diff --git a/Sources/OpenFeature/OpenFeatureAPI.swift b/Sources/OpenFeature/OpenFeatureAPI.swift
index 736bc85..704a556 100644
--- a/Sources/OpenFeature/OpenFeatureAPI.swift
+++ b/Sources/OpenFeature/OpenFeatureAPI.swift
@@ -1,19 +1,36 @@
 import Combine
 import Foundation
 
-/// Simple serial async task queue for serializing operations
-private actor AsyncSerialQueue {
-    private var last: Task<Void, Never>?
-
-    /// Runs the given operation after previously enqueued work completes.
+/// Async queue that only executes the latest operation, cancelling pending ones
+/// This implements "last wins" semantics where intermediate operations that haven't
+/// started yet will be skipped in favor of the most recently queued operation.
+internal actor AsyncLastWinsQueue {
+    private var currentTask: Task<Void, Never>?
+    private var pendingOperation: (() async -> Void)?
+
+    /// Runs the given operation, but only the latest one will execute.
+    /// Any pending operations that haven't started yet will be skipped.
     func run(_ operation: @Sendable @escaping () async -> Void) async {
-        let previous = last
-        let task = Task {
-            _ = await previous?.result
-            await operation()
+        // Store this as the pending operation
+        pendingOperation = operation
+
+        // If there's already a task running, it will pick up this new operation when done
+        if currentTask == nil {
+            await executeNext()
+        }
+    }
+
+    private func executeNext() async {
+        while let operation = pendingOperation {
+            pendingOperation = nil  // Clear pending before starting
+
+            let task = Task {
+                await operation()
+            }
+            currentTask = task
+            await task.value
+            currentTask = nil
         }
-        last = task
-        await task.value
     }
 }
 
@@ -22,7 +39,7 @@ private actor AsyncSerialQueue {
 public class OpenFeatureAPI {
     private let eventHandler = EventHandler()
     private let stateQueue = DispatchQueue(label: "com.openfeature.state.queue")
-    private let atomicOperationsQueue = AsyncSerialQueue()
+    private let atomicOperationsQueue = AsyncLastWinsQueue()
 
