ChainCatcher reports that Lucas Bruder, co-founder and CEO of Jito Labs, said the crypto market is entering a “new phase”: an increasing number of on-chain users no longer see themselves as “crypto traders,” but simply as ordinary traders looking to trade various assets. Jito Labs plans to launch JTX, a trading terminal targeted at “professional retail” users, this summer, supporting spot, futures, and prediction markets. This means Jito will extend beyond Solana’s underlying infrastructure into consumer-facing products. Bruder believes Solana has already demonstrated its capacity to handle large-scale trading activity following the 2024 memecoin boom, attracting new users with its low costs and high speed. He also noted that as Wall Street assets gradually come on-chain, Solana is poised to become a primary entry point for mainstream traders entering the on-chain market.
Jito to Launch Consumer-Facing Trading App JTX, Expanding from Solana Infrastructure
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Jito Labs will launch JTX, a trading app for retail traders, this summer. The app will support spot, futures, and prediction market trading. Jito is expanding beyond Solana infrastructure into consumer products. CEO Lucas Bruder said Solana can handle high trading activity and may attract more mainstream traders. Increased trading volume could follow as the platform grows.
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