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Fueled by over 500,000 transactions and more than $100,000 in volume over the November 22-23 weekend, the x402 protocol exploded with an astounding 500% week-over-week growth in Solana activity. This breakout performance emphasized Solana's capacity to give cutting-edge decentralized applications quick, inexpensive transactions. The rise in x402 use highlighted rising developer and user faith in the scalability and practical application of the network.
With SOL rising 5.44% to $138.56 on strong trading volume of over $6.36 billion, the momentum poured straight into Solana's price behavior. Investors plainly associated x402's fast uptake with overall ecosystem health and so rewarded the network with new capital investments and enhanced optimism for Solana's competitive edge in the layer-1 battleground.
Simultaneously, Solana developers unveiled SIMD-0411, a daring plan to increase the network’s disinflation rate from 15% to 30%, hence cutting future token emissions and withdrawing approximately 22.3 million SOL out of circulation faster than predicted. Though it has started discussion over possible risks to smaller validators and long-term decentralization, if adopted the measure could set off considerable scarcity-driven upside for SOL holders. The breakout of x402 combined with the forceful deflation push point to a watershed point for the development of Solana.
