Solana Proposal Could Increase SOL Burns 14-Fold

Solana Proposal Could Increase SOL Burns 14-Fold

Tue, August 4, 2026 at 8:32 PM GMT+3 1 min read

• SOL-USD -0.01%

Coindesk reported that Solana validators are considering two linked proposals that would burn more transaction fees and reduce how quickly new SOL enters circulation.

What's the scoop?

• The proposals: SGP-0003 combines SIMD-0553, which would introduce new resource-based transaction fees, with SIMD-0550, which would accelerate Solana's existing inflation reduction schedule.

• More SOL burned: SIMD-0553 would charge transactions based partly on the network resources they request, with those new fees fully burned. CoinDesk estimates this could increase daily burns from roughly 650 SOL, worth $47,000, to between 7,500 and 9,000 SOL, worth as much as $650,000. t must be noted though that Solana issues roughly around 60,0000 SOL daily, so while 9,000 is a strong step, it would by no means make the chain deflationary.

• Less SOL issued: SIMD-0550 would double Solana's annual disinflation rate from 15% to 30%, accelerating the path to its 1.5% permanent floor in 2029 instead of 2032.

• What happens next: The proposal currently has support from 24.94M SOL, or 5.8% of active stake. It needs support from 15% by August 18 before it can advance to a formal validator vote, leaving it roughly 40M SOL short. Helius currently accounts for nearly two-thirds of the support.