Solana Validators Pass Double Disinflation Measure in Narrow Governance Vote

Solana's first network-wide governance vote concluded on Friday, with validators narrowly approving a proposal to double the pace at which new SOL issuance is reduced. The 'Double Disinflation' measure, known as SGP-0002, cleared the two-thirds approval threshold with roughly 67% support.

The vote was not settled until the final minutes, with a Kraken-linked validator controlling about 2% of the vote flipping from against to for as the deadline approached. Asset manager Galaxy, with roughly 1.7% of the vote weight, reallocated its stake from predominantly abstaining to majority support.

The 'Double Disinflation' measure doubles SOL's annual disinflation rate from 15% to 30%, shortening the path to a 1.5% terminal inflation rate from ~5.7 years to ~2.8 years. This is expected to reduce SOL emissions by about 18.9 million tokens over six years, easing long-term supply pressure.

However, analysts expect this change to compress staking yields over the next two years, which could push some capital out of staking and into the broader Solana economy.