Solana Proposal Would Increase Daily SOL Burns More Than 10-Fold
Solana validators are close to advancing governance proposal SGP-0003, which combines two changes aimed at tightening SOL supply. One part would switch to resource-based transaction fees, raising daily SOL burns from about 650 SOL to roughly 7,500–9,000 SOL depending on activity. The other would double Solana’s annual disinflation rate to 30%, moving the 1.5% inflation floor from 2032 to 2029. The higher burn rate would not by itself make SOL deflationary, but paired with lower issuance it would slow circulating supply growth and could support price if demand holds. Solana currently issues about 60,000 SOL per day. The proposal is in the support phase and needs 65.16 million SOL in backing by Aug. 18 to advance. It had about 63 million SOL of support, or 14.4% of staked supply, with 73 supporters including Helius, Jupiter, Staking Facilities, Drift, OtterSec, and Solana Compass.
