Solana Proposal Sparks Hopes of Reduced Issuance and Record Network Activity
Solana's future looks brighter after a recent proposal reached quorum. The double disinflation proposal aims to slow down the pace at which new SOL tokens enter circulation by increasing the network's disinflation rate from 15% to 30%. If passed, this change could reduce SOL issuance by around 18.9 million tokens over six years, worth approximately $1.47 billion at current estimates.
The proposal has already garnered significant support, with roughly 30% of voters in favor and participation reaching 45.24%. This move is expected to have a positive impact on the supply picture, potentially leading to increased demand and price appreciation for SOL.
Meanwhile, Solana's network activity continues to surge, with a record-breaking 1.5 million agentic transactions processed in a single day. This milestone surpasses Base's previous record and highlights the growing adoption of automated, machine-driven transactions on the platform.