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'Premature to Accelerate Solana's Inflation Reduction,' Criticizes SOL Strategies CEO

2026/09/03 16:14 (Updated 2026/09/03 18:02)
CoinPost
Written by N.Koda
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'Premature to Accelerate Solana's Inflation Reduction,' Criticizes SOL Strategies CEO

Inflation Reduction Plan Narrowly Approved

Inflation Reduction Plan Narrowly Approved

In Solana's (SOL) first binding on-chain governance decision, the plan to accelerate inflation reduction was approved, but Michael Hubbard, CEO of NASDAQ-listed SOL Strategies, criticized it as 'premature'. He argued that the current inflation rate (about 4-4.5%) is not excessively high, and attributing SOL's price slump solely to high issuance oversimplifies the issue.

The pace of reducing the annual inflation rate (token issuance suppression...

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Iolite Vol.21

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September 2026 issueReleased on 2026/07/30

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MAGAZINE

Iolite Vol.21

September 2026 issueReleased on 2026/07/30
Interview Richard Teng, Co-CEO, Binance Taisuke Isono, Head of Nikko Open Innovation Lab & DeFi Technology Department, SMBC Nikko Securities Inc. Hiroshi Kamiwaki, Director & Head of Crypto Asset Finance Business, Fintertech Co., Ltd. PHOTO & INTERVIEW Yusaku Nakano Feature Story: "Survival Strategies for Crypto Exchanges — The New Order Post-FIEA Transition" Interview Tomoyuki Isaka, President & Representative Director, CEO, Coincheck, Inc. Takaaki Fujiwara, Executive Vice President & Director, Mercury Inc. [Dialogue Series] The NISHI Talk: Crypto Conversations "Social Implementation Beyond Merely Holding Bitcoin" Kasou NISHI × Rintaro Kawai, President & Representative Director, ANAP HOLDINGS Co., Ltd. Series: Tech and Future Toshinao Sasaki ...and more