{"id":91405,"date":"2025-11-25T18:15:00","date_gmt":"2025-11-25T15:15:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91405"},"modified":"2025-11-25T18:36:40","modified_gmt":"2025-11-25T15:36:40","slug":"major-solana-holder-backs-tokenomics-shift","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/major-solana-holder-backs-tokenomics-shift\/","title":{"rendered":"Major Solana holder backs tokenomics shift"},"content":{"rendered":"<p>DeFi Development Corp. (DFDV) has backed <span data-descr=\"Solana Improvement Documents \u2014 a proposal to improve Solana\" class=\"old_tooltip\">SIMD<\/span>-0411 to accelerate disinflation in <a href=\"https:\/\/forklog.com\/en\/news\/what-is-solana-sol\">Solana<\/a>. The firm is the first among large treasuries to publicly endorse changes to the network\u2019s monetary policy.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/Wbq6OKCxXJ\">https:\/\/t.co\/Wbq6OKCxXJ<\/a><\/p>\n<p>\u2014 DeFi Dev Corp. (DFDV) (@defidevcorp) <a href=\"https:\/\/twitter.com\/defidevcorp\/status\/1992988147869753490?ref_src=twsrc%5Etfw\">November 24, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Developers at Helius Labs <a href=\"https:\/\/github.com\/solana-foundation\/solana-improvement-documents\/pull\/411\/files\">introduced<\/a> the initiative on 22 November. The document proposes doubling the pace at which the annual inflation rate declines from 15% to 30%, allowing the terminal rate of 1.5% to be reached in three years rather than six. Over that period, issuance would be reduced by 22m SOL (about $3bn at the time of writing).<\/p>\n<p>DFDV argues that Solana has \u201coutgrown\u201d the startup phase and no longer needs to entice validators with high yields. The company pointed to gains in key network metrics:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>protocol revenue:<\/strong> rose from $29m in 2023 to $1.42bn in 2024;<\/li>\n<li><strong>trading volume on <\/strong><a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-decentralised-exchange-dex\"><strong>DEX<\/strong><\/a><strong>:<\/strong> increased from $55bn in 2023 to $694bn in 2024;<\/li>\n<li><strong>user activity:<\/strong> in 2025 the network processed about 68.6bn transactions, roughly 50 times Ethereum\u2019s count.<\/li>\n<\/ul>\n<p>Supporters of the proposal say lower inflation will bolster SOL\u2019s status as an institutional\u2011grade asset and increase its appeal to <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a> issuers. A smaller issuance would also ease selling pressure from holders needing to meet tax liabilities.<\/p>\n<p>A lower base <a href=\"https:\/\/forklog.com\/en\/news\/what-is-staking-and-how-to-make-money-from-it\">staking<\/a> rate should spur activity in DeFi, making lending and liquidity provision more competitive.<\/p>\n<h2 class=\"wp-block-heading\">Risks and drawbacks<\/h2>\n<p>DFDV acknowledges the change carries risks. Lower rewards will strain validator economics and could lead some nodes to switch off. Staking product yields may also fall, and the market could see temporary volatility.<\/p>\n<p>Even so, the firm believes the long\u2011term benefits outweigh the potential drawbacks.<\/p>\n<p>DFDV holds 2.19m SOL (about $298m).<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"469\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-9a3fc359ada8a25a-10475509338338491-1024x469.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-11-25 172727\" class=\"wp-image-270471\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-9a3fc359ada8a25a-10475509338338491-1024x469.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-9a3fc359ada8a25a-10475509338338491-300x137.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-9a3fc359ada8a25a-10475509338338491-768x352.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-9a3fc359ada8a25a-10475509338338491.png 1113w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.strategicsolanareserve.org\/entity\/03b21007-dfd3-46fc-b249-931066fc17d3\">Solana Strategic Reserve<\/a>.<\/figcaption><\/figure>\n<p>The firm ranks third among corporate holders of the token, with 0.35% of total supply.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"435\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-33ad0c09a07c98e9-10475530505593333-1024x435.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-11-25 172833\" class=\"wp-image-270472\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-33ad0c09a07c98e9-10475530505593333-1024x435.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-33ad0c09a07c98e9-10475530505593333-300x127.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-33ad0c09a07c98e9-10475530505593333-768x326.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-33ad0c09a07c98e9-10475530505593333-1536x652.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-33ad0c09a07c98e9-10475530505593333.png 1675w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.strategicsolanareserve.org\/\">Solana Strategic Reserve<\/a>.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Market correction<\/h2>\n<p>Over the past month SOL has fallen 31.7% to $135.61.