Galaxy Research: SIMD-0411 on Solana likely withdrawn, reform delayed to 2026

Galaxy Research indicates Solana's inflation reform will not advance in 2026, with associate Lucas Tcheyan saying SIMD-0411 will likely be withdrawn without a vote. Priorities are shifting to market microstructure and onchain efficiency, while Galaxy expects Solana-based Internet Capital Markets to reach $2 billion from roughly $750 million today. SOL traded near $123 with a small daily gain.