Cryptocurrency4 Aug 2026SEO 801 min read

Analysis: A new Solana proposal would take daily SOL burns from $47,000 to $650,000

SGP-0003 bundles a fee overhaul with a doubling of the disinflation rate. It needs 40 million more SOL of validator support in two weeks to reach a vote. Solan…

SGP-0003 bundles a fee overhaul with a doubling of the disinflation rate. It needs 40 million more SOL of validator support in two weeks to reach a vote. Solana validators are signaling support for two linked governance proposals, SIMD-0550 and SIMD-0553, that would both reduce new SOL issuance and increase the amount of SOL burned. SIMD-0553 would introduce resource-based transaction fees, lifting daily SOL burns from about 650 to as many as 9,000 coins, while SIMD-0550 would accelerate disinf…

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