Solana Disinflation Proposal Set to Cut Issuance by 18.9M Tokens

Solana is experiencing a surge in activity and potential price increases due to several factors. One key development is the network's double disinflation proposal, which has reached quorum with a participation rate of 45.24%. The proposal aims to raise Solana's disinflation rate from about 15% to 30%, effectively slowing down new SOL token issuance.

According to estimates, over six years, this change could reduce the issuance of new SOL tokens by approximately 18.9 million, worth around $1.47 billion at current prices. While this may not instantly boost SOL's value, it will have a significant impact on supply if demand remains strong.

Solana has also surpassed Base in agentic transactions, with over 1.5 million such transactions processed in a single day, a new all-time high. This growth is particularly notable as the scope of agentic payments is expected to expand in the future. Furthermore, Charles Schwab announced plans to add SOL trading to its platform, alongside Bitcoin and Ethereum.

However, it's essential to note that SOL's RSI (Relative Strength Index) is currently above 85, indicating overbought territory. This suggests a potential slowdown or correction could be on the horizon.