1/ Solana is taking major steps towards becoming the home of internet capital markets. 🧵👇 Upcoming changes are designed to give developers ALL the tools they need to build efficient, liquid markets on-chain.

2/ Two key concepts driving this transformation: Market Microstructure: The “rules of the game” for trading on any venue. Small rule changes = massive improvements in user outcomes. Application-Controlled Execution (ACE): Apps get control over HOW and WHEN transactions execute (instead of validators controlling this)

3/ ELI5: Why should everyday Solana users care?Simple: These changes reduce friction for traders. Developers can build better apps Traders get more reliable execution and better prices.

4/ For builders, this represents a major change. Previously: Choose between Solana’s network effects OR app chain flexibility Now: Get BOTH with ACE. All the control of your own chain + all the users and liquidity of Solana mainnet.

5/ Practical examples of what this enables: Derivatives exchanges with complex message types Perpetuals (perps) trading with much better UX

6/ This doesn’t change Solana’s core mission - it AMPLIFIES it. Solana was founded to build a platform for on-chain exchange. Critics said monolithic blockchains couldn’t match app chain flexibility. Turns out they were wrong.