Solana's new proposal SIMD-0547 aims to overhaul SOL tokenomics by introducing a resource-based fee system that burns 100% of base transaction fees. This change could increase the daily SOL burn rate from about 648 to between 1,500 and 1,800 SOL, narrowing the gap between SOL minted and burned. The proposal has backing from Solana co-founder Anatoly Yakovenko, Helius, and the Solana Foundation, but it depends on the upcoming Alpenglow consensus upgrade with no set activation date. While it won't make SOL deflationary immediately, it represents a significant step toward reducing inflation impact on the network.
Solana (SOL) has experienced its longest losing streak ever, closing eight consecutive red monthly candles from October 2025 to May 2026, with its price dropping from a peak of over $220 to around $81. Despite this significant price decline and a mar...
Solana's price recovered from a Q1 2026 low near $60 to around $90 by late May, driven by the Alpenglow consensus upgrade test launch, Firedancer validator rollout, and over $1.12 billion in cumulative spot ETF inflows. Institutional interest grows w...
Solana (SOL) is currently trading within a tightening range between two trendlines, with $68.02 identified as a critical support level to maintain its bullish outlook. A breakout above this range could push SOL toward $98 initially, with further resi...
Two competing proposals, SIMD-547 and SIMD-0411, are under active debate to improve Solana's tokenomics. SIMD-547 suggests a resource-based fee that could increase daily SOL burn by 16 to 100 times, potentially making SOL deflationary during high usa...
Hyperliquid (HYPE) reached a new high of $70.36 driven by strong buying from major investors and institutional interest, including a $3.12 million purchase by a large wallet. Former BitMEX CEO Arthur Hayes predicts HYPE will surpass Solana's market c...
