Solana Double Burn Proposal Reaches Quorum, Could Reduce SOL Supply by 18.9 Million

Chainthink

Release Time: 2026/08/27 12:36:18

SOL

$99.15-1.97%

Summary

The Solana double burn proposal has reached quorum 27 hours before voting ends, with 33.84% participation and 25% voting in favor. If approved, the burn rate would double to 30%, potentially reducing 18.9 million SOL over six years, valued at $14.7 billion. Altcoins to watch may include Solana, as the move could influence the fear and greed index among traders.

According to SolanaFloor, the Solana double deflation proposal reached quorum 27 hours before the vote concluded, with a current participation rate of 33.84% and 25% voting in favor.

If the proposal passes, Solana's deflation rate will double to 30%,预计 reducing approximately 18.9 million SOL supply over six years, equivalent to about $1.47 billion at current prices.

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