8h ago
Solana Proposal SIMD-0411 Targets 1.5% Inflation by 2029, Cutting 22.3 Million SOL
Solana stakeholders are reviewing proposal SIMD-0411, which would accelerate the network's inflation reduction timeline. The plan seeks to double the annual inflation decrement rate from 15% to 30%, potentially reaching the 1.5% target by early 2029 instead of 2032. If approved, the adjustment would reduce token issuance by approximately 22.3 million SOL over six years, valued at around $2.9 billion at current prices.
SOL
SOL+3.39%
8h ago
9h ago
Solana proposes doubling disinflation rate to 30% in SIMD-0411
Solana introduced SIMD-0411, a proposal to increase the network's disinflation rate from 15% to 30% annually. The plan would reduce inflation from 4.5% to approximately 1.5% over three years, potentially removing 22.3 million SOL from the inflation schedule over six years. Community members have raised concerns about short-term impacts on DeFi yields, while supporters argue the measure could reduce selling pressure from stakers.
SOL
SOL+3.39%
9h ago
16h ago
Grayscale to Launch Dogecoin and XRP Spot ETFs on NYSE Arca November 24
Grayscale Investments will launch spot ETFs for Dogecoin and XRP on NYSE Arca on November 24, 2025, trading as GDOG and GXRP. The products convert existing private trusts into publicly traded funds, enabling retail and institutional investors to access both cryptocurrencies through traditional brokerage accounts. Regulatory filings with the US Securities and Exchange Commission confirm the listings.
Selecionado
DOGE
DOGE+4.60%
16h ago