Jito will launch JTX, a consumer-facing transaction application, moving from Solana infrastructure to the forefront.

This article is machine translated
Show original

According to ChainCatcher, Lucas Bruder, co-founder and CEO of Jito Labs, said that the crypto market is entering a "new phase": more and more on-chain users no longer see themselves as "crypto traders," but simply as ordinary traders who want to trade various assets.

Jito Labs plans to launch JTX, a trading terminal for "professional retail investors," this summer, supporting spot, futures, and prediction market trading. This signifies Jito's expansion beyond its Solana underlying infrastructure into consumer products.

Bruder believes that Solana has proven its ability to handle large-scale trading activity after the memecoin boom of 2024, attracting new users with its low cost and high speed. He also stated that as Wall Street assets gradually move onto the blockchain, Solana is expected to become an entry point for more mainstream traders to enter the on-chain market.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments