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a16z crypto show

Why Solana keeps getting faster — and what's next (ft. Jito Labs CEO Lucas Bruder)

a16z crypto show

Andreessen Horowitz

Distributed Computing, Blockchain, Art, Innovation, Web 3, Technology, Culture, Internet, Public Goods, Business, Decentralization, Open Source, Creator Economy, Music, Gaming, Cypherpunk, Visual Arts, Crypto, Arts, Web 3.0, Entertainment, Computing, Computer Science, Blockchains, Entrepreneurship, Ownership, Web3, Cryptography

4.466 Ratings

🗓️ 3 April 2026

⏱️ 18 minutes

🧾️ Download transcript

Summary

Lucas Bruder, CEO of Jito, joins us to talk about why he believes the future of finance is moving onchain — and how his team is helping make that possible on Solana. He explains what Jito does, why Solana’s speed and low transaction costs create both opportunity and complexity, and how Jito has become critical infrastructure for the network. Lucas also reflects on doubling down on Solana during the bear market, the company’s lean approach to building, and his broader vision for a more accessible financial system.

Transcript

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0:00.0

JETO is the largest liquid staking protocol in Solana.

0:03.0

We ourselves is the economic growth engine for Solana. What is your long-term vision for the future of Solana? Basically, where all the finance happens on chain, I would say it's all done on a single-state machine at the speed of light. You want to trade stocks on Robin Hood. How many hoops do you have to hop through to do that? Send them in your driver's

0:20.9

license. There's a whole K-Y-C process and they limit you on how much you can purchase. It's like, what are we doing here? I think if it happens on Solana, you can download a wallet on your phone, press a few buttons, and then you have access to this whole financial system. Bitcoin is just kind of like a pet rock salon is like doubling and continues to double capacity it's hard to not be

0:40.6

impressed with what system. Bitcoin is just kind of like a pet rock. Salana's like doubling and continues to double

0:38.5

capacity. It's hard to not be impressed with what Solana has achieved and there's still so much

0:43.9

work to do. Lucas, thanks for coming on the show. Thanks for having me. Yeah. Okay, so tell us what

0:52.3

you're working on with Gito. Yeah, so Gito is the largest liquid staking protocol in Solana, and we're kind of view ourselves as

0:59.3

the economic growth engine for Solana. So the liquid staking protocol, and then we also build a

1:05.7

validator client, which basically tries to optimize the transaction ordering on the network.

1:11.4

Why would we need such a service on Solana?

1:13.8

We started you in 2021, and we just had this thesis that there would be a lot of spam on Solana,

1:21.9

just transaction spam.

1:23.7

And there has been because Blockspace is so cheap.

1:26.2

Yeah, and transactions are super cheap. Transactions are less than a hundredth of a penny, so very cheap. Salon was pretty early back in the day. The tech has gotten much better, but back then it was a little simpler, which can be good and bad. For a while. It was pretty bad there. Some outages here or there. Yeah. I started doing

1:45.0

MEP before then, so I was doing a little trading on Ethereum and fell down in that rabbit

1:50.2

hole for a few months. So I was working my day job, and then I'd go home and work on this trading

1:54.6

bot. I discovered Solana, I think early 2021, and just kind of fell in love with it.

2:00.7

What was it about Solana that attracted you,

2:02.8

having come from your background with Ethereum?

2:06.1

I would say it was just like the very low level stuff.

2:08.0

I studied computer engineering, so like very low level,

2:10.9

how to process just work.

...

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