Both proposals live in the support phase

Solana is about to
change how SOL is created

The two proposals

They attack the same problem from opposite ends. One slows how fast new SOL is printed, the other speeds up how fast existing SOL is destroyed. Both need 15% of staked SOL (64.90M) to advance to a full vote by August 18.

SIMD-0550

Double Disinflation

Solana's inflation rate shrinks every year. Today it shrinks 15% annually. This doubles it to 30%, reaching the 1.5% terminal rate in ~2.8 years instead of ~5.7.

Annual disinflation15% → 30%
Years to 1.5% terminal5.7 → 2.8
SOL never issued (6yr)~18.9M
Support phase56.5%
36.65M of 64.90M SOL · 28.24M still needed · 31 validators
by Lostin & 0xIchigo (Helius) · HEL1…e2TU
SGP-0003 · SIMD-0553

Resource & Inclusion Fee

Reworks how Solana charges for blockspace, splitting fees into a resource cost and an inclusion cost. The effect: far more of what the network already collects gets burned, scaling with real usage.

Daily SOL burned650 → 9,000
Daily $ burned$48K → $659K
Multiple13.8x
Support phase54.6%
35.44M of 64.90M SOL · 29.45M still needed · 25 validators
by cavemanloverboy · Cave…NCPX

Run it yourself

Drag the burn slider. The model steps month by month: inflation decays toward the 1.5% floor and re-anchors at activation exactly as SIMD-0550 specifies, and burns are subtracted daily. Hover either chart for the numbers at any point in time.

9,000 SOL / day
Base case under SGP-0003. Today it's 650.
$73
Changes dollar figures, not the supply math.

Total SOL supply

How much SOL exists, under each scenario

Issued vs burned, per day

Where the lines cross, total supply starts shrinking

SOL issued per day SOL burned per day Deflationary zone
Net new SOL / day
today
Net new SOL / day
at the 1.5% terminal floor
Supply in 2032
vs current schedule
SOL never created
over 6 years

Can burns actually overtake issuance?

Not today, and not at the base case. But the gap closes from both sides, and that's the part almost nobody is modelling.

Not yet

Today the gap is huge

Solana issues roughly 65,500 SOL per day. The base case burns 9,000. Even then ~56,500 new SOL still hits the market daily. Burns would need to grow another 7x overnight to flip it, and that isn't happening in 2026.

The real path

But issuance is falling toward it

Under SIMD-0550 inflation hits the 1.5% floor in ~2.8 years, and daily issuance falls toward ~27,000 SOL. From there burns only need to roughly triple from the base case, plausible if RWAs and tokenized equities land on Solana. The threshold is about 26,900 SOL/day. Set the slider to 30,000: the second chart shows supply starting to shrink in early 2029.

So where could the price go?

Pick a valuation you think Solana could reach in 2032, divide by the supply that exists then, and you get a price per SOL. Fewer tokens means the same valuation buys a higher price. Updates live with the burn slider.

If SOL is valued at… Current schedule With both proposals Extra per SOL
Valuations are measured against total supply, so today's row uses total supply × price rather than reported circulating market cap. Supply is the only variable modelled. Valuation is your assumption and depends on adoption and flows, which no tokenomics change controls. Not financial advice.

In plain english

If you've never cared about tokenomics, this is the whole thing in four steps.

1

Solana prints new SOL every day to pay stakers

About 65,500 SOL per day. That's the reward validators and stakers earn for securing the network, and it's also new supply hitting the market.

2

That printing shrinks each year, just slowly

Inflation started at 8% and falls 15% per year until a 1.5% floor, which takes until roughly 2032. SIMD-0550 doubles the shrink rate to 30% and pulls that into 2029.

3

Meanwhile barely any SOL gets destroyed

Only 650 SOL a day burns today, around $48K. Solana processes billions in volume and captures almost none of it permanently. SGP-0003 changes that.

4

Together they close the gap from both sides

Less printed, more burned. Issuance falls on a fixed schedule; burns rise with usage. If both hold, they meet, and SOL starts destroying more than it creates.

Model assumptions

Every input, stated openly, so you can check the math yourself.

Inputs

  • Total SOL supply631,502,506
  • SOL price$73.17
  • Current inflation rate3.79%
  • Daily issuance today~65,500 SOL
  • Terminal inflation rate1.50%
  • Assumed activation delay4 months
  • Current daily burn650 SOL
  • Total staked432.65M SOL
Current inflation is derived from the proposal's own stated timeline (1.5% terminal reached in 5.7 years at a 15% taper), which implies 3.79% today and ~65,500 SOL issued daily. Rates re-anchor at activation exactly as SIMD-0550 specifies rather than stepping down discontinuously. With a 4-month activation delay the model reproduces the proposal's stated ~18.9M SOL reduction over six years to within 0.1M. That agreement is the calibration check. Supply and price from CoinGecko; support figures from governance.solana.com, captured Aug 4, 2026.