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...
