Solana's Daily Burn Could Surpass $650K if SIMD-0553 Proposal Passes

Solana's daily burn of its own token could surge by as much as 12 to 14 times if a newly merged proposal called SIMD-0553 passes.

The proposal, authored by Helius engineer 0xIchigo and merged on July 20, 2026, would restructure how transaction fees work on the network. Currently, every Solana transaction carries a flat fee of 5,000 lamports per signature, but SIMD-0553 splits this into two components: a 2,500-lamport inclusion fee that goes to the block leader and a new resource fee calculated based on compute units requested.

The daily SOL burns would jump from roughly 650 SOL, worth about $47,000, to somewhere between 7,500 and 9,000 SOL, worth up to $650,000. This would effectively slow down the net supply growth of SOL by significantly reducing minted tokens.