Solana Expands Validator Power With Launch of On-Chain Governance

TheNewsCryptoPublished on 2026-07-02Last updated on 2026-07-02

Abstract

Solana has formally launched its on-chain governance system, empowering token holders and validators with a more open and decentralized way to influence major protocol decisions. Governance debates and voting are now conducted entirely on-chain using the new Solana Governance Proposals (SGP) framework, supported by stake-weighted voting and cryptographic verification. Validators with at least 100,000 SOL in delegated stake can submit an SGP. To proceed to a formal vote, a proposal must first gain support from at least 15% of the network's total staked SOL, ensuring only ideas with significant backing move forward. SGPs serve a distinct purpose from the technical Solana Improvement Documents (SIMDs). While SIMDs focus on *how* to implement protocol upgrades, SGPs determine *whether* the broader ecosystem believes a proposal should proceed, via an on-chain, stake-weighted vote. This separation allows core developers to continue building effectively while reserving community-wide votes for impactful decisions. A key feature grants delegators greater control: they can now override their validator's governance vote. If a validator votes against a delegator's preference or abstains, the delegator can cast a vote directly using their own stake weight through Solana's governance portal. The voting process is secured using Merkle proofs to verify participant stakes against an on-chain consensus snapshot. With this implementation, Solana aims to broaden community participation in g...

With the formal launch of its eagerly anticipated on-chain governance system, Solana now offers token holders and validators a more open and decentralised means of influencing important protocol decisions. Governance debates and voting are now fully conducted on-chain. It is supported by stake-weighted voting and cryptographic verification, with the recently implemented Solana Governance Proposals (SGPs).

Additionally, any validator having a delegated stake of at least 100,000 SOL is able to submit an SGP using the new structure. To ensure that only proposals with significant support forward, each proposal must first receive support from at least 15% of the network’s total staked SOL before going to a formal vote.

SGPs Split Community Choice From Technical Building

While Solana Improvement Documents (SIMDs) remain the standard process for technical protocol changes, SGPs serve a different purpose. SIMDs focus on answering how protocol upgrades should be implemented through technical review by core developers.

SGPs, on the other hand, decide whether the larger ecosystem thinks a proposal should proceed, and an on-chain, stake-weighted vote makes the ultimate decision. Additionally, it reserves community-wide voting for proposals that have a major influence on the ecosystem. This distinction enables developers to continue building effectively.

Delegators Gain Greater Control Over Governance

One of the most notable additions is the ability for delegators to override their validator’s governance vote. The validator votes against a delegator’s preference or chooses not to vote at all. And the delegator can cast a vote directly using their own stake weight through Solana’s governance portal.

Merkle proofs secure the voting process by verifying each participant’s stake against a consensus snapshot recorded on-chain. Also, this method relies on specialised governance algorithms that deliver verifiable weights for stakeholders before the actual voting takes place.

As Solana implements on-chain governance, it is able to include more members of the community in governance without compromising the development process.

Validators proposing the governance proposal, stakeholders voting with their stakes, and delegators enjoying full sovereignty. Solana is applying a particular governance model that combines decentralisation and efficiency of protocol development.

Crypto Market Highlights

Dogecoin (DOGE) Hangs Above Key Support: Can $0.068 Hold Against the Bears?

TagsCryptomarketSolana

Related Questions

QWhat is the main purpose of Solana's newly launched on-chain governance system?

AThe main purpose of Solana's on-chain governance system is to offer token holders and validators a more open and decentralized means of influencing important protocol decisions through governance debates and stake-weighted voting conducted fully on-chain.

QWhat is the minimum delegated stake required for a validator to submit a Solana Governance Proposal (SGP)?

AA validator must have a delegated stake of at least 100,000 SOL to submit a Solana Governance Proposal (SGP).

QHow do Solana Governance Proposals (SGPs) differ from Solana Improvement Documents (SIMDs)?

