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Transitioning from SDR to AE could take up to 3 years, especially nowadays. Be sure to be a top preformer and express your desire to management. Ask them straight what you need to improve on in order to become an AE.
Nothing to do other than to keep applying externally. You also need to be networking on LI with frontline sales managers; with any luck you'll be top-of-mind any time they need to hire SMB AEs.