Solana Proposals Target 13x Fee Burns With New Resource-Based Model

Solana (SOL) is moving toward a sweeping overhaul of its fee and supply mechanics—one that supporters say could sharply increase token burns and tighten net issuance, potentially changing how the network’s economics respond to periods of high demand.

Validators are signaling support for a governance proposal known as SIMD-0553, which would shift Solana from its current transaction-fee framework to a ‘resource-based fee model,’ according to reports cited by CoinDesk. Under the proposed design, fees would be calculated more directly from the computing resources consumed by a transaction,…  Read more

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