Solana Inflation Reduction Proposal Gains 70% Support

Solana’s Inflation Set for Major Cut as Proposal Gains 70% Approval

The Solana community is backing a significant inflation reduction proposal (SIMD-0228), which aims to cut SOL’s inflation by up to 80%. With 70.21% of votes in favor, the proposal is on track to pass, bringing major implications for $SOL supply and long-term value.

What Is SIMD-0228 and Why Does It Matter?

SIMD-0228 is a governance proposal aimed at reducing the inflation rate of Solana (SOL), which currently has an annual issuance rate of around 6-8%. If passed, it could slash inflation by up to 80%, making $SOL more scarce and potentially more valuable over time.

If finalized, this proposal could significantly impact Solana’s economic model, benefiting long-term holders by reducing token dilution.

SIMD Vote Status

How Will This Affect Solana ($SOL)?

What’s Next?

With Solana’s transaction speed, developer adoption, and now a potential deflationary model, this could mark a major shift in Solana’s economic design.