PANews reported on March 6 that Matthew Sigel, director of digital asset research at VanEck, wrote on the X platform: "We estimate that the combined effect of SIMD 096 and SIMD 0228 will reduce SOL's selling pressure by $677 million to $1.1 billion per year. Although SIMD 096 increased tax-related selling pressure by canceling 50% of the priority fee destruction, SIMD 0228 should be able to offset this effect more."

Earlier yesterday , VanEck said that Solana’s two proposed upgrades will enhance the network but will significantly reduce validator earnings.