Solana price under massive sale pressure, sliding to less than $ 130. Will this proposal seeking to reduce sailing in inflation?
SOlana did not escape the brutal recession in the encryption market. A few coins It excels Bitcoin, with exceptions like PI Network, which continues to ride noise from the launch of Mainnet.
Along with the best 10 altcoins, Solana, Ethereum, Tron, Cardano, and even Bitcoin, cast a percentage of two numbers During the last trading week. This sale has slowed the activity via Blockchains.
On Solana, for example, revenues have decreased from publishing and smart transfers for contracts-a trend that is likely to continue with the low prices of Sol from their highest levels ever.
The Sell-FF: Meme Coin Mania is over?
Currently, Solana exchanges less than $ 130, a decrease of approximately 55 % from its peak about $ 295 in January 2025. The prices rose shortly to this record, exceeding its highest levels in 2021, after Donald Trump launched the Mimi currency. Since then, however, the currency has been on a declining slice.
(Solusdt)
The decrease partially reflects the unexpected Bitcoin diving from $ 100,000 to less than 90,000 dollars, and settles at topical rates of about $ 83,500. This double is the madness of the faded Mimi currency.
Pump.fun Metrics shows fewer distinctive symbols that have come out to Raydium lists and decreased in the launch of a new currency, reducing the demand for Sol and adding pressure on the price. It was worse for some of the best coins as the demand for Solana slows down.
The maximum wider market decreased by 8.8 % to 2.75 trillion dollars, which reflects this declining mood.
Amid these challenges, there is a glimmer of hope. SIMD 0228 suggests To reduce the circulating offer for Solana over time, providing a potential life artery for Sol holders.
SIMD-0228: Solana (Sol)
SIMD-0228, which was presented by multi-Tushar Jain and Vishal Kankani, seeks to convert Solana from the fixed inflation schedule into a dynamic model moved by the market.
today Kankanivishal It issued a suggestion of Solana’s improvement to reduce Solana’s inflation.
With Solana maturity, Stakers are increasingly winning Sol through mechanisms like mev. The income stream reduces this exclusive historical accreditation of the network on symbolic emissions to attract the share …
– Tushar Jain (tusharjain_) January 16, 2025
Since its launch of 2020, Solana has followed the predictable inflation path: starting at 8 %, it decreases by 15 % annually, with a long -term rate of 1.5 %.
Today, inflation is 4.7 %, with most new Sol health and detection. this The circulating offer paid 498 million now.
(source)
If it is approved in the first voting in March, SIMD-0228 will link Sol to the participation of the participation, and target the savings rate by 50 %.
Unlike Ethereum, TON or BNB, there is no direct burning.
instead of, If Staking exceeds 50 %, the version decreases – to 0 %. On the contrary, then Staking decreases to less than 50 %, the version rises to encourage deception.
this Inflation can reduce less than 1 %, a decrease from 4.7 %, a sharp reduction that prefers audit holders, who are now earning from both block bonuses and mev, for example, from JITO tips. By curbing the offer in the future, SIMD-0228 can boost prices because Sol becomes rare, and affects that it The dynamics of supply and demand.
At the time of the press, Sol has $ 130 support and resistance at $ 175, closed in a declining outbreak. If prices drop to less than $ 130 before voting in March – and before the FTX ESTATE 11.2 million Sol is unloaded on March 1 – Sol can be disrupted to $ 100 in the direction of the continuous bear.
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Solana decreases to less than $ 130, will this proposal be approved?
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Solana falls, quickly. At the time of the press, less than $ 130
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The inflation has decreased, but this proposal will get a gesture from society
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With low inflation, will Sol wear in March?
The post is a plan to reduce the Solana (Sol): Do you sail? First appeared on 99bitcoins.