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"630\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-c4dec7661cbb6d87-10475549765979683-1024x630.png\" alt=\"SOLUSDT_2025-11-25_17-31-37\" class=\"wp-image-270473\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-c4dec7661cbb6d87-10475549765979683-1024x630.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-c4dec7661cbb6d87-10475549765979683-300x184.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-c4dec7661cbb6d87-10475549765979683-768x472.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-c4dec7661cbb6d87-10475549765979683.png 1428w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">15\u2011minute chart of SOL\/USDT on Binance. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3ASOLUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>The largest corporate holder, Forward Industries, is sitting on unrealised losses of $647.3m.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"597\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-b2063ff5878ce98e-10475573728671692-1024x597.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-11-25 173318\" class=\"wp-image-270474\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-b2063ff5878ce98e-10475573728671692-1024x597.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-b2063ff5878ce98e-10475573728671692-300x175.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-b2063ff5878ce98e-10475573728671692-768x447.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-b2063ff5878ce98e-10475573728671692.png 1442w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coingecko.com\/en\/treasuries\/companies\/forward-industries\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>Upexi is also in the red by $31.9m.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"616\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-fb67648c38bb402f-10475592702795588-1024x616.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-11-25 173621\" class=\"wp-image-270475\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-fb67648c38bb402f-10475592702795588-1024x616.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-fb67648c38bb402f-10475592702795588-300x181.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-fb67648c38bb402f-10475592702795588-768x462.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-fb67648c38bb402f-10475592702795588.png 1279w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coingecko.com\/en\/treasuries\/companies\/forward-industries\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>DFDV still holds about $61.64m in unrealised gains.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"650\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-13482ac6f5c11ae7-10475611528604573-1024x650.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-11-25 173506\" class=\"wp-image-270476\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-13482ac6f5c11ae7-10475611528604573-1024x650.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-13482ac6f5c11ae7-10475611528604573-300x190.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-13482ac6f5c11ae7-10475611528604573-768x487.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-13482ac6f5c11ae7-10475611528604573.png 1283w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coingecko.com\/en\/treasuries\/companies\/defi-dev\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>On 18 November, <a href=\"https:\/\/forklog.com\/en\/news\/fidelity-and-canary-capital-launch-solana-etfs\">trading began<\/a> in spot exchange\u2011traded funds based on Solana from Fidelity and Canary Capital on NYSE Arca and Nasdaq, respectively.<\/p>\n<p>On 24 November, US spot SOL ETFs <a href=\"https:\/\/forklog.com\/en\/news\/spot-solana-etfs-have-pulled-in-568m-since-launch\">recorded<\/a> net inflows for the 20th consecutive day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DFDV became the first major treasury to back SIMD-0411 to accelerate Solana\u2019s disinflation and shift the network\u2019s monetary policy.<\/p>\n","protected":false},"author":1,"featured_media":91406,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"DFDV backs Solana\u2019s SIMD-0411 to speed disinflation and shift tokenomics.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1159,1795,1134],"class_list":["post-91405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-solana-sol","tag-solana-reserve","tag-technical-updates"],"aioseo_notices":[],"amp_enabled":true,"views":"132","promo_type":"1","layout_type":"1","short_excerpt":"DFDV backs Solana\u2019s SIMD-0411 to speed disinflation and shift tokenomics.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=91405"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91405\/revisions"}],"predecessor-version":[{"id":91407,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91405\/revisions\/91407"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/91406"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=91405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=91405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=91405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}