Grayscale says Ethereum and Solana inflation could fall to 0.4% and 1.1% by 2031

Ethereum and Solana are weighing tokenomics changes that could sharply slow annual token issuance, a shift Grayscale says may support prices by reducing future supply if other factors remain unchanged. Grayscale research head Zach Pandl said the proposals being discussed could bring Ethereum's annual supply inflation rate down to about 0.4% by the end of 2031, close to Bitcoin, while Solana's could fall to about 1.1%. He contrasted those levels with gold's annual supply growth of about 1.8% and U.S. CPI inflation of about 3.3%. The proposals are still under discussion in their respective communities, but Pandl said the Solana plan appears to have broader agreement and therefore a higher chance of being implemented. Because staking (locking tokens to help secure a network) rewards are mainly funded through newly issued tokens, any reduction in issuance would lower the number of ETH and SOL distributed to stakers. Pandl said lower supply could increase scarcity and create upward pressure on prices, potentially benefiting holders who do not stake, while the outcome for stakers would depend on whether price gains outweigh reduced token rewards.

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