Solana's double disinflation proposal has achieved the required governance threshold with 67% support from participating stakeholders, narrowly exceeding the two-thirds requirement. According to the latest governance dashboard data, 176.29 million SOL voted in favor, representing 67% of participating stake, while 66.19 million SOL opposed the proposal and 20.63 million SOL abstained. Voting participation reached 60.7%, representing 433.49 million SOL and comfortably meeting the one-third quorum requirement. The proposal would double Solana's annual disinflation rate from 15% to 30%, fundamentally altering the network's supply curve and reducing new SOL entry into circulation.
Solana has achieved a new all-time high with over 1.5 million agentic transactions processed in a single day, surpassing Base for the first time in automated payment transactions. As reported by Token Terminal data, this represents a significant expansion in the network's automated transaction capabilities, particularly in the machine-driven payment space. The rapid increase in agentic payment share over the past two weeks, combined with Base's declining share, demonstrates Solana's growing dominance in this high-potential sector. This development adds substantial weight to SOL's fundamental story beyond the governance proposals. July transactions reached a record 4.2 billion, rising 13.5% from June and about 91% from December 2025, according to the latest network activity report. Blockworks data shows 1.32 billion non-vote transactions between Aug. 17 and Aug. 23, marking the network's busiest seven-day period on record.
The approved proposal would reduce SOL issuance by approximately 18.9 million tokens over six years, valued at around $1.47 billion at current estimates. According to the SIMD-0550 specification, this represents a meaningful acceleration in supply reduction, with the network reaching its 1.5% terminal inflation rate in approximately 2.8 years during H1 2029, compared to 5.7 years under the current schedule. Under the faster disinflation timeline, nominal staking yield could fall from around 5.25% to 4.34% in the first year, 3% in the second and 2.25% in the third. The proposal projects 18.9 million fewer SOL issued over six years than under the current schedule, with the difference worth approximately $1.47 billion based on current SOL pricing. Even at the highest proposed resource-fee rates, the added burn would equal about 0.5% of supply annually against an inflation rate of roughly 3.8%.
Solana Foundation Vice President of Technology Jacob Creech announced several upcoming network upgrades on August 30, including Transaction V1 activation scheduled for September 9, which will increase the maximum serialized transaction size from 1,232 bytes to 4,096 bytes - a 3.3 times increase. The larger format will support transactions containing zero-knowledge proofs, complex multisignature instructions, and other data-heavy operations, though developers must opt into the V1 format and existing legacy transactions remain compatible. Additionally, the first rent reduction stage begins next week, starting a five-step path toward 90% savings by reducing rent calculation from 6,960 lamports per byte to 696 lamports per byte. Solana has already cut target slots to 350 milliseconds and plans additional reductions to 300, 250, and eventually 200 milliseconds, with Alpenglow consensus redesign targeted for October aiming for approximately 150-millisecond finality.
While the disinflation proposal gained approval, a separate resource-fee structure proposal has failed to reach the required two-thirds support threshold. SGP-0003, the Resource and Inclusion Fee proposal, received 53.9% support, falling almost 13 percentage points below the required threshold despite 61.14% participation. The proposal would have replaced Solana's flat base-fee model with a 2,500-lamport inclusion fee and separate charges based on transaction resources. According to the SIMD-0553 specification, daily burns would range from 1,500 to 1,800 SOL at the first stage, 3,750 to 4,500 SOL at the second, and 7,500 to 9,000 SOL at the final rate. Transaction costs would vary significantly, with a simple validator vote costing 12.3% less while a zero-priority Pump.fun swap could face an increase of 3,150%. Opposition included Solana Company, which argued that reopening established economic parameters during Solana's first formal governance cycle could create uncertainty for institutional adoption.
