Solana Seeks Accelerated Path to 1.5% Inflation, Potentially Slashing Token Supply by $2.9 Billion

Solana’s community is exploring a proposal (SIMD-0411) aiming to accelerate the network’s journey towards its long-term inflation target of 1.5%. This proposal could cut token issuance by approximately 22.3 million SOL over six years, resulting in a reduction of roughly $2.9 billion. The current inflation rate is at -15%, and this accelerated path would reduce it to -30%, significantly decreasing the time needed to reach 1.5% inflation from 6.2 years to about 3.1 years. This change could bring forward the achievement of the target, with early 2029 instead of 2032 being targeted.