Solana News: Solana Foundation President Raises Concerns Over SIMD-0228 Proposal to Change Emissions Mechanism

Recent developments in the Solana ecosystem have sparked concerns among key stakeholders, particularly regarding a proposal that seeks to alter the cryptocurrency’s emissions mechanism. Here’s a closer look at the issue and its potential implications.

Solana Foundation President Cautions on SIMD-0228 Proposal

The president of the Solana Foundation, Lily Liu, has expressed concerns about the SIMD-0228 proposal, which seeks to change Solana’s emissions mechanism. Liu urged a more holistic approach to inflation and warned that institutional investors could be scared off by unpredictable staking rewards. The proposal, penned by Multicoin Capital, aims to replace Solana’s current pre-set emissions curve with a market-based mechanism.

IntelMarkets Emerging as Competitor, Raises $11.2M

As Solana’s price rises, IntelMarkets is emerging as a competitor in the blockchain industry. The platform has successfully raised over $11.2 million, with each altcoin being sold at $0.09. Early investors are anticipating maximum ROI as the price is expected to increase to $0.10 in the next stage. IntelMarkets aims to transform cryptocurrency trading using AI and blockchain technology.

Best Crypto to Buy: Solaxy’s $25 Million Presale and Potential for 10x ROI

Crypto investors are eagerly tracking the new Layer-2 project Solaxy ($SOLX), which is nearing a $25 million presale milestone. Despite market consolidation, Solaxy has seen impressive momentum, adding over $1.2 million in the past week. As Solana’s first Layer-2 protocol, Solaxy aims to address scalability issues, which has helped it reach new milestones even in uncertain market conditions. Investors can still buy $SOLX at a discounted price of $0.00164, but this will increase in the next presale round. Solaxy has also attracted significant investment from whales backing Solana’s DeFi growth.

DTX Exchange Hits $0.18 - Potential to Replicate Solana’s Surge?

Many crypto enthusiasts are actively seeking new promising options as markets continue to transform and expand. Currently, investors are closely watching CME Group, which will introduce Solana futures contracts on March 17. Meanwhile, DTX Exchange stands out as a developing trading platform that has captured market attention through its successful presale and unique trading model. The token, currently priced at $0.18, gives investors the chance to double their investments with a $0.36 listing price after launch.