Solana's supply vote closes in ~3 hours. SOL just broke $100.
Validators vote on SGP-0002 until the end of epoch 1023, roughly 15:30 UTC today. It would double SOL's annual disinflation rate from 15% to 30% — about 18.9M fewer SOL emitted over six years. It needs one-third of stake voting plus a two-thirds supermajority (crypto.news).
Less issuance means less structural sell pressure from stakers. It lands while US spot SOL ETFs sit at a record $1.22B cumulative inflows, after 2026's largest single-day print of $33.5M (CoinDesk).
Supply cut, ETF bid, first reclaim of $100 in six months. SOL is +7.6% near $104. The level traders are watching is that $100 retest: hold it and the breakout confirms, lose it and this was a vote-day squeeze. $SOL leads, $BTC and $ETH set the tape.
Does SGP-0002 clear two-thirds today?
#Solana #Write2Earn #ETFFlows #CryptoNews
Not financial advice. DYOR.
Validators vote on SGP-0002 until the end of epoch 1023, roughly 15:30 UTC today. It would double SOL's annual disinflation rate from 15% to 30% — about 18.9M fewer SOL emitted over six years. It needs one-third of stake voting plus a two-thirds supermajority (crypto.news).
Less issuance means less structural sell pressure from stakers. It lands while US spot SOL ETFs sit at a record $1.22B cumulative inflows, after 2026's largest single-day print of $33.5M (CoinDesk).
Supply cut, ETF bid, first reclaim of $100 in six months. SOL is +7.6% near $104. The level traders are watching is that $100 retest: hold it and the breakout confirms, lose it and this was a vote-day squeeze. $SOL leads, $BTC and $ETH set the tape.
Does SGP-0002 clear two-thirds today?
#Solana #Write2Earn #ETFFlows #CryptoNews
Not financial advice. DYOR.
