Solana’s Double-Deflation Proposal Reaches Quorum, Putting a Supply Reduction in Focus
Solana’s proposed double-deflation mechanism has reached the required voting quorum with roughly 27 hours remaining. Participation stands at 33.84%, while 25% of votes cast support the proposal.
If approved, the change would double Solana’s deflation rate, potentially reducing the pace at which SOL supply expands. The proposal has drawn market attention, with SOL rising about 8% over the past 24 hours in the original report. However, governance approval and supply mechanics do not guarantee future price performance, as broader market conditions and voting outcomes remain key factors.
According to live Binance Spot data, SOL is trading at $106, up about 5.80% over the last 24 hours. Its 24-hour range is $100.70–$110.60.
$SOL
#TaiwanTAIEXRetakes46500OnChipRally #CentralBanksBuy289TonsGoldInQ2 #NvidiaRises8.74%AfterEarnings
#solana #MarvellFallsOver5%AfterHours
Solana’s proposed double-deflation mechanism has reached the required voting quorum with roughly 27 hours remaining. Participation stands at 33.84%, while 25% of votes cast support the proposal.
If approved, the change would double Solana’s deflation rate, potentially reducing the pace at which SOL supply expands. The proposal has drawn market attention, with SOL rising about 8% over the past 24 hours in the original report. However, governance approval and supply mechanics do not guarantee future price performance, as broader market conditions and voting outcomes remain key factors.
According to live Binance Spot data, SOL is trading at $106, up about 5.80% over the last 24 hours. Its 24-hour range is $100.70–$110.60.
$SOL
#TaiwanTAIEXRetakes46500OnChipRally #CentralBanksBuy289TonsGoldInQ2 #NvidiaRises8.74%AfterEarnings
#solana #MarvellFallsOver5%AfterHours
