Solana Validators Approve Faster SOL Disinflation: Today’s Crypto News

Solana validators have approved a significant change to the network’s tokenomics, doubling its annual disinflation rate from 15% to 30% to slow the pace of new SOL entering circulation. The proposal, SGP-0002, passed with 67% support, while 25.16% voted against and 7.84% abstained, with nearly 61% of eligible stake participating in the vote. The adjustment keeps Solana’s long-term inflation target at 1.5% but accelerates the timeline to reach that level from approximately 5.7 years to 2.8 years. An estimated 18.9 million fewer SOL could be issued over the next six years, reducing dilution for holders while also lowering staking rewards for validators and delegators. Major validators were divided on the measure — Figment opposed it, while Helius and Jupiter largely supported it, and Kraken initially voted against before more than 90% of its voting stake ultimately backed the proposal.

In regulatory news, California lawmakers passed Assembly Bill 2409 in a unanimous 40-0 Senate vote, with the Assembly concurring 78-0, restricting public officials’ involvement in memecoin issuance over conflict-of-interest and pay-to-play concerns. The bill would prohibit digital asset service providers from offering California residents memecoins issued on or after January 1, 2027, that are offered by or in partnership with federal public officials or state and local officers. The legislation defines memecoins as digital assets whose value derives primarily from public interest, speculation, or community engagement. The move comes as investors in the Official Trump (TRUMP) memecoin are estimated to be roughly $3.2 billion underwater, according to a report from nonprofit consumer advocacy organization Public Citizen.

Meanwhile, an Abu Dhabi royal’s group reportedly acquired a 49% stake in the holding company behind World Liberty Financial’s proposed US trust bank, marking a notable institutional development for the Trump-linked crypto venture. The partnership could provide regulatory and capital backing as World Liberty Financial seeks to expand its presence in the US digital asset market. The news coincides with growing momentum for US-listed Solana ETFs, with Bitwise’s Solana ETF recently surpassing $1 billion in assets under management. Together, these developments underscore an evolving crypto landscape shaped by shifting tokenomics, tightening memecoin regulation, and increasing institutional capital flows.