Solana Governance Proposal Could Re-Rate Asset Amid Disinflation Vote
Solana's price is currently at $73.43, up 0.17% from yesterday, but still trading roughly 75% below its January 2025 all-time high.
The network's market capitalisation sits at around $43 billion, with a circulating supply of 582,979,450 tokens, ranking it seventh globally.
A key development this week is a governance proposal that cleared its first hurdle, which aims to double the disinflation rate, accelerating the path towards a long-term floor of 1.5% annual issuance.
This move could address the network's persistent dilution problem and potentially re-rate the asset independent of Bitcoin.