Solana News: Foundation Exec and Co-Founder Disagree Over SOL Token Emission Proposal

Recent developments in the Solana ecosystem have sparked a debate between key figures within the project. The Solana Foundation Executive Director and the co-founder have expressed differing opinions on a proposal to adjust SOL token emissions, leading to uncertainty about the future of the blockchain’s tokenomics.

Solana Foundation Exec Criticizes SIMD-228, Anatoly Yakovenko Disagrees

Solana Foundation Executive Director Lily Liu has raised concerns over SIMD-228, a proposal to adjust SOL token emissions based on staking participation, calling it ’too half-baked.’ However, Solana co-founder Anatoly Yakovenko supports the plan despite their disagreement. Liu argued that the proposal could negatively impact SOL at a crucial stage of its development, stressing the interconnectedness of the blockchain and its assets. She also noted that network engineers have dominated discussions, leading to an imbalanced perspective.

Solana (SOL) Struggles Below $150, TVL Declines

Solana (SOL) is struggling to stay above $150 as whale accumulation slows. The total value locked (TVL) in Solana’s DeFi ecosystem remains below $10 billion, currently sitting at $8.87 billion. This decline in TVL highlights weakening engagement and reduced investor confidence in the network. For SOL to regain bullish momentum, it would need renewed whale accumulation, a recovery in TVL, and a breakout above key resistance levels.

Experts Say Solaxy’s Solana Layer 2 Could Push SOL Past $300 in 2025

Solana has experienced significant price fluctuations this year, reaching $290 in January and falling to $125 in late February. However, experts believe that Solaxy, a Layer-2 solution that has raised over $25 million during its presale, could be the next big catalyst for SOL. After Monday’s crash, SOL has recovered somewhat but is still well below its January high. Many traders are waiting for a reason to return to SOL, and Solaxy could be that reason. As of now, SOL is trading at $143.

Solana Validators Clash Over ‘SIMD-0228’ Inflation Proposal

Solana insiders were divided ahead of voting on the SIMD-0228 inflation proposal, which could reduce inflation by 80% but slash staking rewards by 70-80%. A section of Solana [SOL] validators and ecosystem insiders opposed the proposal, claiming it would attack network security by drastically decreasing the amount of SOL staked on the network, thereby reducing network security under a Proof of Stake model.