The Layer 33 alliance, composed of 25 independent Solana validation Nodes, has initiated a coordinated action aimed at maintaining network Decentralization by operating a single and evenly distributed staking pool with a target share of 33% of total stakes. This move is intended to address the increasing centralization risks, as the top 20 validating Nodes currently hold over 33% of the stakes—exceeding Solana's Nakamoto coefficient threshold of 20%—while institutional funds are also flowing massively into Solana, such as the net inflow of $621 million into the Solana ETF and the ETF application submitted by Franklin Templeton. The alliance's goal is to address the issue of stake concentration caused by the decline in the number of large delegations and validating Nodes, while updates like Alpenglow's cancellation of voting fees may also help smaller operators.
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Layer 33 initiated coordinated actions to maintain the decentralization features of Solana.
The Layer 33 alliance, composed of 25 independent Solana validation Nodes, has initiated a coordinated action aimed at maintaining network Decentralization by operating a single and evenly distributed staking pool with a target share of 33% of total stakes. This move is intended to address the increasing centralization risks, as the top 20 validating Nodes currently hold over 33% of the stakes—exceeding Solana's Nakamoto coefficient threshold of 20%—while institutional funds are also flowing massively into Solana, such as the net inflow of $621 million into the Solana ETF and the ETF application submitted by Franklin Templeton. The alliance's goal is to address the issue of stake concentration caused by the decline in the number of large delegations and validating Nodes, while updates like Alpenglow's cancellation of voting fees may also help smaller operators.