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) $ 64,301.00
ethereum
Ethereum (ETH) $ 1,871.66
tether
Tether (USDT) $ 0.999219
bnb
BNB (BNB) $ 601.65
usd-coin
USDC (USDC) $ 0.999584
xrp
XRP (XRP) $ 1.07
binance-usd
BUSD (BUSD) $ 0.998456
dogecoin
Dogecoin (DOGE) $ 0.069903
cardano
Cardano (ADA) $ 0.190275
solana
Solana (SOL) $ 74.08
polkadot
Polkadot (DOT) $ 0.846727
tron
TRON (TRX) $ 0.326802
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

Here’s What You Need to Keep an Eye On in Altcoins This Week

World Liberty Financial’s USD1 to integrate with Tron network

Flare 2.0 Expands Cross-Chain Execution and Security

VeChain to Launch StarGate on July 1—Massive $VET Staking Rewards and Fee Burns Ahead

Wall Street Giant Franklin Templeton Announces Altcoin ETF Expectations! “The Next ETF Wave…”

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
Bitcoin Miners Face August Showdown After Revenue Rebound
AvaCloud Ushers in New Era of Blockchain Privacy with Acquisition of EtraPay and Launch of Privacy Suite
AvaCloud Ushers in New Era of Blockchain Privacy with Acquisition of EtraPay and Launch of Privacy Suite
TRON's Justin Sun Debunks Binance Listing Rumors
TRON’s Justin Sun Debunks Binance Listing Rumors
Universal Health Token Debuts ‘PILLARS OF HEALTH’ NFT Collection
Universal Health Token Debuts ‘PILLARS OF HEALTH’ NFT Collection
Paragon Launches Flagship Loot-Box NFTs, Sell Out in Seconds
Paragon Launches Flagship Loot-Box NFTs, Sell Out in Seconds
Are NFTs Making a Return to Auction Houses?
Are NFTs Making a Return to Auction Houses?

You Might Also Like

Best Low-Cost Cryptos Under $0.10 to Watch for Explosive Growth Potential
Altcoins

Best Low-Cost Cryptos Under $0.10 to Watch for Explosive Growth Potential

November 7, 2024
XRPL EVM Sidechain Hits Key Milestones With Over 17,000 Users and 160 Tokens
Altcoins

XRPL EVM Sidechain Hits Key Milestones With Over 17,000 Users and 160 Tokens

July 20, 2025
image
Altcoins

Five Possible Reasons Behind BlackRock’s Hesitation to File for One

August 12, 2025
image
Altcoins

$107,775,259 XRP Mysteriously Moved, Top Company Behind This Revealed

August 21, 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

UBS launches its first tokenized fund on Ethereum blockchain
Bitcoin Surpasses $64,000, Whale Activity is High! Here are the Altcoins They’re Trading
Bitcoin Exchange Binance Introduces 19th Project of HODLer Airdrop Program! Here Are the Details

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?