Grayscale says ETH, SOL tokenomics changes could tighten supply and lift prices

Grayscale Research Head Zach Pandl said proposed tokenomics changes under review for Ethereum and Solana could reduce supply and add upward pressure on prices if implemented. According to Grayscale’s own estimates, ETH’s annual supply growth rate could fall to about 0.4% and SOL’s to about 1.1% by the end of 2031 if the proposals are adopted. Pandl said lower new issuance would also reduce the amount of tokens distributed as staking rewards, but scarcer circulating supply could support prices. He added the changes could benefit ETH and SOL holders who do not stake, while staking users would need to weigh lower rewards against potential price gains. With both proposals still under discussion in their respective communities, Pandl assessed that the Solana proposal has broader support and is more likely to be implemented.