Solana whales just triggered a countdown that could skyrocket SOL’s daily burn rate by over 1,200%

NewsFri, 07 Aug 2026 00:15:28 UTC1 hour ago
Solana whales just triggered a countdown that could skyrocket SOL’s daily burn rate by over 1,200%

Two Solana supply reforms are now on a live governance clock. SGP-0002 would cut future issuance, and SGP-0003 would burn resource fees in full. Both moved into discussion after the governance interface marked their 15% stake-support thresholds as met.

The official records for the Solana supply reforms, SGP-0002 and SGP-0003, place the end of both discussion periods at Aug. 22, 15:13 UTC. A governance vote comes next. Implementation and feature-gating would follow any successful vote before the economics could change on-chain.

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When checked, the live records showed Helius and Jupiter as the largest named supporters of both proposals, backing them with 16 million SOL and 12.47 million SOL, respectively. Those stakes move the proposals through discussion; the binding governance decision comes later.

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