A new Solana governance proposal, SIMD-0550, seeks to double the rate at which the network's inflation decreases, reducing future SOL token emissions by about $1.5 billion at current prices. The proposal would speed up the decline from 15% to 30% annually, reaching the terminal inflation rate in 2.8 years instead of 5.7. While this benefits SOL holders by reducing dilution, it may reduce rewards for validators, who secure the network and earn from inflation. The proposal is in early discussion and faces political challenges, as validators may oppose it while large token holders support it.
Solana's price fell to a multi-year low around $69.97, down over 6.8% in 24 hours and 18.3% monthly, following a broad crypto sell-off triggered by Bitcoin dropping toward $61,300. This led to $1.6 billion in leveraged liquidations, pushing Solana be...
Crypto markets experienced $1.2 billion in liquidations over 24 hours, driven mainly by Bitcoin and Ethereum long positions being squeezed amid high volatility. Bitcoin liquidations totaled about $778 million, Ethereum $400 million, with altcoins lik...
Solana's price recently dropped sharply, moving into the lower Bollinger Band near $67, signaling strong selling pressure and oversold conditions. Analysts identified a key support range between $58 and $67, suggesting the price may retest this zone ...
Solana (SOL) dropped to its lowest price since December 2023, falling toward $68 after over $88 million in long positions were liquidated in a single day. The selloff reflects weakening demand, as active addresses and social interest have steadily de...
Solana's price fell sharply below the $70 support level to $66, marking its lowest point since December 2023. This drop triggered widespread panic selling across both spot and futures markets, with significant liquidations totaling $83 million, mostl...
