# Solana Proposal Could Increase SOL Burns 14-Fold

*Author: David Christopher*
*Published: Aug 4, 2026*
*Source: https://www.bankless.com/de/read/news/solana-proposal-could-increase-sol-burns-14-fold*

---

[Coindesk reported that](https://www.coindesk.com/tech/2026/08/04/a-new-solana-proposal-would-take-daily-sol-burns-from-usd47-000-to-usd650-000) Solana validators are considering two linked proposals that would burn more transaction fees and reduce how quickly new SOL enters circulation.

## What’s the scoop?
- **The proposals:** SGP-0003 combines SIMD-0553, which would introduce new resource-based transaction fees, with SIMD-0550, which would accelerate Solana’s existing inflation reduction schedule.
- **More SOL burned:** SIMD-0553 would charge transactions based partly on the network resources they request, with those new fees fully burned. CoinDesk estimates this could increase daily burns from roughly 650 SOL, worth $47,000, to between 7,500 and 9,000 SOL, worth as much as $650,000. t must be noted though that Solana issues roughly around 60,0000 SOL daily, so while 9,000 is a strong step, it would by no means make the chain deflationary.
- **Less SOL issued:** SIMD-0550 would double Solana’s annual disinflation rate from 15% to 30%, accelerating the path to its 1.5% permanent floor in 2029 instead of 2032.
- **What happens next:** The proposal currently has support from 24.94M SOL, or 5.8% of active stake. It needs support from 15% by August 18 before it can advance to a formal validator vote, leaving it roughly 40M SOL short. Helius currently accounts for nearly two-thirds of the support.
---

*This article is brought to you by [NEAR](https://www.bankless.com/de/sponsor/near-1785257427?ref=read/news/solana-proposal-could-increase-sol-burns-14-fold)*