A newly merged Solana proposal, SIMD-0553, would restructure network transaction fees and push daily SOL burns 12 to 14 times higher. Bundled with a companion proposal that would double Solana's disinflation rate, the changes still need more validator support to reach a governance vote by August 18.
Solana's daily token burn could jump from roughly 650 SOL, worth about $47,000, to between 7,500 and 9,000 SOL, worth up to $650,000, under a newly merged proposal called SIMD-0553. That marks a 12 to 14x increase in the SOL permanently removed from circulation each day.
How the new fee model works
Every Solana transaction currently carries a flat fee of 5,000 lamports per signature. SIMD-0553 splits that fee in two: a 2,500-lamport inclusion fee that goes to the block leader, the validator producing the block, and a new resource fee tied to the compute units a transaction requests. Unlike the inclusion fee, the resource fee gets burned entirely.
Helius engineer 0xIchigo authored the proposal, which was merged on July 20, 2026. Implementation is expected through phased feature gates in the upcoming Solana 4.3 release.
A companion proposal doubles disinflation
A second proposal, SIMD-0550, travels alongside SIMD-0553 and would double Solana's annual disinflation rate from 15% to 30%. Under the current schedule, Solana's inflation rate would not reach its terminal floor of 1.5% until 2032. With SIMD-0550, that timeline would move to 2029, three years earlier. Together, the two proposals would mean roughly 18.9 million fewer SOL minted over six years, worth about $1.5 billion at current prices.
Validators still short of the threshold
Support toward that threshold is still building. Governance rules require 15% support to advance to a full vote, and between 25 million and 63 million SOL have signaled backing for the proposals as of early August 2026, representing roughly 5.8% to 14.4% of the staked supply. That deadline falls on August 18. Helius validators have thrown majority backing behind the proposals, and with signaling already nearing the threshold, a full vote looks increasingly likely.
If the resource fee reaches 9,000 SOL burned daily, the annualized burn would approach 3.3 million SOL. Paired with the reduced emissions from SIMD-0550, that would slow SOL's net supply growth considerably.
Source: Crypto Briefing
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