Solana Validators Back Inflation Cut Proposal Amid Record Network Activity

Solana's inflation cut has been approved by validators with a narrow margin of 67% support, barely clearing the required two-thirds supermajority. This decision will double the annual disinflation rate from 15% to 30%, reducing projected SOL issuance by approximately 18.9 million tokens over six years.

The vote also keeps the 1.5% terminal inflation floor, shortening the estimated path to reach it from 5.7 years to 2.8 years under SIMD-0550. The approved direction does not change rewards immediately, as developers must finish the consensus code and schedule feature activation before the faster path begins.

SGP-0003, which proposed replacing the existing fee structure with a new resource charge, failed with 53.9% support despite 61.14% participation. The plan would have burned around 648 SOL daily, but its supporters can resubmit it without a cooling-off period.