Solana validators have approved SGP-0002, a proposal that doubles the network’s annual disinflation rate from 15% to 30%. In simple terms, this accelerates how fast new Solana issuance drops each year, meaning the network will hit its minimum inflation rate of 1.5% in about 2.8 years instead of nearly 6. That’s an 18.9 million Solana reduction in projected token issuance over the next 6 years.
At the same time, validators rejected a companion proposal, SGP-0003, that would have overhauled Solana’s transaction fee structure, so fee economics remain unchanged for now. The result is a concrete monetary policy decision, not just a governance gesture. Validators opted for a faster supply reduction without altering how fees are earned or burned.
The story here is also how it happened. Helius CEO Mert Mumtaz actively lobbied major validators in the hours before the deadline, reportedly making around 500 calls to help push the vote across the line. The measure passed by a narrow margin, showing how much direct engagement and stake-weighted influence matter in Solana’s governance. It also highlights a clear split: validators backed faster issuance cuts while rejecting fee reform.