Frax Finance has announced the launch of its new Hoodi testnet, marking a significant step in its development roadmap. The company plans to deprecate the existing Holesky testnet on October 17, as it transitions to the new testing environment. The introduction of the Hoodi testnet is expected to enhance Frax Finance's testing capabilities, providing a more robust platform for developers to experiment and innovate. This move aligns with Frax Finance's ongoing efforts to improve its infrastructure and support its growing ecosystem.