Fidelity: Solana is growing, but token inflation erodes returns
- —Stablecoins on Solana grew from $3B to $12.5B in a year
- —45 million daily transactions versus 1.2 million on Ethereum
- —$1B in fees versus $4.5B in newly issued SOL
- —Validators approved faster disinflation toward 1.5% by 2029
Why it matters: The report questions the sustainability of SOL staking yields, since most rewards are funded by diluting holders rather than by network revenue.
Source: Newsbit