Solana Votes on Radical Tokenomics Overhaul: 10x SOL Burns and Reduced Inflation

Solana is undergoing a historic vote on its tokenomics, which could see daily SOL burns increase tenfold from 650 to 7,500-9,000.

The proposed changes aim to reduce inflation and bring the terminal inflation date forward from 2032 to 2029.

However, small validators are concerned about their survival, as reducing emissions would severely impact their income.

The vote has already crossed a 15% stake threshold with 65.22 million SOL supporting the proposal.