SIMD 0228 - The Growing Pains and Transformation of Solana
The background of such a proposal is that Solana has gradually returned to a calm phase after the on-chain frenzy brought by Memecoins following Trump's coin launch. The weekly trading volume has retreated from nearly $100 billion at the beginning of the year to less than $10 billion, a decline of 90%, which is now lower than the trading volume during the early rise of Memecoins.