Mert Mumtaz, co-founder and CEO of Helius, confirmed that Solana’s inflation reduction plan SIMD-0411 has launched. It seeks to accelerate disinflation rates from -15% to -30%, impacting supply growth and potentially stabilizing Solana’s tokenomics.
Following broader cryptocurrency market trends, Solana’s price has dropped by 33.25% over the past month, currently valued at 125.89 USD. The introduction of Solana ETFs is expected to aid in recovering SOL prices.
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