Bullish
Solana (SOL) surges 9% to $106 after passing governance vote and Schwab listing
In the past 24 hours, Solana's (SOL) price has risen by 9%, reaching $106, following the successful passage of its first binding governance vote and the announcement of Charles Schwab listing SOL on its brokerage platform. The governance vote approved three key proposals: doubling the annual disinflation rate from 15% to 30%, introducing a compute-based resource fee to increase daily SOL burns, and formalizing governance through a Solana 'Constitution.' These measures aim to tighten SOL's supply and enhance its scarcity, contributing to the recent price surge.
Key points
- Solana's first binding governance vote passes, approving three inflation-related proposals.
- Charles Schwab announces plans to list SOL on its brokerage platform, expanding institutional access.
- U.S. spot Solana ETFs record $60.91 million in net inflows, marking the highest single-day inflow of 2026.
- Solana's network processes over 1.3 billion non-vote transactions in the past week, indicating strong network activity.
Sources
- Solana Surges 9% on Governance Vote and Schwab ListingCoinMarketCap · August 28, 2026
- Solana Passes Three Inflation Proposals in First Binding Vote, SOL Up 44% in August to $106Gate US · August 28, 2026
- $60.9M Inflows: Solana ETFs See Highest Inflows of 2026 as $BSOL Hits $1B AUMSolanaFloor · August 28, 2026
- Solana Breaks Its Range On The 3rd Attempt As Network Logs 1.3B Transactions — $110 Is The GateTradingNews · August 27, 2026
AI-generated from public news sources. Not financial advice.
