Solana Community Initiates New Governance Proposal SIMD-0411 to Accelerate Inflation Reduction
Crypto World News: According to Finance Feeds, the Solana community has launched a new governance proposal SIMD-0411 aimed at significantly accelerating the network’s deflation timeline and reshaping the long-term economic model of the SOL token.This proposal will increase Solana’s annual deflation rate from -15% to -30%, reducing the time to reach the long-term inflation floor from approximately six years to just over three years.Current forecasts suggest that this change will result in a reduction of over 22 million SOL tokens in future issuance—equivalent to nearly $3 billion at current market valuations—marking one of the most significant monetary policy adjustments in the ecosystem’s history.The existing token economic framework of Solana sets an annual inflation rate of about 4.18%, gradually decreasing to a final inflation rate of 1.5%.SIMD-0411 accelerates this process, locking in a faster decline in token issuance. Supporters believe this will improve supply-demand dynamics, support stronger price stability, and align Solana’s economic model with the behavioral expectations of institutional investors entering the ecosystem.For a chain that has historically emphasized growth, throughput, and incentive-driven expansion, this marks a shift towards a more scarcity-oriented design philosophy.Hyperliquid: HIP-3 Deployers Can Now Activate “Growth Mode” with Fees Reduced by 90%Crypto World News: On November 24, perpetual contract DEX Hyperliquid announced on platform X that HIP-3 deployers can now activate “Growth Mode,” which will reduce fees by 90%. Growth Mode can also take effect on other multipliers, such as discounts on collateral fees linked to stablecoins and staking discounts.
GoPlus Security Announces Full Support for Monad Mainnet, Providing Institutional-Level Security Protection
Crypto World News: On November 24, Web3 security infrastructure provider GoPlus officially announced that its core security services have been fully integrated into the Monad mainnet, providing comprehensive security assurance for the early development phase of the ecosystem.This integration allows Monad developers to seamlessly access GoPlus’s key security capabilities, including transaction security APIs, malicious address identification, and real-time risk detection for authorized actions; additionally, GoPlus SafeToken Locker is now supported, helping projects transparently lock team tokens and liquidity tokens, enhancing community trust and transparency.GoPlus stated that this integration aims to provide institutional-level protection for builders on the Monad chain, with several Monad ecosystem projects already integrating it.GoPlus will continue to build a secure and trustworthy blockchain ecosystem, providing more reliable security infrastructure services for global users.
In Q3, Wall Street Institutions Sold Off Strategy Stocks Worth Approximately $5.38 Billion
Crypto World News: On November 24, according to CryptoSlate, institutional investors significantly reduced their holdings in Strategy (MSTR) stocks in the third quarter, selling off positions worth approximately $5.38 billion, with the value of institutional holdings dropping from $36.32 billion to $30.94 billion, a decrease of 14.8%.Reports analyze that this sell-off was not due to forced liquidation caused by a market crash, as Bitcoin remained relatively stable during the quarter, maintaining a price around $95,000, while MSTR’s stock price also consolidated around $175.
Smart Money’s 25-Game Winning Streak Ends with BTC and SOL Shorts Turning from Profit to Loss, Overall Loss Exceeds $2.5 Million
Crypto World News: Hyperbot data shows that the previously 25-game winning smart money (0x9263) opened a new 10x leveraged ZEC short position two hours ago, currently holding 9,242 ZEC, with a liquidation price of $718.7, and is currently in a floating profit state.Additionally, due to today’s rebound in the cryptocurrency market, this smart money’s 40x leveraged Bitcoin short and 20x leveraged SOL short have turned from profit to loss, with an overall floating loss exceeding $2.5 million, with liquidation prices of $90,700 and $138.2, respectively.Crypto World reports that this whale set a record of 25 consecutive winning trades during recent market turbulence, but last Friday, due to a brief market crash, its long positions faced forced liquidation, ending the winning streak.
Vitalik Raises Concerns Over X’s New Location Feature as Crypto Users Worry About Privacy Issues
Crypto World News: Ethereum co-founder Vitalik Buterin expressed concerns about the new feature on platform X that forces users to display their country of origin, believing it poses privacy risks and agreeing with the crypto community’s criticism that this feature could be abused by bad actors.Uniswap founder Hayden Adams and other crypto executives also opposed this change, pointing out that mandatory disclosure of information could jeopardize user safety.X’s product director Nikita Bier stated that the feature aims to enhance platform transparency, but users can hide their country information through settings options.Animoca Brands Receives In-Principle Approval from Abu Dhabi Global Market Financial Services Regulatory AuthorityCrypto World News: According to official news, Animoca Brands announced that it has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) in the capital of the UAE, allowing it to operate as a regulated fund management company.Upon meeting relevant conditions and obtaining final regulatory approval, Animoca Brands will be authorized to conduct collective investment fund management activities within or from ADGM.
—— / Recommended Articles / ——Crypto Market Shock: 1.66 Million Liquidations Worth $19.3 Billion, Multiple Bearish Factors Trigger Crypto Market AvalancheBinance Life: A Carnival of Meme Coins and MirrorsFour Forms of Blockchain: A Comprehensive Analysis of Public Chains, Private Chains, Consortium Chains, and Hybrid ChainsGlobal Central Bank’s First Case: Czech National Bank’s Groundbreaking Exploration of Including Bitcoin in Its Balance SheetBehind UNI’s Nearly 50% Surge—What Exactly Changed with Uniswap’s “Fee Switch” Proposal?Bitcoin’s Seventeenth Year: From White Paper to Global Belief