Solana validators are voting on three governance proposals that could reshape how the network manages token supply and future economic rules. Two proposals focus on reducing SOL issuance and increasing token burns, while a third establishes the governance framework. Current voting data shows mixed support across the measures, with one supply proposal narrowly above the required threshold.

Solana Governance Vote Tests Supply Changes

SGP-0002 proposes cutting the annual rate of SOL issuance by 30% instead of 15%. The measure currently has 68.77% support, with 47.72% of network stake participating in the vote.

If validators approve it, the proposal would bring Solana’s inflation rate down to the 1.5% minimum around 2029. Under the current schedule, that level is expected around 2032. The change would prevent about 18.9 million SOL from entering circulation over six years.

SGP-0003 seeks to change how Solana charges transaction fees. Transactions would pay based on the computing resources they use, and the network would burn that portion of the fee.

The plan could increase daily SOL burns from about 650 tokens to between 7,500 and 9,000 SOL. At recent prices, the upper end of that range equals about $800,000 per day. However, daily burns would still remain below the roughly 60,000 SOL created each day, which helps explain why the proposal is framed as a fee-rule change rather than a full shift in issuance dynamics.

Abstentions Weigh on SGP-0003

The fee proposal has 62.72% support, 16.52% opposition, and 20.75% abstentions. Participation stands at 42.51%, which clears the required quorum but leaves support below the two-thirds approval level.

Abstentions count toward participation but do not count as votes in favor. That structure makes the high abstention rate important for SGP-0003. The proposal therefore remains below the level required to pass as voting continues.

SGP-0001, the constitution proposal, has drawn broad backing. It sets the process for Solana governance votes, including voting rights, stake weighting, participation rules, and approval requirements.

The proposal currently has 95.35% support and only 0.22% opposition. Solana Company, the Nasdaq-listed treasury firm trading as HSDT, supports SGP-0001 but opposes SGP-0002 and SGP-0003. The company said institutions need stable economic rules for long-term planning.

Voting remains open during the final network epoch. Approved proposals will not change Solana automatically. Developers would still need to prepare, review, and implement the required technical changes before any network update takes effect, so the vote is only one step in a longer network process.