Solana is experiencing significant sell-offs, resulting in over $1.36 billion in crypto liquidations across major exchanges. This move has been fueled by a combination of broader market weakness and leveraged positions adjustments. The impact extends to Solana’s price and market capitalization, as well as key assets like Bitcoin and Ethereum, leading to discussions on potential economic adjustments and market stability. Solana’s Co-founder, Anatoly Yakovenko, has proposed changes to the protocol’s economics to mitigate this pressure, suggesting a doubling of the deflation rate to decrease price volatility. Rumors of legal action against Binance by Wintermute CEO Evgeny Gaevoy have been refuted, providing some relief to investors. These market events highlight vulnerabilities within leveraged crypto markets and the need for regulatory clarity.