$SOL you analyze $SOL supply from launch to today, one thing is clear: both total and circulating supply have steadily increased.
#Solana follows an inflationary model, issuing new SOL through staking rewards and validator incentives. This secures the network but also expands supply over time.
Why it matters?
Price = Supply vs Demand.
As supply grows, demand must grow equally or faster to maintain stability. If demand slows while new SOL enters circulation, it can create structural sell pressure — especially in weak markets.
This doesn’t make SOL 
bearish. Inflationary models are common for Layer 1s in growth phases. But long-term investors should monitor:
Inflation rate trends
• % of SOL staked vs liquid
• Unlock schedules & validator emissions
• Whether adoption outpaces supply growth
Tokenomics matter. Always factor in circulating supply expansion when evaluating long-term upside. $ETH
