By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Notification
yourcryptonewstoday yourcryptonewstoday
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
Reading: A new Solana proposal would take daily SOL burns from $47,000 to $650,000
Share
bitcoin
Bitcoin (BTC) $ 84,057.00
ethereum
Ethereum (ETH) $ 2,673.26
tether
Tether (USDT) $ 0.999797
bnb
BNB (BNB) $ 778.48
usd-coin
USDC (USDC) $ 0.999841
xrp
XRP (XRP) $ 1.51
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.096653
cardano
Cardano (ADA) $ 0.255888
solana
Solana (SOL) $ 121.93
polkadot
Polkadot (DOT) $ 1.26
tron
TRON (TRX) $ 0.334356
Your Crypto News TodayYour Crypto News Today
  • Home
  • News
  • MarketCap
  • Altcoins
  • Crypto
  • Blockchain
  • Market
  • Mining
  • Exchange
  • Analysis
Search
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
© 2024 All Rights reserved | Protected by Your Cryptonews Today
Your Crypto News Today > News > Crypto > Altcoins > A new Solana proposal would take daily SOL burns from $47,000 to $650,000
Altcoins

A new Solana proposal would take daily SOL burns from $47,000 to $650,000

August 5, 2026 2 Min Read
Share
image

Preliminary assist stands at 24.94 million $SOL, or 5.8% of the 432.65 million staked, roughly 38% of the best way to the 15% threshold a proposal should clear earlier than it reaches an precise vote. That leaves 39.95 million $SOL to search out, or about $2.9 billion, earlier than signaling closes on Aug. 18.

Sixteen validators have signaled to this point, 2.3% of the set. Helius accounts for 16.03 million $SOL of the operating complete by itself, near two-thirds of every little thing gathered, with Blueshift subsequent at 3.6 million and Temporal Emerald at 1.24 million earlier than the listing thins out.

As such, the burn improve is smaller than it sounds in opposition to what Solana points. Even on the prime of the projected vary, 9,000 $SOL a day sits in opposition to roughly 60,000 $SOL of every day inflation, so the charge change alone doesn’t flip $SOL deflationary. That’s a part of why the 2 proposals journey collectively, with SIMD-0550 reducing issuance whereas SIMD-0553 raises what will get destroyed.

Even a 14x burn improve barely dents what Solana points. (Shaurya Malwa/CoinDesk)

In the meantime, Helius, which equipped 16.03 million $SOL of the 24.94 million gathered, employs the engineer behind SIMD-0550.

However the 15% gate exists exactly to check this. Solana Basis set it in July so the validator set would solely vote on questions sufficient stake really cares about, leaving routine technical work contained in the SIMD course of.

You Might Also Like

Ethereum’s staking would arrive at the ETF sooner rather than later

Donald Trump dinner hype lifts MELANIA despite ongoing $18 million token sell-offs

This Major Altcoin Announces Partnership with Tech Giant Xiaomi

Shibarium Transactions Plunge 88%, What’s Behind It?

What is Pi Network’s Pi2Day and Should Pioneers be Excited

TAGGED:AltcoinsAltcoins News
Share This Article
Facebook Twitter Copy Link
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

image
Solana’s plan for fairer trades stalls as block producers still choose which orders get in
Are NFTs Making a Return to Auction Houses?
Are NFTs Making a Return to Auction Houses?
Bitcoin miners' profits decline for the fourth consecutive month
Bitcoin miners’ profits decline for the fourth consecutive month
German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
Bitcoin Not a Threat to US Dollar, Donald Trump Asserts
Bitcoin Not a Threat to US Dollar, Donald Trump Asserts
Bitcoin Mining Costs Soar as Miners Expect Long-Term Price Boosts
Bitcoin Mining Costs Soar as Miners Expect Long-Term Price Boosts

You Might Also Like

Whale Amasses $3.88 Million KAITO Tokens, What’s Next for Kaito Price?
Altcoins

Whale Amasses $3.88 Million KAITO Tokens, What’s Next for Kaito Price?

March 7, 2025
image
Altcoins

US-Based Company Founder Allegedly Manipulated Prices of Many Altcoins! “Including the Most Popular Altcoin of Recent Times!”

November 15, 2025
image
Altcoins

XRP Ledger Hits Yet Another Growth Milestone

July 21, 2026
image
Altcoins

Here’s Why Ripple is Buying $1B in XRP Instead of Just Using Its Escrow

October 23, 2025
yourcryptonewstoday yourcryptonewstoday
yourcryptonewstoday yourcryptonewstoday

"In the fast-paced world of digital finance, staying informed is essential, and we’re here to help you navigate the evolving landscape of crypto currencies, blockchain, & digital assets."

Editor Choice

Historic Bullish Signal Re-emerges in Ethereum! Four Major Rallies Previously Occurred!
Ethereum Big Wallets Are Back: Whales Are Quietly Accumulating ETH – A Rally On The Way?
HashKey, Visa launch Hong Kong credit card with up to 4% rewards

Subscribe

* indicates required
/* real people should not fill this in and expect good things - do not remove this or risk form bot signups */

Intuit Mailchimp

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Linkedin Facebook
  • About Us
  • Contact Us
  • Disclaimer
  • Terms of Service
  • Privacy Policy
Reading: A new Solana proposal would take daily SOL burns from $47,000 to $650,000
Share
Follow US
© 2025 All Rights reserved | Protected by Your Crypto News Today
Welcome Back!

Sign in to your account

Lost your password?