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<ul>
 <li>Solana’s native token SOL surged by 1000% from October 2023 to March 2024.</li>
 <li>Solana requested testnet validators to upgrade, signaling continuous improvement.</li>
 <li>Drift Protocol gained traction on Solana, recognized by Bloomberg Crypto for its transparent infrastructure.</li>
</ul>
<p><a href="https://solana.com/" target="_blank" rel="noopener noreferrer nofollow">Solana</a> has achieved an incredible milestone in its journey, with an incredible surge. SOL, the native token of Solana, has increased by 1000% between October 2023 and March 2024. This massive increase shows how significant Solana has grown in the blockchain ecosystem.</p>
<p>The <a href="https://cryptonewsland.com/solana-price-prediction-could-sols-value-soar-past-600-in-2024/" target="_blank" rel="noopener noreferrer nofollow">sharp increase in SOL’s value</a> demonstrates that investors have grown progressively more confident in Solana’s technology and potential. In addition to exhibiting remarkable pricing performance, Solana has been steadily growing its ecosystem and hitting important milestones. The project has shown its dedication to innovation and ongoing development by requesting validators on its testnet to update to version 1.18.14.</p>
<p>The head of Anza’s developer relations, Rex St. John, acknowledged the significance of this update, saying that it is an essential step toward improving Solana’s capabilities and getting ready for the mainnet-beta deployment of the same version. The community is looking forward to the testnet’s switch to v1.18.14 supermajority and the ensuing improvements and changes in the Solana ecosystem.</p>
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   <p lang="en" dir="ltr">.<a href="https://twitter.com/solana?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@solana</a> testnet (NOT mainnet-beta) validators are requested to update to v1.18.14 when there's less than 5% delinquent stake.<br><br>This is the next step in the sequence of steps leading to v1.18.14 on mainnet-beta. Once testnet is running v1.18.14 supermajority, look for a follow…</p>— Rex St. John (@rexstjohn) <a href="https://twitter.com/rexstjohn/status/1795275072854470865?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 28, 2024</a>
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<p>Solana has not only achieved great strides in technology but also gained a substantial following among mainstream institutions. Institutional investors looking for decentralized exchange alternatives are taking interest of Drift Protocol, a Solana-based derivatives exchange for perpetual futures.</p>
<p>The fact that Drift Protocol <a href="https://cryptonewsland.com/top-airdrops-in-may-2024-how-not-drift-are-revolutionizing-the-crypto-market/" target="_blank" rel="noopener noreferrer nofollow">has been acknowledged</a> by Bloomberg Crypto serves to further establish Solana as a strong contender in the financial industry. The future of the blockchain seems bright as Solana keeps attracting investors and institutions and gaining momentum. With its strong technology, expanding ecosystem, and rising user base, Solana is well-positioned to have a significant impact on how blockchain innovation and decentralized finance (DeFi) develop in the future.</p>
<p>Solana’s 1000% increase is indicative of its expanding potential and influence in the blockchain space. The Solana project is well-positioned to play an essential part in the continuing development of decentralized technologies owing to its dedication to technical excellence and its attractiveness to institutional investors.</p>
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<p>The post <a href="https://cryptonewsland.com/solanas-ascent-record-breaking-milestones-and-a-1000-surge-whats-next-for-this-blockchain/" rel="noopener noreferrer nofollow">Solana’s Ascent: Record-Breaking Milestones and a 1000% Surge, What’s Next for This Blockchain?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Solana’s Ascent: Record-Breaking Milestones and a 1000% Surge, What’s Next for This Blockchain?

Crypto News Land

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