In the last few months $SOL has not shown any significant moves. After Robinhood pulled a big chunk of the meme coin energy out of the market Solana has been struggling.🔔
But Solana dropped some real news. There are proposals on the table that would burn a lot more SOL every day jumping from around 650 all the way up to 9000. They also want to cut staking rewards by making inflation fall twice as fast.
That means fewer new tokens get printed and more get burned. Supply gets tighter for real. Keep your eyes on this one. If this gets approved, it could be huge for Solana.
🚨BREAKING: Michael Saylor’s Strategy just sold 1,638 Bitcoin for $104.7 million. Proceeds went to preferred dividends + STRC buybacks. Cash reserve now sits at $4 billion.
Yet $BTC is still holding around $63k with no panic dump.