Solana Addresses Supply Crunch with Emission Schedule Change

Solana is battling a supply crunch impacting 80% of token holders, pushing the network to implement a key protocol proposal, SIMD-0411, to increase token scarcity and restore market balance. This proposal seeks to reduce emissions by 22.3 million SOL, aiming for increased liquidity and less pressure on the SOL token’s price. Despite sell pressure exceeding $510 million in ETF inflows, the changes could impact DeFi and staking dynamics.