Solana could issue 18.9M fewer SOL as demand heats up

Quite a few things are going right for Solana [SOL] at the moment. Will these changes turn into a move higher for the token?

Solana proposal could cut 18.9M SOL from future issuance

The network’s double disinflation proposal has already reached quorum. Participation was at 45.24%, and roughly 30% voted in favour of it.

If it passes, Solana’s disinflation rate would rise from about 15% to 30%. This would essentially slow the pace at which new SOL enters circulation.

Over six years, the change could reduce issuance by around 18.9 million SOL. That worth about $1.47 billion at current estimates.

Does this increase SOL’s value instantly? Perhaps, yes. But it does more for the supply picture. If demand stays strong while new issuance slows, there could be interesting implications for price.

Solana overtakes Base in agentic transactions

For the first time, Solana has moved ahead of Base in agentic payment transactions. Per data from Token Terminal, the network processed more than 1.5 million agentic transactions in a single day!

That’s a new all time high.

In the past two weeks, Solana’s share of these transactions rose so quickly, while Base’s dropped back.

Agentic payments have to do with automated, machine-driven transactions. The scope of this space is expected to grow in time.

This makes the case for SOL very interesting.

In addition, Charles Schwab announced plans to add SOL trading to Schwab Crypto in the coming months. The service already supports Bitcoin [BTC] and Ethereum [ETH], so Solana’s inclusion puts it alongside the biggest assets on the platform.

SOL rallies past $107, but…

SOL has gone up from the low-$70s of early August to the $107 of press time; buyers were in control. The DMI also makes the bullish trend clear.

There is one thing to watch, though. SOL’s RSI was around 85, which is way above overbought territory. The rally may not end tomorrow, but the move has been pushed to its limits.

A slowdown would not be surprising.

Final Summary

• Solana could cut future SOL issuance by 18.9M tokens.
• Network activity hit a record 1.5M+ agentic transactions in a day!