Here is another rewritten version with a more concise, publication-style tone:
SGP-0003 combines a major Solana fee redesign with a proposal to accelerate the network’s disinflation schedule. The initiative still needs nearly 40 million more SOL in validator support within two weeks to qualify for a formal governance vote.
Solana validators have begun signaling support for changes that could reshape the network’s supply dynamics by increasing token burns and reducing future SOL issuance.
The first proposal, SIMD-0553, introduces resource-based transaction fees that charge users according to the network resources their activity consumes. If approved, the change could increase daily SOL burns from roughly 650 SOL — about $47,000 at current market prices — to between 7,500 and 9,000 SOL, potentially reaching around $650,000 in daily burns.
The second proposal, SIMD-0550, seeks to double Solana’s annual disinflation rate to 30%. The adjustment would move the network’s 1.5% inflation floor forward to 2029 from 2032 and reduce projected emissions by about 18.9 million SOL over six years, valued at approximately $1.36 billion.
SIMD stands for Solana Improvement Document, the technical process used by developers to propose protocol upgrades. SGP, or Solana Governance Proposal, represents the newer validator-based governance system used for broader ecosystem decisions.
Together, the proposals aim to influence SOL supply from both sides — increasing the amount of tokens removed through fees while slowing the creation of new tokens. Solana’s inflation rate currently sits near 3.8%, down from its original 8% rate under a schedule that reduces inflation by 15% each year.
Validator Backing Remains the Key Hurdle
The proposals currently have support from 24.94 million SOL, representing about 5.8% of the 432.65 million SOL currently staked. That puts them roughly 38% of the way toward the 15% support threshold needed to trigger a formal vote.
Another 39.95 million SOL in validator backing — worth about $2.9 billion at current prices — is still required before signaling closes on August 18.
So far, 16 validators have backed the proposals, accounting for around 2.3% of the validator group. Helius provides the largest share of support with 16.03 million SOL, making up nearly two-thirds of the current total. Blueshift follows with 3.6 million SOL, while Temporal Emerald has contributed 1.24 million SOL.
Supply Impact: More Balanced Than Deflationary
Although the proposed burn increase appears significant, it remains smaller than Solana’s current inflation output. Even at 9,000 SOL burned daily, the network would still add around 60,000 SOL per day through inflation, meaning the fee adjustment alone would not make SOL deflationary.
That is why both proposals are being advanced together. SIMD-0553 increases the amount of SOL removed from circulation, while SIMD-0550 reduces the pace of new token creation.
Helius, the largest supporter so far, also employs the engineer behind SIMD-0550, adding another connection between the validator and the proposal.
The 15% signaling threshold was introduced by the Solana Foundation in July to ensure only major governance matters move to validator-wide voting, while routine technical improvements remain within the standard SIMD process.
