Labs is moving up the stack from infrastructure to consumer-facing products with JTX, a new trading terminal aimed at "pro-retail" traders, according to Jito Labs co-founder and CEO Lucas Bruder.
It’s something of a leap for Jito, which runs MEV and validator infrastructure for Solana, and is now considered by many to be a core component of that ecosystem.
But the move comes at a unique time, Bruder said while speaking to The Block's multimedia team at Consensus Miami earlier this month. After the success of the memecoin breakout on Solana in 2024, the blockchain has proved it can handle scale and now runs "butter smooth."
Plus, now that Wall Street is moving onchain, real mainstream users, not just crypto traders, will likely flock to Solana.
"I think [Solana] already is eating Ethereum's lunch today," Bruder said. "Most new people that are coming into crypto to trade or invest or whatever it is are using Solana because it's fast and cheap."
