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International Business Times

Business

Isaiah McCall

Solana Price Breaks $80, Gives 1.2 Million Stakers the Power to Overrule Their Validators

SOL Solana Foundation

Solana Just Gave 1.2 Million Stakers the Power to Overrule (Credit: IBTimes US)

For its entire history, Solana's biggest decisions were made the way a startup makes them: by the founders, the core devs, and the Foundation. That changed on July 1.

The Solana Foundation launched a fully on-chain governance system called Solana Governance Proposals, giving validators and everyday stakers a formal, binding vote on the network's direction for the first time.

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