Jito Labs announced an update on X platform stating that due to negative external factors affecting Solana users, Jito Labs has decided to temporarily suspend the memory pool provided by Jito Block Engine after careful consideration and discussions with the Jito Labs team and major Solana ecosystem stakeholders. The product will be suspended later today, while bundled packages and other block engine functions will continue to operate normally.

The Jito Labs team stated that they remain committed to the long-term success of the Solana network, including applications, users, validators, and stakers, and will continue to focus their time on the Jito network, providing additional sources of income for validators and stakers in addition to making Solana the best execution environment for all users.