Solana Inflation Vote Tightens as Kraken Flips Support

Solana's governance vote on inflation reform, SGP-0002 or Double Disinflation, nears its end after Kraken reversed its stance to support the proposal. The plan doubles the annual disinflation rate from 15% to 30%, potentially cutting future SOL issuance by about 18.9 million tokens, worth roughly $1.5 billion.