Solana's Supply Decreases as Proposal Aims to Double Disinflation Rate

Solana's Disinflation Proposal: Solana has proposed to double its disinflation rate, removing approximately 22 million $SOL from future emissions, which is expected to significantly reduce sell pressure and enhance the network's long-term scarcity narrative.

Market Impact and Sentiment: The reduction in new SOL entering circulation is anticipated to reshape investor sentiment and create a clearer supply roadmap, potentially influencing future price dynamics and attracting more attention to Solana's economic model.

Technical Analysis and Support Levels: Analysts are monitoring the $95.26 support level, which could guide $SOL's price movements towards retesting its previous all-time high near $295, while caution remains regarding potential downside if this level is breached.

Future Outlook for 2025: The market is evaluating both the economic proposal and technical indicators as participants speculate on Solana's price trajectory and overall performance leading into 2025.