SOL OVERWHELMED $105 AND INCREASED BY 9.25 PER CENT 24 HOURS
The line shows that SOL exceeded $105, with a current claim of $104.53, a 9.25 per cent 24-hour increase. The SIMD-550 and SIMD-553 communities had previously proposed two proposals to reshape the SOL economic model: SIMD-550 proposed to increase the annual inflation rate from 15 per cent to 30 per cent and to reduce it from 1.5 per cent to about 2032 to 2029, with a projected reduction in nominal pledge earnings from about 5 per cent to about 2.25 per cent over the next three years. SIMD-553 was approved in July to increase the daily destruction from about 600-800 SOL to about 7,500-9,000 SOL by charging a burning fee for the computing unit, and is still insufficient to fully hedge against inflation of about $4.5 million a day. The report states that the two proposals are expected to reduce net issuance by approximately $1.4-15 billion over a period of six years, or to compress pledge proceeds, while increasing the scarcity of SOL and channelling funds from the pledge chain to DeFi and application ecology。
