Solana Foundation Revamps Delegation Program to Boost Network Decentralization
23.04.2025 20:00
The Solana Foundation announced a significant update to its Delegation Program aimed at deepening network decentralization and promoting a self-sustaining validator ecosystem. Under the new policy, for every new validator that joins the Solana Foundation Delegation Program, three existing validators will be removed if they have been in the program for at least 18 months and hold less than 1,000 SOL in external staked assets. Ben Hawkins, Head of Staking Ecosystem at the Solana Foundation, explained that the changes will reduce over-reliance on centralized staking and reward validators that attract independent delegates, thereby enhancing network robustness. The revised rules are effective immediately. Additionally, related coverage briefly mentioned rumors about a new TRUMP memecoin, but the core update focuses on strengthening Solana's infrastructure for long-term network health.
The policy update is expected to have a positive impact on SOL's price by bolstering network decentralization and resilience. In the short term, the immediate enforcement of the new rules could lead to increased trading activity and investor optimism, as improved validator performance and reduced centralization are viewed favorably. Long-term, the initiative may enhance overall network security and stability, encouraging more stakers and institutional confidence based on historical patterns where protocol upgrades have spurred upward price momentum.
Sources
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