Solana News: Proposal to Lower Inflation by 80% Rejected Despite Strong Community Support

A major proposal aimed at significantly reducing Solana’s inflation rate has been rejected, despite overwhelming support from the community. Here’s what happened.

Solana’s Proposal to Lower Inflation by 80% Rejected

Solana’s proposal SIMD-0228 aimed to change the network’s inflation rate from a fixed schedule to a flexible system adjusting based on staking participation. Despite strong community support, with over 281 quadrillion votes cast and a 74% participation rate, the proposal failed. A small group of validators, holding up to 500,000 SOL, voted against it, fearing it would reduce their profits. As a result, Solana’s plan to lower inflation by 80% did not stand.

Can Solana Price Make a Recovery As On-chain Activity Soars?

Solana (SOL) recently achieved a transfer volume of $3 billion for the first time since September 2024, indicating a growing interest. However, despite the increasing transaction activity on the network, the SOL price has not followed the same trend. As of now, Solana is trading at $125.52, a small increase of 0.40% over the past day. Glassnode data also shows that while Bitcoin’s transaction volume increased steeply in early November and peaked at the end of December,伴随网络增强和去中心化应用（dApp）采用的上升, SOL价格却呈现出不同趋势.

Wall Street’s Trash Becomes Crypto’s Treasure: $ROCKY Memecoin Hits Solana on March 14

Rocky, the Street-Smart Raccoon, launches a no-presale, community-driven memecoin designed to shake up the system. Built on Solana, the lore-driven memecoin brings a mix of satire, storytelling, and community-driven chaos to the blockchain. Rocky, a mischievous raccoon, is a symbol of financial disruption, exposing the tricks of the elites and playing the game on his own terms.

Best Crypto Presales: Solaxy Predicted to Explode After Raising $26M

Solaxy (SOLX) has raised over $26.1 million within a few months of its presale launch, positioning it as one of the most talked-about new crypto tokens. The project aims to introduce a Layer-2 (L2) scaling solution for Solana to address the blockchain’s ongoing congestion and network issues. Despite the broader market downturn, Solaxy’s presale has continued to surge, currently raising approximately $100,000 daily, highlighting strong investor demand. The presale price is set at $0.001662 per token.