News linked to both this project and an event.
Bitget PoolX has launched the Jito (JTO) project, where staking 35,000 BGSOL unlocks 35,000 JTO tokens; the individual staking cap is 5,000 BGSOL.
Coinbase released its Solana Validator Performance Report for Q1 2026, disclosing its staking volume, infrastructure upgrades, and network optimization progress. The report reveals that Coinbase has staked approximately 40.48 million SOL on the Solana network—representing 9.52% of the network’s total staked SOL—with validator nodes distributed across six countries/regions. The report also highlights that Coinbase has implemented a near-zero downtime (ZDD) upgrade mechanism, leveraging hot-swapping and dual-signature protection to ensure network security and stability during validator updates. It supports multiple client implementations—including Harmonic, Jito, JitoBAM, Firedancer, and Rakurai—to enhance diversity and resilience within the Solana validator ecosystem and mitigate risks associated with centralized scheduling strategies.
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.
: According to official sources, the Jito Foundation is partnering with Solana Company (NASDAQ: HSDT) to provide institutional-grade Solana infrastructure in the Asia-Pacific region. The two parties will operate BAM validators using Pacific Backbone in Hong Kong, Singapore, Japan, and South Korea. This low-latency infrastructure network supports staking, validation, and trading services in the Asia-Pacific region. Additionally, they will jointly develop an institutional-grade JitoSOL staking product, delivered through Solana Company's consulting service model, to meet the compliance requirements of large capital allocators. The head of the Jito Foundation for the Asia-Pacific region stated that this collaboration aims to combine Jito's market layer technology with Solana Company's regional experience and institutional network, laying the foundation for scalable and compliant participation within the Solana ecosystem.
According to Fortune, Jito—a Solana ecosystem infrastructure project—is set to launch JTX, a user-facing trading application, in July, officially entering the consumer trading market. Initially, the app will support spot trading, with plans to later integrate perpetual contracts and prediction market functionality. Lucas Bruder, Jito’s CEO, stated that the company is no longer relying solely on third parties building products atop its infrastructure, but is instead proactively expanding into end-user applications. Jito previously secured a $50 million investment from venture capital firm a16z Crypto in 2025.