Jito to Launch Consumer-Facing Trading Application JTX, Moving from Solana Infrastructure to the Front End

Odaily reports that Lucas Bruder, co-founder and CEO of Jito Labs, stated the crypto market is entering a "new phase": more and more on-chain users no longer consider themselves "crypto traders," but rather ordinary traders looking to trade various assets.

Jito Labs plans to launch a trading terminal called JTX this summer, targeting "professional retail" users and supporting spot, futures, and prediction market trading. This signifies that Jito will extend its reach from Solana's underlying infrastructure to consumer-facing products.

Bruder believes that Solana has proven its ability to handle large-scale trading activity following the memecoin surge in 2024, attracting new users with its low costs and high speed. He also indicated that as Wall Street assets gradually move on-chain, Solana has the potential to become the entry point for more mainstream traders into the on-chain market.