Two years after going on hiatus, the Solana-based derivatives decentralized exchange 01 is set to relaunch under the name N1. Co-founder Dima Romanov announced the relaunch and revealed the team's journey and challenges faced along the way. The exchange has the support of Arthur Hayes and other venture capitalists. Solana has recently celebrated one year without any network-stalling consensus problems and has processed over 369 billion transactions. Despite controversies and market crashes, Solana remains the second-largest DeFi network by TVL and continues to grow thanks to innovations and network upgrades.



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