ASolana Improvement Documents (SIMDs) focus on the technical implementation of protocol changes through developer review, while Solana Governance Proposals (SGPs) are used to decide whether the larger ecosystem thinks a proposal should proceed, with the ultimate decision made by an on-chain, stake-weighted vote.

QWhat new ability do delegators have in the on-chain governance system regarding their validator's vote?

ADelegators have the ability to override their validator's governance vote. If a validator votes against a delegator's preference or does not vote, the delegator can cast a vote directly using their own stake weight through Solana's governance portal.

QWhat mechanism is used to secure the voting process and verify each participant's stake?

AThe voting process is secured using Merkle proofs, which verify each participant's stake against a consensus snapshot recorded on-chain.

Related Reads

On the Eve of Its U.S. Journey, SK Hynix Plummets Sharply

Just before its highly anticipated U.S. listing, SK Hynix saw its share price plummet dramatically, losing over 14% in a single day. The sell-off was triggered by market fears of a potential slowdown in AI capital expenditure. This followed a news report suggesting Meta might sell "excess AI compute," which was later amended to remove the word "excess." The initial phrasing sparked a chain reaction in investor sentiment, linking it to a potential peak in AI demand. Despite the sharp downturn, the article argues this is likely an overreaction driven by market sentiment and structural de-leveraging, rather than a fundamental reversal of the AI trend. The author points out that even if Meta proceeds, it could be an optimization of existing assets, not a systemic demand contraction. SK Hynix is in the final stages of its U.S. IPO via an ADR listing on Nasdaq, aiming to raise approximately $29.4 billion—one of the largest such offerings ever. The funds are earmarked for expanding domestic Korean production capacity for HBM (High Bandwidth Memory) and advanced packaging. A key motivation for the U.S. listing is to achieve a valuation re-rating, escaping the so-called "Korea discount" and tapping into the higher valuation multiples typically given to AI-related semiconductor stocks in the U.S. market. In conclusion, the article views the current price drop as a potential buying opportunity, suggesting the long-term industry fundamentals for SK Hynix—particularly its leading position in the crucial HBM market—remain strong. The significant capital raised from the IPO is also seen as a factor that could provide underlying support for the stock post-listing.

Odaily星球日报22m ago

On the Eve of Its U.S. Journey, SK Hynix Plummets Sharply

Odaily星球日报22m ago

World Cup Upsets Keep Coming, the 'Dumb Money' in Prediction Markets Got Me Laughing

The 2026 FIFA World Cup has been marked by frequent upsets, turning prediction markets into a high-stakes game of chance. Odaily Planet Daily examines several high-profile cases where "smart money" bets went disastrously wrong, questioning if these losses offer any contrarian insights. A major upset occurred when underdog Cape Verde held football powerhouse Spain to a 0-0 draw. A trader, betting $1 million on a Spanish victory at 0.92 odds to earn $85,000, instead lost their entire principal. This match set a precedent for underdogs stifling favorites. Similarly, Portugal, despite featuring star Cristiano Ronaldo, was held to a 1-1 draw by debutants DR Congo. A trader with a 49% win rate lost over $243,000 predicting a Portuguese win. The article highlights the case of a notorious "anti-indicator" address, @Zzzz87. After initially losing over $620,000 (with a sub-40% win rate) by betting on underdog upsets, the address switched strategy. It began backing favorites in the knockout stages, reportedly turning a $269,000 profit in a week, despite being down $255,000 over the past month. This exemplifies the market's volatility and the difficulty of establishing a consistent strategy. The core conclusion is that football's inherent unpredictability defies simple logic based on player valuations or national rankings. Whether following "smart money" or betting against "dumb money," the only certainty is uncertainty. The article advises enthusiasts to enjoy the games while remaining adaptable in their approach to the prediction markets.

Odaily星球日报29m ago

World Cup Upsets Keep Coming, the 'Dumb Money' in Prediction Markets Got Me Laughing

Odaily星球日报29m ago

Trading

Spot
活动图片