Author
Ahmed Barakat
Author
Share
Fact Checked by
CryptoNews Editorial Team
Author
In Solana news today, SOL is trading at $105, up +9% over the past 24 hours, as validators weigh a governance shift that could reshape the network’s supply curve for years. Two proposals are quietly doing what most SOL price action can’t: forcing a real conversation about scarcity.
Solana voters are deciding on SGP-0002 and SGP-0003, formal votes tied to technical proposals SIMD-0550 and SIMD-0553, with voting running through epoch 1023 (expected around 15:30 UTC on Aug. 27). SIMD-0550 would double the annual disinflation rate from 15% to 30%, pushing the network toward its 1.5% terminal inflation rate by early 2029 instead of 2032.
Authors of the proposal estimate roughly 18.9 million fewer SOL issued over six years, worth an estimated $1.4-$1.5Bn based on 21Shares’ modeling. Meanwhile, SIMD-0553, which adds burn mechanics to compute-unit fees, has reportedly already cleared review and could push daily burns from 600-800 SOL to 7,500-9,000 SOL based on current network activity.
Tighter emissions rarely move price alone; execution and adoption still do the heavy lifting. But the timing matters: this vote lands as SOL grinds back above the psychologically loaded $100 mark, and traders are now weighing tokenomics against a chart that’s already showing signs of life.
Solana News: Can SOL Hold $100 Support This Week?
SOL’s move to $105 marks a nearly 5% intraday gain, with the session range spanning $96.93 to $102.40 — a wide band that suggests volatility is picking up alongside the governance news.
The $100 level is doing double duty here: it’s both a psychological line and recent resistance-turned-support. Reclaiming and holding above it opens a path toward $110-$120 if the SIMD votes finalize cleanly and burn data confirms the projected acceleration.
Base case: SOL consolidates in the high-$90s to low-$100s while the market waits on final vote confirmation and implementation timelines — nothing moves fast until activation is locked in.
Bull case: a clean SGP-0002 pass plus confirmed burn increases triggers a supply-shock narrative, dragging SOL toward prior highs.
Bear case: failed votes or delayed implementation send SOL back toward the mid-$90s, undercutting the scarcity thesis entirely.
Staking yield compression (down from 5.25% to 4.34% in year one under 21Shares’ model) is a real cost that holders should weigh against the upside from burning, similar to how Ethereum’s staking economics are scrutinized whenever validator incentives shift. For now, SOL’s structure favors patience over conviction.
Never Miss a Swing Again: Use AI Copy Trading Bots From CryptoHopper
Maxi Doge Targets Early Mover Upside as Solana Tests Key Levels
A near-5% SOL rally feels good if a position was already open. For anyone watching from the sidelines and following Solana news,, chasing SOL at $105 after this move means buying into an asset that needs a governance vote and multi-year implementation to fully realize its bull case, not exactly a quick trade.
That’s the gap early-stage presales are built to fill, and it’s part of why capital has been rotating into meme-coin presales during periods like this.
Maxi Doge ($MAXI) leans into leverage-trading culture rather than subtlety, a 240-lb canine mascot built around “1000x leverage” energy and holder-only trading competitions with leaderboard rewards.
The token sits at $0.0002835, with $4,849,428.64 raised so far and dynamic APY staking live for early holders. A Maxi Fund treasury backs liquidity and partnerships, and the marketing is unapologetically gym-bro (tagline: “never skip leg-day, never skip a pump”).
Get Ahead of the Next Big Meme Coin Launch Here Make Your Prediction Count With $25 For Free on Kalshi