Will Solana Price Skyrocket As VanEck Backs Proposal to Slash Inflation?

Solana price may be poised for a parabolic rally after Wall Street giant VanEck hailed a new proposal to reduce the annual SOL inflation rate to 1.5%. This proposal will commence voting on March 6, 2025, and if implemented, it could reduce Solana’s supply significantly and drive price growth. As the Solana community votes on the proposal, will it ignite a parabolic rally for SOL to a new ATH?