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Demand, not inflation control will determine Ethereum and Solana price, Galaxy Research
['Hannah Collymore', 'John Palmer', 'Glory Kaburu', 'Aamir Sheikh']
Cryptopolitan
Ethereum’s EIP-8361 would burn validator rewards down to zero past a 50% staking ratio, while Solana’s SIMD-0550 and SIMD-0553 would double disinflation and burn more fees.
However, Galaxy warned that these supply cuts are not what will reprice either asset.
Galaxy Research has told its clients what it thinks about the proposals that Ethereum and Solana are both considering to reduce token issuance rates on their networks.
Ethereum’s Proposal (EIP-8361) introduces a “tapered issuance burn” that would burn validator rewards down to zero once 50% of all Ether (ETH) is staked.
Galaxy said that could lift daily SOL burns from roughly 650 to between 7,500 and 9,000.