Solana Validators Approve Proposal to Accelerate SOL Disinflation

cryptonews.ruPublished on 2026-08-28Last updated on 2026-08-28

Abstract

Solana validators have approved a proposal to accelerate the network's disinflation by doubling the annual disinflation rate from 15% to 30%, while keeping the long-term target inflation rate at 1.5%. The measure, known as SGP-0002 or "Double Disinflation," passed with 67% support from the voting stake. This change means Solana is expected to reach its final inflation target in roughly 2.8 years instead of 5.7 years, potentially reducing future SOL issuance by about 18.9 million over the next six years. This will decrease dilution for SOL holders but also lower staking rewards for validators and delegators. The vote was part of Solana's first mandatory governance process. Major validators were divided, with Figment voting against and Helius and Jupiter strongly in favor. Kraken changed its position during the voting period, ultimately supporting the proposal. The governance decision comes as U.S.-listed Solana ETFs continue to see strong investor interest, with Bitwise's Solana ETF recently surpassing $1 billion in assets under management.

Solana validators have approved a proposal to double the network's annual disinflation rate, reducing the future supply of $SOL.

According to the finalized voting results, the proposal received 67% support: 25.16% voted against, and 7.84% abstained. In total, participation reached 60.7% of the eligible staking volume.

The proposal, known as SGP-0002 or Double Disinflation, increases Solana's annual disinflation rate from 15% to 30%, while the network's long-term target inflation rate of 1.5% remains unchanged.

Under the new schedule, Solana is expected to reach its final 1.5% inflation rate in about 2.8 years versus about 5.7 years under the old schedule, Solana Compass reported. As a result, approximately 18.9 million fewer $SOL could be issued over the next six years, reducing dilution for $SOL holders but also decreasing staking rewards for validators and delegators.

SGP-0002 passed with 67% support and 60.7% participation. Source: Solana Governance

The vote was part of Solana's first mandatory governance process, which also saw the proposed Solana Constitution approved and a separate proposal on resource and inclusion fees rejected.

Some of the largest participants were split on SGP-0002. Figment, the largest voting participant listed in the finalized governance data with 17.1 million $SOL staked, voted entirely against the measure, whereas Helius and Jupiter overwhelmingly supported it.

Kraken was one of the entities that changed its position during the vote. The U.S.-based crypto exchange initially voted against SGP-0002 at 12:33 UTC, temporarily pushing support below the required threshold. By the vote's conclusion, over 90% of its roughly 8.9 million $SOL of voting stake supported the proposal.

The largest voting participants were split on SGP-0002. Source: Solana Governance

Related: Solana Transactions Hit Record 4.2B as $SOL Rallies 40%

Solana ETF Assets Top $1 Billion

The governance vote took place as investor capital continues to flow into U.S.-listed Solana investment products, despite $SOL's weaker performance earlier this year.

According to a Friday post on X by Bloomberg ETF analyst Eric Balchunas, Bitwise's Solana ETF recently surpassed $1 billion in assets, becoming the first Solana ETF to reach that milestone.

Balchunas said on Friday that the aggregate net inflow into U.S. Solana ETFs has been roughly $1.7 billion, with sustained outflows being minimal since their launch.

Source: Eric Balchunas

Magazine: Hugging Face hack reveals the open-weight AI cybersecurity paradox

Trending Cryptos

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
CapricornAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
comp
CompoundCOMP
mantra
MantraMANTRA
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
brev
BrevisBREV
zrx
ZRX（0X）ZRX
cake
PancakeSwapCAKE
dos
DAPPOSDOS

Related Questions

QWhat proposal was approved by Solana validators, and what is its main impact on SOL issuance?

ASolana validators approved proposal SGP-0002 (Double Disinflation), which doubles the network's annual disinflation rate from 15% to 30%. This will accelerate the reduction of future SOL issuance, leading to 18.9 million fewer SOL being issued over the next six years and reducing dilution for holders.

QWhat were the final voting results for the 'Double Disinflation' proposal SGP-0002?

AThe proposal received 67% support in the finalized vote. 25.16% voted against it, and 7.84% abstained. Voter participation reached 60.7% of the staking volume eligible to vote.

QHow did the stance of major participants like Figment, Helius, and Kraken differ regarding the SGP-0002 proposal?

AFigment, the largest voting participant, voted entirely against the measure. Helius and Jupiter overwhelmingly supported it. Kraken initially voted against but ultimately switched, with over 90% of its voting stake supporting the proposal by the end of the vote.

QAccording to the article, what milestone was recently achieved by a Solana ETF, and what was the related capital inflow?

