Solana Validators Narrowly Pass Double Disinflation Proposal

The Solana network has passed its first on-chain governance vote, with validators approving a proposal to double the rate at which new SOL issuance is reduced. This 'Double Disinflation' measure, known as SGP-0002, cleared the two-thirds approval threshold with approximately 67% support.

The vote was a close one, coming down to the wire. According to CoinDesk, a validator controlling about 2% of the vote flipped from against to for as the deadline approached, while asset manager Galaxy reallocated its stake from predominantly abstaining to majority support.

The faster disinflation is expected to reduce SOL emissions by approximately 18.9 million tokens over six years, easing long-term supply pressure. It will also compress staking yields over the next two years, potentially pushing some capital out of staking and into the broader Solana economy.