Solana Company: Supports Solana Constitution, opposes current adjustments to inflation and fees

ZEC has entered the top 5 of AiCoin's hot search list for the first time in the past 7 days, and its ranking has remained at 5 within 24 hours, indicating a significant increase in market attention. At the same time, the trading volume has increased to 1.6 times the average level of the past 7 days, and the price has risen by 34.9%, now reporting $659.06. The simultaneous increase in popularity, active transactions, and strong prices indicate that market capital participation is on the rise. At the current stage, the flow of funds, transaction structure, and the movement of large amounts of funds deserve special attention. By using AiCoin PRO's "Main Large Orders" and "Main Transactions", one can further observe the buying and selling situation of large funds, the price range of transactions, and the sustainability of funds. The above content is for reference only and should not be used as any investment advice

Trader Killa posted that he doubts Bitcoin can break through $100000 this year and expects it to maintain range volatility in the future. He plans to rebuild his position after the first wave of gains. Killa predicted the peak of this bull market in May 2025, shorted Bitcoin at $74688 in mid April, and turned long during the market downturn on June 5th.

On August 21st, Solana Company (HSDT) announced its voting position on the first three Solana Governance Proposals (SGPs): supporting SGP-0001 "Solana Constitution"; Oppose SGP-0002 from doubling the rate of inflation reduction; Oppose SGP-0003 changing transaction fees to floating. On chain voting is expected to begin on August 22nd (UTC+8). Solana Company stated that it supports the Solana Constitution because the new governance system allows stakers to vote directly and overturn the votes of principals, which helps institutions participate in decision-making. Opposing the other two proposals is because institutions value rule stability, and changing core economic parameters at this time will increase institutional wait-and-see sentiment. Solana Company stated that it will support a renewed discussion on reducing inflation once SOL continues to have a net inflow of funds, and is willing to reconsider the floating fee scheme after ecological adaptation.

The rise in Bitcoin prices has led to the liquidation of short positions worth $1.2 billion. （Decrypt）

BitMine Chairman Tom Lee listed 17 large cap stocks with a market value exceeding $2 billion and a high correlation with cryptocurrencies. The correlation between BMNR and ETH is 80%, and the correlation between MSTR and BTC is 78%. Tom Lee stated that ETH is expected to outperform BTC in this cycle, driven by tokenization and AI applications.