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Solana supply cut vote leads at 68.77%
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Solana supply cut vote leads at 68.77%

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  • A Solana proposal to cut new SOL issuance faster has 68.77% support and is narrowly passing.
  • A separate burn proposal has 62.72% support, below the two-thirds needed for approval.
  • The burn plan could destroy 7,500–9,000 SOL daily, worth up to US$800,000.

Solana (CRYPTO:SOL) operators are voting on proposals that could reduce future token supply.

The leading plan would cut the annual rate of new SOL creation by 30%, down from 15%.

That proposal has 68.77% support, just above the two-thirds approval threshold, with 47.72% participation.

A second proposal would increase daily SOL burns from about 650 to 7,500–9,000 tokens.

At current prices, burning 9,000 SOL daily would equal about US$800,000, according to CoinDesk.

The burn proposal has 62.72% support and remains below the two-thirds threshold needed to pass.

Solana Company supports the governance proposal but opposes both supply changes, citing concerns about predictable economic rules.

None of the votes would immediately change Solana, as approved proposals still require separate technical development and implementation.

At the time of reporting, Solana price was $106.71.

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