Solana Burn Proposal Advances After First Vote, Bringing Major Tokenomics Changes Closer

Solana’s effort to strengthen its long-term tokenomics has reached an important milestone after a proposal to significantly increase SOL token burns passed its initial governance vote. If fully approved, the plan would raise daily token burns from roughly 650 SOL to approximately 9,000 SOL, marking nearly a 14-fold increase in the network’s supply reduction mechanism. […]