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Solana co-founder proposes minting new SOL via validator-priced tokenized collateral to boost network revenue.

Protocol Fundamentals
24 Oct 2026
Crypto Briefing
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Bullish
Solana co-founder proposes minting new SOL via validator-priced tokenized collateral to boost network revenue.

Solana co-founder Anatoly Yakovenko proposed a new system where validators price tokenized collateral to mint new SOL tokens, with profits taxed to increase network revenue. This idea leverages Solana's recent Alpenglow upgrade, which improved validator voting speed, making the validator-run oracle feasible. The proposal is still in early stages, shared on social media without formal governance or implementation plans. It raises questions about supply dilution and validator incentives but could offer a native alternative to existing oracle providers like Pyth and RedStone.

Solana's market cap stands at Rp1.078,45 trillion as of Oct 25, 2026, 03:02 WIB, with a 24-hour trading volume of Rp46,68 trillion on Pluang. The price of SOL is Rp1.831.774, down 2.01% in the last day, while the platform shows a nearly balanced order activity with 53% selling and 47% buying interest. Typical hold time for SOL investors on Pluang is 71 days, indicating moderate-term engagement amid evolving network proposals.

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