SOL Burns Could Surge as Solana Opens Major Supply Vote

TLDR

• Solana validators are voting on three governance proposals, with voting scheduled to close Thursday at about 15:30 UTC.
• SGP-0002 would double the annual reduction in new SOL issuance from 15% to 30%, bringing inflation toward its floor faster.
• SGP-0003 could sharply increase SOL burns by permanently removing part of transaction fees based on network computing demand.
• Estimated daily SOL burns could rise from about 650 SOL to between 7,500 and 9,000 SOL under the proposed fee model.
• SOL reclaimed the $100 level on August 25, trading near $101–$102 as the wider crypto market strengthened.

Solana validators are voting on three governance proposals as SOL price trades above $100. Two proposals focus on supply and could increase SOL burns while reducing new token issuance. Voting began Sunday and runs until Thursday at about 15:30 UTC. Staked SOL determines vote weight, giving validators and delegated holders influence over the outcome.

SOL traded near $101 to $102 on August 25 after a strong run over the past week. The token moved above $100 as Bitcoin climbed past $80,000 during a broader crypto market rally.

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