The Solana Improvement Document (SIMD)-0228 proposal failed with 61.4% approval, falling short of the 66.67% threshold.Co-founder Anatoly Yakovenko defended the rejection, stating that prompt and decisive governance action is essential for Solana's success.Despite the rejection, analysts predict SOL could hit $200 by March due to bullish sentiment and market trends.The vote against SIMD-0228 is considered the largest crypto governance vote in history, with 74% validator participation.