8-28
Solana disinflation vote nears close with 67.88% in favor, barely above the 66.7% threshold
Solana’s governance vote to reduce inflation is nearing its deadline, with support at 67.88%, narrowly above the 66.7% threshold required to pass. Major staking providers including Figment and Everstake have voted against, arguing that faster disinflation would cut SOL issuance and reduce staking yield. Solana’s DAT “Solana Company (HSDT)” also opposed the proposal, citing the need for consistent rules at a key moment for institutional adoption. By contrast, leading DeFi protocol Jupiter cast all its votes in favor, and the proposal’s passage would lower SOL’s annualized staking APY and could affect capital retention and smaller validator operations.
SOL
SOL+2.14%
8-28
8-27
Solana’s SOL Breaks Above $100 as Open Interest Jumps 10% and SOL-Linked ETF Inflows Rise
Solana’s SOL token has broken above the $100 level. Data show derivatives open interest for the token climbed 10%, pointing to stronger market participation. Meanwhile, exchange-traded funds (ETFs) tracking SOL have continued to post net inflows, suggesting growing allocation interest from institutional and mainstream investors. Together, these moves indicate a recent pickup in Solana market activity and capital inflows.
SOL
SOL+2.14%
8-27
8-24
BitMine reports $14.9 billion in crypto and “moonshots” holdings as of August 24, 2026
BitMine released a holdings update as of August 24, 2026, putting the total value of its crypto assets and “moonshots” at $14.9 billion. The company said it holds 5,847,611 ETH valued at $2,440 per ETH, based on Coinbase pricing. It also reported 210 Bitcoin (BTC), a $180 million stake in Beast Industries, and an $89 million stake in Eightco Holdings (NASDAQ:$ORBS). BitMine reported total cash and marketable securities of $308 million, and said its tickers are $BMNR (common equity) and $BMNP (perpetual preferred), with Tom Lee as chairman.
ETH
ETH+1.08%
8-24