{"id":635667,"date":"2025-03-15T11:58:21","date_gmt":"2025-03-15T11:58:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=635667"},"modified":"2025-03-15T11:58:21","modified_gmt":"2025-03-15T11:58:21","slug":"solana-price-prediction-sol-surges-7-as-simd-228-vote-fails-while-this-first-sol-layer-2-ico-eyes-27m","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/solana-price-prediction-sol-surges-7-as-simd-228-vote-fails-while-this-first-sol-layer-2-ico-eyes-27m","title":{"rendered":"Solana Price Prediction: SOL Surges 7% As SIMD-228 Vote Fails, While This First SOL Layer 2 ICO Eyes $27M"},"content":{"rendered":"
The Solana price has surged 7% in the last 24 hours to trade at $134 as of 12 p.m. EST on a 12% pump in trading volume to $3.15 billion.<\/p>\n
The sharp rise in the SOL price comes despite the failure of SIMD-228, a proposal to switch Solana’s fixed 4.7% annual inflation to a dynamic model.<\/p>\n
It fell short of the 66.67% approval threshold, with 43.6% voting yes and 27.6% no.<\/p>\n
\nSIMD 228 Proposal Rejection is Absolutely Bullish for @solana<\/a> <\/p>\n
The rejection of the SIMD 228 proposal is extremely positive for Solana. In some ways, it suggests that $SOL<\/a> is moving further away from being classified as a security.<\/p>\n
Since the SIMD 228 proposal aimed to reduce… https:\/\/t.co\/5nTjF8VlCN<\/a> pic.twitter.com\/hHSVK8jf2k<\/a><\/p>\n
— Steve : : FP (@Steve_4P) March 15, 2025<\/a><\/p><\/blockquote>\n