Big news for Solana (SOL), a type of cryptocurrency! A plan called SIMD-228 wants to reduce the number of new SOL coins made each year. This could make each SOL coin worth more. But it might also cause problems.
- Solana validators are voting on SIMD-228.
- It could cut new SOL coins by 80%.
- This might increase SOL's price, but some smaller companies might have trouble.
- Solana's price is down a lot recently.
| Fact | Number |
|---|---|
| Percent of validators supporting SIMD-228 | 35.7% |
| Current SOL price | $126 |
| SOL's highest price this year | $293 |
| Solana's total value locked (down from January) | $7 billion |
