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Thursday, April 17, 2025

SOL Methods Expands Validators, Backs Solana Governance in March Replace

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SOL Methods Inc. accomplished a number of enlargement initiatives in March 2025, rising its place inside the Solana staking ecosystem.

🚨 SOL Methods March Replace is right here:
• 3.39M SOL staked (~CAD $552M)
• @laine_sa_ + https://t.co/dhFFirLQ4N acquisition full 99.955% uptime
• Firedancer working on 2 validators + restaking intigration w/ Jito's TipRouter NCN
• 24K SOL added to treasury
•… pic.twitter.com/OGrxSuiWRU

— SOL Methods (CSE: HODL | OTCQX: CYFRF) (@solstrategies_) April 7, 2025

The publicly traded Canadian agency launched its operational replace for final month on April 7, highlighting a month outlined by strategic enlargement, infrastructure upgrades, and governance involvement.

SOL Methods Expands Stake By Validator Acquisitions

The corporate’s most transformative transfer was buying three distinguished Solana validators, together with the extremely revered Laine validator and the validator analytics platform Stakewiz.com.

The $24 million transaction was finalized on March 17 and marked a 102% enhance within the firm’s whole SOL stake, which now stands at 3,351,617 SOL (roughly $388 million).

Accompanying the acquisition was the addition of Laine’s founder, Michael Hubbard, to SOL Methods’ govt staff as Chief Technique Officer.

Hubbard, recognized for his technical experience within the Solana ecosystem, is now spearheading the enlargement of validator infrastructure and high-value institutional partnerships.

The validator acquisition additionally launched key efficiency enhancements.

SOL Methods reported 99.955% uptime throughout all validators and delivered a mean APY of seven.41% to delegators, outperforming the community common.

Key Validators Align Behind SIMD-228, however Proposal Falls Brief

Past validator operations, the corporate actively participated within the vote on SIMD-228, a pivotal proposal to scale back Solana’s inflation price from 4.5% to 0.87%.

SOL Methods publicly confirmed that every one its validators voted in favor of the proposal.

Whereas the proposal secured 61.4% help, it fell in need of the two-thirds threshold wanted for adoption.

The put up SOL Methods Expands Validators, Backs Solana Governance in March Replace appeared first on Cryptonews.

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