The five-planet Nice model is a recent variation of the Nice model that begins with five giant planets, the current four plus an additional ice giant, in a chain of mean-motion resonances. After the resonance chain is broken, the five giant planets undergo a period of planetesimal-driven migration, followed by a gravitational instability similar to that in the original Nice model. During the instability the additional giant planet is scattered inward onto a Jupiter-crossing orbit and is ejected from the Solar System following an encounter with Jupiter. An early Solar System with five giant planets was proposed in 2011 after numerical models indicated that this is more likely to reproduce the current Solar System.
Current theories of planetary formation do not allow for the accretion of Uranus and Neptune in their present positions. The protoplanetary disk was too diffuse and the time scales too long for them to form via planetesimal accretion before the gas disk dissipated, and numerical models indicate that later accretion would be halted once Pluto-sized planetesimals formed. Although more recent models including pebble accretion allow for faster growth the inward migration of the planets due to interactions with the gas disk leave them in closer orbits.
It is now widely accepted that the Solar System was initially more compact and that the outer planets migrated outward to their current positions. The planetesimal-driven migration of the outer planets was first described in 1984 by Fernandez and Ip. This process is driven by the exchange of angular momentum between the planets and planetesimals originating from an outer disk. Early dynamical models assumed that this migration was smooth. In addition to reproducing the current positions of the outer planets, these models offered explanations for: the populations of resonant objects in the Kuiper belt, the eccentricity of Pluto's orbit, the inclinations of the hot classical Kuiper belt objects and the retention of a scattered disk, and the low mass of Kuiper belt and the location of its outer edge near the 2:1 resonance with Neptune. However, these models failed to reproduce the eccentricities of the outer planets, leaving them with very small eccentricities at the end of the migration.