Solana validators have started signaling support for a governance package that would change both sides of the token’s supply equation: how much new SOL is issued and how much existing SOL is burned through fees.

The package links two proposals, SIMD-0550 and SIMD-0553. Together, they would reduce emissions, increase fee-based burns, and bring Solana’s long-term 1.5% inflation floor forward by three years. The effort has attracted early support, but it is still well short of the threshold needed to advance to a formal vote.

Two linked changes to supply

The first proposal, SIMD-0553, would introduce resource-based transaction fees on Solana. Instead of charging in a flatter way, the network would price transactions according to the resources they consume. Based on the estimates cited in the proposal, that would raise daily SOL burns from about 650 coins to between 7,500 and 9,000.

The second proposal, SIMD-0550, would accelerate Solana’s disinflation schedule by doubling the annual disinflation rate to 30%. If adopted, Solana would reach its terminal inflation rate of 1.5% in 2029 rather than 2032.

Taken together, the proposals are designed to affect supply from both directions: more SOL would be removed through burns while less new SOL would be created through inflation.

What the numbers imply

At current prices cited in the source report, the change in daily burns would move the value of burned SOL from roughly $47,000 to as much as $650,000 per day. Even so, the burn increase would not by itself make SOL deflationary.

The article notes that even the top end of the projected burn range, 9,000 SOL a day, would still sit against about 60,000 SOL in daily inflation. That gap helps explain why the fee change and the faster disinflation proposal are being advanced together rather than separately.

For issuance, the estimated effect of SIMD-0550 is a reduction of about 18.9 million SOL in emissions over six years, valued in the report at roughly $1.36 billion. Solana’s current inflation rate is said to be near 3.8%, down from an initial 8% under a schedule that cuts 15% each year.

Support is concentrated but still below the bar

Initial signaling support stands at 24.94 million SOL, equal to 5.8% of the 432.65 million SOL currently staked. That is about 38% of the way toward the 15% signaling threshold required before the matter can move to an actual vote.

The proposal therefore still needs roughly 39.95 million more SOL in backing before signaling closes on Aug. 18. The report values that remaining amount at about $2.9 billion.

So far, 16 validators, or 2.3% of the validator set, have signaled support. Helius accounts for 16.03 million SOL of the running total, close to two-thirds of all support recorded so far. Blueshift follows with 3.6 million SOL and Temporal Emerald with 1.24 million SOL.

Governance mechanics and the next step

SIMD, short for Solana Improvement Document, is the technical process core developers use to propose protocol changes. SGP, or Solana Governance Proposal, is the newer stake-weighted voting layer that sits above that process.

The current package is being tested through that governance structure. According to the report, the Solana Foundation introduced the 15% signaling gate in July to ensure validators only spend time on questions that have meaningful stake support, while leaving routine technical work inside the SIMD track.

A formal vote will only happen if the package clears that signaling threshold by Aug. 18. For now, the central question is whether more large validators will add support in the remaining time. The report notes that Helius, the largest backer so far, also employs the engineer behind SIMD-0550, a detail that adds to the attention on how broadly the proposal is embraced across the validator set.

Source: www.coindesk.com