Solana Validators Back Proposal to Boost SOL Burns and Cut Inflation

Solana validators are backing a proposal to increase SOL burns by up to 14 times and reduce new token issuance, tightening supply from both ends. The package, SGP-0003, combines two separate improvement documents into a single governance proposal.

Under the current system, Solana charges a flat base fee per transaction, with half of it burned. The proposed change would replace this with a resource-based fee model, charging transactions according to network resources they consume. This would increase daily SOL burns from approximately 650 SOL to between 7,500 and 9,000 SOL per day.

The second document targets new token issuance rather than existing supply. It would double Solana's annual disinflation rate from 15% to 30%, accelerating the decline in inflation rate and reducing future issuance by around 18.9 million SOL over six years.