Solana News: Proposals Could Cut $1.5Bn in SOL Issuance

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SOL is trading at $105, up 9% over the past 24 hours, as validators consider two governance proposals that could reshape the network’s supply curve for years. SIMD-0550 and SIMD-0553, under vote until epoch 1023 (around August 27 at 15:30 UTC), seek to double the annual disinflation rate from 15% to 30% and introduce burn mechanics on compute-unit fees, potentially reducing SOL issuance by 18.9 million tokens over six years, worth $1.4-$1.5 billion according to 21Shares’ modeling. The psychological $100 level, now acting as support after serving as resistance, represents a key inflection point: a favorable vote could push SOL toward $110-$120, while rejection would send it back toward the mid-$90s.

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Telemac
Telemachttp://cryptoinfo.ch
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