Solana’s tokenomics are set to tighten after a network governance vote doubled the annual disinflation rate, meaning the pace at which new Solana enters circulation slows down far sooner. The measure passed with 67% support, while participation reached 60.7%. A crucial factor: late swings from major validators, including a reversal by Kraken’s node, pushed the change over the line. The new policy is projected to cut total supply by nearly 19 million Solana over 6 years.

Solana’s price candles step up from $116 to a close above $121 in this two-day window, holding just under resistance at $123. Support sits at about $120. The market’s first reaction reads as steady accumulation, not a blow-off rally.

The practical change is where those reductions land: staking and validator reward issuance now step down faster, not just the headline supply path. In other words, the squeeze is brought forward into the reward schedule itself.