Solana News: Proposals Could Cut $1.5Bn in SOL Issuance

In Solana news today, SOL is trading at $105, up +9% over the past 24 hours, as validators weigh a governance shift that could reshape the network’s supply curve for years. Two proposals are quietly doing what most SOL price action can’t: forcing a real conversation about scarcity.

Solana voters are deciding on SGP-0002 and SGP-0003, formal votes tied to technical proposals SIMD-0550 and SIMD-0553, with voting running through epoch 1023 (expected around 15:30 UTC on Aug. 27). SIMD-0550 would double the annual disinflation rate from 15% to 30%, pushing the network toward its 1.5% terminal inflation rate by early 2029 instead of 2032.

Authors of the proposal estimate roughly 18.9 million fewer SOL issued over six years, worth an estimated $1.4-$1.5Bn based on 21Shares’ modeling. Meanwhile, SIMD-0553, which adds burn mechanics to compute-unit fees, has reportedly already cleared review and could push daily burns from 600-800 SOL to 7,500-9,000 SOL based on current network activity.

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