Solana Whales Trigger Countdown for Potential 1200% Increase in Daily Burn Rate

Two Solana supply reforms have cleared the discussion phase and are now on track for a governance vote. The proposals, SGP-0002 and SGP-0003, aim to reduce issuance and burn resource fees, respectively. According to the live records, Helius and Jupiter are the largest supporters of both proposals, backing them with 16 million SOL and 12.47 million SOL, respectively.

SGP-0002 would double Solana's annual disinflation rate from 15% to 30%, targeting a 1.5% terminal rate. This could reduce issuance by nearly three years, cutting inflation in about 2.8 years instead of the current 5.7-year path. The proposal also models staking yield falls with the issuance curve, dropping to 2.25% after three years.

SGP-0003 would tie burns to resource use, replacing the existing fee split with a usage-based resource fee burned in full. At the terminal rate, daily burns could increase by over 1,200%, from around 648 SOL per day to 7,500 to 9,000 SOL.