{"id":76870,"date":"2026-08-16T11:38:32","date_gmt":"2026-08-16T11:38:32","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/eth-sol-supply-growth-could-fall-below-gold-by-2031\/"},"modified":"2026-08-16T11:38:32","modified_gmt":"2026-08-16T11:38:32","slug":"eth-sol-supply-growth-could-fall-below-gold-by-2031","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/eth-sol-supply-growth-could-fall-below-gold-by-2031\/","title":{"rendered":"ETH, SOL Supply Growth Could Fall Below Gold by 2031"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Grayscale projects ETH inflation could fall to 0.4% and SOL to 1.1% annually by 2031 under two pending proposals.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Ethereum\u2019s EIP-8361 and Solana\u2019s SIMD-0550\/0553 target validator rewards and fee burns starting in 2026.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Grayscale\u2019s Zach Pandl says Solana\u2019s plan has broader community support and better odds than Ethereum\u2019s counterpart.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Two Networks, One Scarcity Bet<\/h2>\n<p>Ethereum and Solana are each weighing tokenomics overhauls that, according to a <a href=\"https:\/\/www.grayscale.com\/the-stack\/ethereum-and-solana-tokenomics-under-review\" target=\"_blank\" rel=\"noopener noreferrer\">new Grayscale research note<\/a>, could make both networks scarcer than gold within five years. The asset manager estimates that if the proposals go live as written, Ethereum\u2019s (ETH) annual supply growth would fall to about 0.4% by 2031, while Solana\u2019s (SOL) would settle near 1.1% (both undercutting gold\u2019s roughly 1.8% yearly supply growth and comfortably below the U.S. Consumer Price Index\u2019s 3.3% inflation reading).<\/p>\n<figure id=\"attachment_839532\" aria-describedby=\"caption-attachment-839532\" style=\"width:1538px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-839532\" class=\"wp-caption-text\">Image source: Grayscale Investments<\/figcaption><\/figure>\n<p>For comparison, bitcoin\u2019s own issuance schedule is already tracking toward a similar 0.4% rate by the same year.<\/p>\n<p>The pitch behind both proposals is simple, i.e., slow the pace at which new tokens hit circulating supply, and scarcity should, in theory, support prices even as reward yields for validators and stakers shrink.<\/p>\n<h2>How Ethereum\u2019s \u2018Tapered Issuance\u2019 Would Work<\/h2>\n<p>Ethereum\u2019s version is Ethereum Improvement Proposal 8361 (EIP-8361), nicknamed \u201cTapered Issuance Burn.\u201d It was submitted for community review on August 4 by six authors, including Ethereum Foundation researcher Justin Drake. Under current rules, <a href=\"https:\/\/ethereum-magicians.org\/t\/eip-8363-tapered-issuance-burn\/29263?page=4\" target=\"_blank\" rel=\"noopener noreferrer\">validators can still earn close to 1.5% in annual staking rewards<\/a> even in a scenario where nearly all ETH is staked, a ceiling they say oversupplies the network with new coins regardless of actual demand for security.<\/p>\n<p>EIP-8361 would instead burn a rising share of validator rewards as the staking ratio climbs, phasing that burn to 100% once roughly 60.25 million ETH (about half of today\u2019s supply) is staked, via an 18-month transition. Under the proposal\u2019s own modeling, annual issuance would peak near 0.5% around a 20% staking ratio before declining toward zero as the network approaches that 50% threshold.<\/p>\n<p>Grayscale\u2019s own ETHE fund started <a href=\"https:\/\/news.bitcoin.com\/yield-hits-ethereum-etfs-grayscale-ethe-distributes-staking-rewards-in-first-ever-us-crypto-etp-move\/\">distributing staking rewards to shareholders<\/a> earlier this year, the first U.S. spot crypto ETP to do so, so any structural change to how much ETH validators earn would eventually filter through to what those funds pay out.<\/p>\n<h2>Solana\u2019s Two-Pronged Approach<\/h2>\n<p>Solana\u2019s path runs through two separate Solana Improvement Documents, namely SIMD-0550 and SIMD-0553. Solana\u2019s inflation <a href=\"https:\/\/solanacompass.com\/tokenomics\" target=\"_blank\" rel=\"noopener noreferrer\">currently sits at about 3.695%<\/a> annually, a rate that already declines 15% every year on its way to a long-term floor of 1.5% under the network\u2019s original disinflationary schedule.<\/p>\n<p>SIMD-0550 would double that yearly decline rate, compressing years of gradual reduction into a shorter runway toward Grayscale\u2019s projected 1.1% by 2031. SIMD-0553 works from the other side, restructuring how transaction fees are burned so more SOL is permanently destroyed rather than recycled to validators.<\/p>\n<p>Grayscale\u2019s note is careful to add that, under current network conditions, the extra burn from SIMD-0553 is still modest compared with daily issuance, meaning SIMD-0550\u2019s faster decline is doing most of the heavy lifting toward that 2031 estimate.<\/p>\n<h2>Not a Done Deal Yet<\/h2>\n<p>As things stand, nothing is finalized yet as both EIP-8361 and the Solana SIMDs remain proposals working through their respective communities\u2019 governance processes, and Grayscale\u2019s numbers assume the changes take effect immediately and nothing else about network conditions shifts (a scenario the firm itself flags as unlikely to play out exactly as modeled).<\/p>\n<p>Grayscale\u2019s head of research, Zach Pandl, said this week that the <a href=\"https:\/\/www.grayscale.com\/the-stack\/ethereum-and-solana-tokenomics-under-review\" target=\"_blank\" rel=\"noopener noreferrer\">two proposals aren\u2019t on equal footing<\/a>. Pandl believes Solana\u2019s plan has broader support and is more likely to be implemented than Ethereum\u2019s, an aspect that matters for anyone pricing in scarcity before either change is live.<\/p>\n<p>He also noted that a scarcer circulating supply could support prices, potentially offsetting the reduction in staking income for validators and ETF holders alike, a trade-off stakers on both networks will be watching closely as the proposals move through review.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/featured\/grayscale-eth-sol-inflation-below-gold-2031\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Grayscale projects ETH inflation could fall to 0.4% and SOL to 1.1% annually by 2031 under two pending proposals. Ethereum\u2019s EIP-8361 and Solana\u2019s SIMD-0550\/0553 target validator rewards and fee burns starting in 2026. Grayscale\u2019s Zach Pandl says Solana\u2019s plan has broader community support and better odds [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":76871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76870"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=76870"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/76871"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=76870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=76870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=76870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}