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Crypto

Ethereum issuance-cut plan withdrawn from Hegota candidates, to be handled separately

Ethereum proposal EIP-8363, aimed at reducing issuance, has been dropped from consideration for the next network upgrade, Hegota. The move reflects the view that changes to issuance policy should be discussed through a separate governance process rather than bundled with a standard fork. Ethereum France representative Jerome de Tychey said he withdrew the proposal from Hegota review. The proposal has drawn extensive debate and mixed reactions from market participants.

Crypto

Ethereum, Solana mull supply cuts but demand seen as key price driver

Ethereum and Solana are considering ways to reduce token issuance, but demand is likely to be the key factor shaping prices, an analysis said. Galaxy Research said discussion is under way on revamping issuance structures on both networks, but where tokens go is determined by demand. Ethereum is weighing an EIP proposal to cut validator rewards as staking rises, while Solana is advancing governance proposals to accelerate disinflation and burn more fees.

Crypto

Sharplink CEO opposes EIP-8363, says it would remove Ethereum key strength

Sharplink CEO Joseph Chalom opposed a draft Ethereum improvement proposal, EIP-8363, that would gradually burn validator rewards to cap the amount of staked ether, The Block reported on Thursday. Chalom wrote on X that the draft could shake decentralised finance and erase a key ETH strength compared with bitcoin. The proposal would raise the share of burned consensus-layer rewards as staking rises, reaching a 100 percent burn rate when about 50 percent of ETH supply is staked.