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EDIT: Renamed to move to slnx, a new solution file format coming with a future version of VS.
We currently use slns per library but should investigate using slnfs instead. Example for System.Runtime: https://github.com/dotnet/runtime/blob/main/src/libraries/System.Runtime/System.Runtime.sln
By using an slnf, developers are able to update the solution files more easily and the files are less complex (less merge conflicts).
This is currently blocked on #93877