Solana upgrades will strengthen network but squeeze validators — VanEck

Solana’s planned protocol upgrades are important for the network’s long-term health but could deal a blow to validators’ earnings, according to asset manager VanEck. 

In March, Solana’s validators will vote on two proposed upgrades — known as Solana Improvement Documents (SIMDs) — to the blockchain protocol designed to ensure rewards for stakers and adjust the inflation rate for the network’s native SOL (SOL) token. 

Both proposals have generated “significant controversy” because they stand to slash validator revenues by as much as…