ABitwise's Solana ETF recently surpassed $1 billion in assets, becoming the first Solana ETF to reach that milestone. According to Bloomberg analyst Eric Balchunas, the aggregate net inflow into U.S. Solana ETFs has been approximately $1.7 billion, with minimal sustained outflows after their launch.

QHow will the approved disinflation change affect the time it takes for Solana to reach its long-term target inflation rate?

AWith the new schedule, Solana is expected to reach its final inflation rate of 1.5% in approximately 2.8 years, compared to roughly 5.7 years under the previous schedule. This acceleration is a key outcome of the approved proposal.

Related Reads

Kalshi Faces Fresh Legal Setback as Ninth Circuit Backs Nevada Sports-Betting Rules

The Ninth Circuit Court of Appeals has unanimously dealt a legal setback to prediction market platform Kalshi, upholding Nevada's authority to regulate its sports-related contracts. In a ruling on August 28, the court dismissed Kalshi's argument that federal commodities law preempts state gaming statutes. The court found Kalshi's contracts, which it classifies as swaps regulated by the CFTC, operate similarly to sports bets and thus likely fall under Nevada's jurisdiction. This decision dissolves a prior injunction that had protected Kalshi from state enforcement. The court rejected Kalshi's various preemption claims and clarified that the CFTC is not a national gambling regulator. While it declined to rule the CFTC's potential rulemaking unconstitutional, the decision opens the door for future legal challenges under the Administrative Procedure Act. The ruling creates a split with a previous Third Circuit decision favorable to Kalshi, increasing the possibility of Supreme Court review. For now, Nevada can enforce its laws against Kalshi's sports agreements, as related federal rulemaking and court battles continue.

TheNewsCrypto5m ago

Kalshi Faces Fresh Legal Setback as Ninth Circuit Backs Nevada Sports-Betting Rules

TheNewsCrypto5m ago

Bank of Russia Announces Launch of Digital Ruble

The Central Bank of Russia (CBR) has announced the launch of the digital ruble, with major banks and retail companies set to open infrastructure for operations with the new form of national currency starting September 1. Citizens will be able to voluntarily open an account on the CBR platform via connected bank apps. Individuals and companies will be limited to one digital ruble account each, while individual entrepreneurs can have two: one as a private individual and another for business. Citizens can top up their digital ruble accounts from their bank accounts with a monthly limit of 300,000 rubles; no limit is set for businesses. The digital currency will enable transfers, payments for purchases, refunds, and budget payments, with no restrictions on managing funds in the digital wallet. Transactions and transfers in digital rubles will be free for citizens. For businesses, no commissions will be charged until the end of this year, but fees for companies and individual entrepreneurs will be introduced starting in 2027. The CBR has also allowed banks not legally required to open infrastructure this autumn to connect to the platform earlier if they wish to launch digital ruble services. In a related development, Russia's Supreme Court Plenum ruled in June that digital rubles, digital rights, and digital currency are included in the definition of property subject to theft.

cryptonews.ru15m ago

Bank of Russia Announces Launch of Digital Ruble

cryptonews.ru15m ago

Belgium requests EU registrars' data on cryptocurrency wallets as part of piracy investigation

Belgian authorities are intensifying efforts against digital piracy by compelling European domain registrars to disclose comprehensive data on suspected piracy website operators. Acting on orders from the Brussels Enterprise Court, the Belgian Department for Online Infringements has issued broad directives that go beyond typical domain blocking. The orders demand that registrars, including Hosting Concepts, Hostinger, and Key Systems, reveal extensive identifying information. The required data encompasses full names, physical addresses, phone numbers, financial details like IBANs and credit card data, as well as cryptocurrency wallet addresses and transaction hashes. Registrars must also provide up to 12 months of connection logs, device information, and associated IP addresses. While specifics about the rights holders and target websites are redacted, the court's reference to protecting the "sports economy" suggests a focus on illegal sports streaming networks. The court order includes strict non-disclosure provisions, prohibiting the registrars from notifying the account holders or the public about the investigation. Authorities cite the EU's Digital Services Act, which allows for exemptions from standard user notification requirements during criminal probes. Although the measures are said to apply to any service provider accessible in Belgium, legal experts note the cross-border enforcement against entities based outside the country remains untested under this legal framework.

cryptonews.ru15m ago

Belgium requests EU registrars' data on cryptocurrency wallets as part of piracy investigation

cryptonews.ru15m ago

Trading

Spot

Hot Articles

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of SOL (SOL) are presented below.

活动图片

Top Questions