This Solana fee reform—what will actually be remembered isn’t the burn; it’s the start of taxing the most active whales on-chain. Burning is meant for token holders to see. What truly changes behavior is whether, after the cost per transaction for large holders is raised, it’s still “worth it” to carry on.
SOL is at $74.51 today—no rise, actually down one percent. The market didn’t clap for the proposal, because it can tell the difference: cheap and fast are Solana’s toughest cards. Once a tax is added, that card gets thinner by a margin. The first to move are the memecoin “shitcoins” and the arbitrage machines.
ElizaOS is even more direct: the founder said in their own words that the project has died, and the token is down 19% to a new low. They even buried the tax base themselves—so what’s there left to talk about deflation.
Put these two news items together in one sentence: those still in the arena right now may not all be believers—some are just temporarily out of options.
SOL is at $74.51 today—no rise, actually down one percent. The market didn’t clap for the proposal, because it can tell the difference: cheap and fast are Solana’s toughest cards. Once a tax is added, that card gets thinner by a margin. The first to move are the memecoin “shitcoins” and the arbitrage machines.
ElizaOS is even more direct: the founder said in their own words that the project has died, and the token is down 19% to a new low. They even buried the tax base themselves—so what’s there left to talk about deflation.
Put these two news items together in one sentence: those still in the arena right now may not all be believers—some are just temporarily out of options.