Solana Validators to Get More SOL as Fee Proposal Passes in Favor
Summary
A governance proposal to award Solana validators 100% of priority fees in transactions was approved with 77% support. Validators, who confirm transactions and maintain security on the blockchain network, previously received half of the fees from priority transactions, leading to "side deals" for additional Solana (SOL) tokens. The new model aims to keep validators focused on network safety and smooth operation. The proposal is part of Solana Improvement Document number 96 (SIMD-0096) and has been implemented with a feature called "Reward full priority fee to validators #34731". SOL's value increased by 1.6% in the past 24 hours, trading at $166.
