"The combined effect of SIMD 096 and SIMD 0228 is estimated to reduce SOL's annual selling pressure by $677 million to $1.1 billion," said Matthew Sigel, director of digital assets research at VanEck. "While SIMD 096 increases tax-related selling pressure by eliminating the 50% priority destruction mechanism, SIMD 0228 is expected to offset this effect entirely." Previously reported that Solana’s SIMD 0228 proposal is now open to shift SOL issuance to a market-driven model. Voting is expected to be held within about 10 days. The proposal sets a target stake rate of 50% to enhance network security and decentralization. If more than 50% of SOL is pledged, the issuance will be reduced, thereby curbing further pledges by reducing the rate of return; if less than 50% of SOL is pledged, the issuance will be increased to increase the rate of return and encourage pledges. The minimum inflation rate will be 0%, while the maximum inflation rate will be determined based on the current Solana issuance curve.