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SOL Hits $82 as On-Chain Governance Goes Live & RWA Share Hits 95%
Audio is available on Spreaker — see link below.
Solana launches its first native on-chain governance system, SGPs, as SOL surges 10% to $82.59 and captures 95.6% of June's tokenized equities volume. Price action, governance design risks, and what to watch next — all with on-chain context.
Audio is available on Spreaker — see link below.
Solana just handed voting power to its token holders. The foundation deployed its first native on-chain governance system this week, and the market responded immediately.
The context here is worth understanding quickly. Earlier this year, a proposal called SIMD-0228 tried to restructure Solana's inflation schedule.
SOL jumped ten percent in twenty-four hours following the governance launch, reaching eighty-two dollars and fifty-nine cents. On a weekly basis, that's a twenty-two percent move.
Separate from governance, Solana's real-world asset ecosystem crossed three point four billion dollars this week. That's up from a prior range of two point eight to three point three billion, with tokenized stocks and treasuries driving most of the acceleration.
The governance design does carry real open questions. There's no minimum turnout required for a proposal to pass.
The near-term tests are clear. Watch SGP-1 and the early proposal pipeline for turnout levels and community response.
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