Crypto Scenario Insights

Can Solana's proposed tokenomics reforms close the value capture gap despite $1B ETF inflows?

What happened

Despite Solana spot ETF AUM exceeding $1 billion and high on-chain activity, SOL remains depressed near $63. Structural value leakage to validators and high token dilution have prompted proposals SIMD-0550 and SIMD-0547…

What we think

The core issue lies in Solana's current fee distribution and token emission model. Under the post-SIMD-0096 structure, while base transaction fees are split 50/50 between burning and block producers, priority fees—which…

Read the analysis

Can Solana's proposed tokenomics reforms close the value capture gap despite $1B ETF inflows?

We explain what happened and what could follow. We do not forecast prices.

Read the full analysis