{"id":137656,"date":"2026-08-30T00:50:44","date_gmt":"2026-08-30T00:50:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=137656"},"modified":"2026-08-30T00:50:44","modified_gmt":"2026-08-30T00:50:44","slug":"3-major-solana-sol-developments-you-should-know-about","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=137656","title":{"rendered":"3 Major Solana (SOL) Developments You Should Know About"},"content":{"rendered":"
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Solana\u2019s native token became one of the recent top performers in the crypto market, surging to a new seven-month high at over $105 before it was finally halted and retraced slightly.<\/p>\n

This substantial rally from under $75 came amid several major developments within the broader Solana ecosystem. Perhaps the most important came from the network itself.<\/p>\n

Issuance Changed<\/h2>\n

The network finally succeeded in reducing future SOL issuance. Although the decision could hardly have been any closer, validators approved SGP-0002, which endorses doubling Solana\u2019s annual disinflation rate from 15% to 30%. The proposal finished with approximately 67%, barely clearing the two-thirds supermajority required for approval.<\/p>\n

Helius CEO Mert Mumtaz, one of the most prominent and vocal supporters, summed up the dramatic finish<\/a> by saying his team made hundreds of calls in the final hours and ultimately passed the measure by a \u201cliteral hair.\u201d<\/p>\n

It\u2019s worth noting that the proposal does not eliminate inflation. It doubles the speed at which SOL\u2019s existing inflation rate declines each year \u2013 from 15% to 30%, while leaving the network\u2019s terminal inflation rate unchanged at 1.5%. Under the current schedule, Solana was expected to reach that floor in the first half of 2032.\u00a0The new schedule reduces that time by half, bringing it to H1 of 2029.<\/p>\n

The trade-off is that normal staking yields are projected to fall faster as fewer new tokens are distributed, which is where most of the arguments against it come from.<\/p>\n

SOL ETF Breaks $1 Billion Milestone<\/h2>\n

The Bitwise Solana Staking ETF (BSOL) became the first exchange-traded fund tracking the altcoin to surpass the coveted $1 billion target in assets under management on Friday. It saw the light of day last October, meaning that it took around 10 months to do so.<\/p>\n

What\u2019s particularly interesting here is that this achievement occurred despite SOL\u2019s broader price performance. As Bitwise President Teddy Fusaro pointed out, BSOL shares remain about 40% below their listing prices, while SOL itself is still 60% away from its ATH.<\/p>\n

BSOL held more than 9.3 million SOL when it crossed the $1 billion mark. It targets staking 100% of its holdings, while the net staking reward rate currently stands at around 5.8%.<\/p>\n

Whales Go Big<\/h2>\n

Lookonchain data from earlier today showed that two major Solana whales have continued to withdraw major holdings from exchanges after completing significant accumulations. A wallet ending with 3WzfuP withdrew almost $3.9 million in SOL from Kraken, while another one, ending with 5p6zPz, transferred<\/a> nearly $30 million worth of the asset from Binance.<\/p>\n

SOL\u2019s price has been on the move lately, surging to a six-month peak at over $105 on Friday before the broader market\u2019s correction drove it south. Nevertheless, it remains well above $100 after a 42% monthly surge. Some analysts believe<\/a> more gains are around the corner, with predictions ranging from $150 to $300.<\/p>\n

The post 3 Major Solana (SOL) Developments You Should Know About<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Solana\u2019s native token became one of the recent top performers in the crypto market, surging to a new seven-month high at over $105 before it was finally halted and retraced slightly. This substantial rally from under $75 came amid several major developments within the broader Solana ecosystem. Perhaps the most important came from the network […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-137656","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/137656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=137656"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/137656\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=137656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=137656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=137656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}