TechFlow reported on March 5 that Matthew Sigel, VanEck's Digital Asset Research Director, analyzed two Solana proposals—SIMD 096 and SIMD 0228—and concluded their combined effect is expected to reduce annual sell pressure on SOL by $677 million to $1.1 billion. Sigel noted that while SIMD 096 increases tax-related sell pressure by eliminating the 50% priority fee burn mechanism, the impact of SIMD 0228 is expected to fully offset this negative effect.
Previous report, Solana’s SIMD 0228 proposal has opened for discussion and is expected to go to community voting in approximately 10 days. The proposal aims to shift SOL token issuance to a market-driven model, setting a target staking rate of 50% to enhance network security and decentralization.