     private(set) var providerSubject = CurrentValueSubject<FeatureProvider?, Never>(nil)
     private(set) var evaluationContext: EvaluationContext?
diff --git a/Tests/OpenFeatureTests/AsyncLastWinsQueueTests.swift b/Tests/OpenFeatureTests/AsyncLastWinsQueueTests.swift
new file mode 100644
index 0000000..91c1a83
--- /dev/null
+++ b/Tests/OpenFeatureTests/AsyncLastWinsQueueTests.swift
@@ -0,0 +1,256 @@
+import XCTest
+@testable import OpenFeature
+
+class AsyncLastWinsQueueTests: XCTestCase {
+
+    // MARK: - Basic Behavior Tests
+
+    func testSingleOperationExecutes() async throws {
+        let queue = AsyncLastWinsQueue()
+        let executed = ActorBox<Bool>(false)
+
+        await queue.run {
+            await executed.set(true)
+        }
+
+        let result = await executed.get()
+        XCTAssertTrue(result, "Single operation should execute")
+    }
+
+    func testSequentialOperationsAllExecute() async throws {
+        let queue = AsyncLastWinsQueue()
+        let counter = ActorBox<Int>(0)
+
+        // Execute 3 operations sequentially (one at a time)
+        await queue.run {
+            await counter.increment()
+        }
+
+        await queue.run {
+            await counter.increment()
+        }
+
+        await queue.run {
+            await counter.increment()
+        }
+
+        let result = await counter.get()
+        XCTAssertEqual(result, 3, "All sequential operations should execute")
+    }
+
+    // MARK: - Core "Last Wins" Tests
+
+    func testConcurrentOperationsSkipIntermediate() async throws {
+        let queue = AsyncLastWinsQueue()
+        let executionOrder = ActorBox<[Int]>([])
+        let blockFirstOperation = ActorBox<Bool>(true)
+
+        // Start 5 operations concurrently
+        // The first one will block, the middle ones should be skipped,
+        // only the last one should execute after the first completes
+        await withTaskGroup(of: Void.self) { group in
+            for i in 0..<5 {
+                group.addTask {
+                    await queue.run {
+                        // First operation blocks until we release it
+                        if i == 0 {
+                            while await blockFirstOperation.get() {
+                                try? await Task.sleep(nanoseconds: 10_000_000) // 10ms
+                            }
+                        }
+                        await executionOrder.append(i)
+                    }
+                }
+            }
+
+            // Give time for all operations to be queued
+            try? await Task.sleep(nanoseconds: 50_000_000) // 50ms
+
+            // Release the first operation
+            await blockFirstOperation.set(false)
+        }
+
+        let order = await executionOrder.get()
+
+        // Should execute: operation 0 (first, was running) and operation 4 (last wins)
+        XCTAssertEqual(order.count, 2, "Should only execute 2 operations: first and last")
+        XCTAssertEqual(order[0], 0, "First operation should execute first")
+        XCTAssertEqual(order[1], 4, "Last operation should execute second")
+    }
+
+    func testRapidFireOnlyExecutesFirstAndLast() async throws {
+        let queue = AsyncLastWinsQueue()
+        let executed = ActorBox<Set<Int>>([])
+
+        await withTaskGroup(of: Void.self) { group in
+            // Launch 100 operations that all try to start simultaneously
+            for i in 0..<100 {
+                group.addTask {
+                    await queue.run {
+                        // Simulate some work
+                        try? await Task.sleep(nanoseconds: 1_000_000) // 1ms
+                        await executed.insert(i)
+                    }
+                }
+            }
+        }
+
+        let executedSet = await executed.get()
+
+        // Should execute much fewer than 100 operations
+        XCTAssertLessThan(executedSet.count, 100, "Should skip many intermediate operations")
+
+        // First operation should execute (it started immediately)
+        XCTAssertTrue(executedSet.contains(0), "First operation should execute")
+
+        // Last operation should execute (last wins)
+        XCTAssertTrue(executedSet.contains(99), "Last operation should execute")
+
+        // Total executed should be small (first + maybe a few more + last)
+        XCTAssertLessThan(executedSet.count, 10, "Should execute very few operations in rapid fire")
+    }
+
+    // MARK: - Ordering and Consistency Tests
+
+    func testOperationsNeverRunConcurrently() async throws {
+        let queue = AsyncLastWinsQueue()
+        let concurrentExecutions = ActorBox<Int>(0)
+        let maxConcurrent = ActorBox<Int>(0)
+        let errors = ActorBox<[String]>([])
+
+        await withTaskGroup(of: Void.self) { group in
+            for i in 0..<50 {
+                group.addTask {
+                    await queue.run {
+                        let current = await concurrentExecutions.increment()
+
+                        if current > 1 {
+                            await errors.append("Concurrent execution detected at operation \(i)")
+                        }
+
+                        await maxConcurrent.updateMax(current)
+
+                        // Simulate work
+                        try? await Task.sleep(nanoseconds: 5_000_000) // 5ms
+
+                        await concurrentExecutions.decrement()
+                    }
+                }
+            }
+        }
+
+        let max = await maxConcurrent.get()
+        let errorList = await errors.get()
+
+        XCTAssertEqual(max, 1, "Should never have more than 1 concurrent execution")
+        XCTAssertTrue(errorList.isEmpty, "Should have no concurrent execution errors: \(errorList)")
+    }
+
+    func testFinalStateReflectsLastOperation() async throws {
+        let queue = AsyncLastWinsQueue()
+        let finalValue = ActorBox<String?>(nil)
+        let slowOperationStarted = ActorBox<Bool>(false)
+        let slowOperationCanProceed = ActorBox<Bool>(false)
+
+        await withTaskGroup(of: Void.self) { group in
+            // Start a slow operation
+            group.addTask {
+                await queue.run {
+                    await slowOperationStarted.set(true)
+                    // Wait for signal
+                    while !(await slowOperationCanProceed.get()) {
+                        try? await Task.sleep(nanoseconds: 10_000_000)
+                    }
+                    await finalValue.set("slow")
+                }
+            }
+
+            // Wait for slow operation to start
+            while !(await slowOperationStarted.get()) {
+                try? await Task.sleep(nanoseconds: 10_000_000)
+            }
+
+            // Queue multiple operations while slow one is running
+            group.addTask {
+                await queue.run {
+                    await finalValue.set("middle1")
+                }
+            }
+
+            group.addTask {
+                await queue.run {
+                    await finalValue.set("middle2")
+                }
+            }
+
+            group.addTask {
+                await queue.run {
+                    await finalValue.set("last")
+                }
+            }
+
+            // Give time for all to be queued
+            try? await Task.sleep(nanoseconds: 50_000_000)
+
+            // Release slow operation
+            await slowOperationCanProceed.set(true)
+        }
+
+        let result = await finalValue.get()
+        XCTAssertEqual(result, "last", "Final state should reflect the last queued operation")
+    }
+}
+
+// MARK: - Helper Actor for Thread-Safe State
+
+actor ActorBox<T> {
+    private var value: T
+
+    init(_ initialValue: T) {
+        self.value = initialValue
+    }
+
+    func get() -> T {
+        return value
+    }
+
+    func set(_ newValue: T) {
+        self.value = newValue
+    }
+}
+
+extension ActorBox where T == Int {
+    @discardableResult
+    func increment() -> Int {
+        value += 1
+        return value
+    }
+
+    func decrement() {
+        value -= 1
+    }
+
+    func updateMax(_ candidate: Int) {
+        if candidate > value {
+            value = candidate
+        }
+    }
+}
+
+extension ActorBox where T == [Int] {
+    func append(_ element: Int) {
+        value.append(element)
+    }
+}
+
+extension ActorBox where T == [String] {
+    func append(_ element: String) {
+        value.append(element)
+    }
+}
+
+extension ActorBox where T == Set<Int> {
+    func insert(_ element: Int) {
+        value.insert(element)
+    }
+}