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Solana’s validators weigh slowing SOL issuance and increasing burns
A set of proposals under SGP-0003 would reduce new SOL issuance faster and raise the amount of SOL burned via network fees.
Solana’s validator community is considering proposals aimed at changing the network’s token supply dynamics, as investor Mike Dudas argued the chain is positioned for broader mainstream use.
In comments on Decrypt’s Fomo Hour podcast, 6th Man Ventures co-founder Mike Dudas said Solana can support a wide range of “trading and money movement and settlement” activities on a single network, helping consumer apps make on-chain actions feel less technical to users.
Dudas also pointed to Solana validators’ current review of SGP-0003, which bundles two measures that would accelerate reductions in new SOL issuance and increase the amount of SOL burned through network fees.
The proposals, if adopted, could create a supply-size squeeze investors would likely benefit from if demand remains steady or grows, while the network’s meme coin ecosystem showed resilience during a broader market downturn, Dudas said.
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