Summary
Jito Labs co-founder Lucas Bruder explains why Solana is winning the trading war against Ethereum, discusses the launch of JTX as a pro-retail trading terminal, and reflects on how meme coins stress-tested Solana's infrastructure. The conversation covers builder culture, FTX collapse survival, and the shift toward institutional-grade on-chain trading.
- Solana is outperforming Ethereum in on-chain trading due to speed, low cost, and deep liquidity.
- Jito Labs is launching JTX, a trading terminal targeting pro retail traders with frequent, high-value orders.
- Meme coin trading in 2024 stress-tested and improved Solana's infrastructure.
- Jito survived the FTX collapse by doubling down on Solana building through the bear market.
- Solana's builder culture is more pragmatic and shipping-focused compared to Ethereum's L2 ecosystem.
- Jito is using AI tools internally for monitoring and content creation.
- JTX will initially focus on spot trading, with perps, prediction markets, and mobile apps planned.
- The network effect of users and market depth gives Solana a significant lead over newer blockchains.