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Solana's new fee allocation mechanism was implemented for a week, causing annualized inflation to increase by 30.5%.

According to CryptoSlate, annualized inflation in Solana has risen by 30.5% since the implementation of the new priority fee allocation mechanism on February 12. The amount of SOL burned per day has decreased from nearly 18,000 SOL to 1,000 SOL. Blockworks researcher Carlos Gonzalez Campo said that Solana Improvement Proposal 96 (SIMD96), which allocates the entire priority fee of the network to validators and is no longer used for token destruction, has caused the annualized inflation rate to rise from 3.6% to 4.7%.