Solana validators are considering a governance proposal to increase daily SOL burns more than 10-fold while reducing new token issuance.
Regulation & Gov ·
Solana validators are advancing a governance proposal that would increase daily SOL burns from roughly 650 SOL to between 7,500 and 9,000 SOL while simultaneously accelerating the network's disinflation schedule to double the annual rate to 30%. As of Tuesday, the proposal had secured support from 63 million SOL, approximately 3 million short of the 65.16 million SOL threshold needed before an August 18 deadline. The combined changes aim to reduce SOL's circulating supply growth by pairing larger token removals with lower issuance, which currently stands at about 60,000 SOL per day.