Solana Inflation Reform Likely to Stall as SIMD-0411 Faces Withdrawal: Galaxy Research
2025-12-28 04:25
Solana’s governance roadmap for 2026 faces renewed uncertainty after Galaxy Research signaled that no inflation reduction proposal will advance next year. According to Galaxy research associate Lucas Tcheyan, the latest proposal, SIMD-0411, will likely be withdrawn without a vote. The assessment reflects broader frustration inside the Solana community, where debates around token inflation have struggled to reach consensus. Consequently, attention is shifting toward other priorities that developers and validators consider more urgent for the network’s growth. The inflation discussion has lingered since last year, creating repeated governance friction. However, participants increasingly argue that prolonged debate diverts focus from structural improvements. These include market microstructure changes that directly affect liquidity, execution quality, and onchain efficiency. Hence, Solana’s leadership appears more inclined to pause contentious monetary changes rather than force an unresolved vote. Market Structure Takes Priority Over Token Economics Solana contributors now emphasize infrastructure upgrades instead of altering inflation mechanics. Tcheyan...
