SOLANA JUST PROPOSED A MAJOR SUPPLY SHIFT
Solana validators are signaling support for proposals that could push daily SOL burns from roughly $47,000 to as much as $650,000 — while also accelerating the network’s reduction in new SOL issuance.
But here’s the catch: about 40 million more SOL in validator support is still needed to reach the 15% threshold for a formal vote by August 18.
And don’t mistake this for instant deflation even 9,000 SOL burned daily would still be below roughly 60,000 SOL currently issued each day.
This could become one of Solana’s biggest tokenomics stories.
👀 I’m watching it. Are you? Follow Sackam for crypto news and market developments as they happen.
#solana #sol #CryptoNews #blockchaineconomy #altcoins
Real news image from the CoinDesk report.
Solana validators are signaling support for proposals that could push daily SOL burns from roughly $47,000 to as much as $650,000 — while also accelerating the network’s reduction in new SOL issuance.
But here’s the catch: about 40 million more SOL in validator support is still needed to reach the 15% threshold for a formal vote by August 18.
And don’t mistake this for instant deflation even 9,000 SOL burned daily would still be below roughly 60,000 SOL currently issued each day.
This could become one of Solana’s biggest tokenomics stories.
👀 I’m watching it. Are you? Follow Sackam for crypto news and market developments as they happen.
#solana #sol #CryptoNews #blockchaineconomy #altcoins
Real news image from the CoinDesk report.