Solana News Today: Solana Ecosystem Leaders Collaborate on ACE Framework to Redefine Blockchain Market Microstructure for Liquid Capital Markets

Solana’s ecosystem leaders are collaborating to redefine the blockchain’s market microstructure, aiming to position the network as a foundation for the world’s most liquid capital markets. The initiative centers on Application-Controlled Execution (ACE), a technical framework designed to grant on-chain applications authority over transaction execution order—a function traditionally managed by Solana validators [1]. By enabling apps to dictate when and how transactions are processed, ACE aims to mitigate issues like transaction contention and provide tailored solutions, such as anti-sniping measures for token launchpads [1].

The effort is outlined in a blog post co-authored by key figures in the Solana developer community, including co-founder Anatoly Yakovenko, Jito Labs’ Lucas Bruder, and Multicoin Capital’s Kyle Samani. The authors emphasize that market microstructure—the rules governing how trades are executed—is the “single most important problem in Solana today,” as it directly influences trader behavior and platform efficiency [1]. Adjustments to factors like privacy-transparency tradeoffs or prioritization of market makers versus takers are under consideration to optimize the ecosystem [1].

The roadmap spans multiple phases, with immediate priorities including Jito’s Block Assembly Marketplace and Anza’s transaction landing improvements. These near-term developments, expected within three months, aim to lay groundwork for ACE-like functionalities. By late 2025 or early 2026, the rollout of Anza’s Alpenglow consensus protocol is projected to further reduce latency and simplify development on Solana [1]. Long-term goals extend into 2027, focusing on iterative testing of market structures to identify optimal configurations.

Kyle Samani noted that Solana, like Ethereum before it, historically defaulted to a taker-favoring model, which disadvantages makers. The team advocates for a flexible framework to test various structures in production environments, leveraging real-world data to refine approaches [1]. This agile methodology contrasts with rigid, preordained designs, allowing the network to adapt dynamically to evolving market demands.

The initiative underscores a broader trend in blockchain innovation: the recognition that technical infrastructure must align with financial market needs. By empowering applications to control execution logic, Solana seeks to address inefficiencies that hinder liquidity and user adoption. Critics may question the complexity of decentralized governance in managing such systems, but the authors argue that the ecosystem’s collective expertise and iterative testing mitigate these risks.

The collaboration reflects a strategic shift from generic blockchain use cases to specialized financial infrastructure. With ACE and related upgrades, Solana’s developers aim to create a fertile ground for high-performance trading platforms, institutional-grade tools, and programmable capital markets. If successful, the network could rival traditional exchanges by offering lower costs, faster execution, and programmability as a competitive edge.

Source: [1] [How Solana Is Evolving to Power Internet Capital Markets] [https://decrypt.co/331569/how-solana-evolving-power-internet-capital-markets]