CoinDesk·3 min read·hard
A new Solana proposal would take daily SOL burns from $47,000 to $650,000
S
Shaurya Malwa
✦AI Summary
New Solana improvement proposals aim to increase network transaction burns and reduce token issuance to manage supply dynamics. These changes, if passed, would significantly increase the daily burn rate of SOL tokens and accelerate the path toward a terminal inflation floor.
SIMD-0553 introduces resource-based fees, charging transactions according to the network resources they consume. That would lift daily burns from around 650 SOL, about $47,000 at current prices , to between 7,500 and 9,000, or up to roughly $650,000 a day.
cryptotechnology
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