Solana's fee generation approached a seven-day daily average of 9,200 SOL on August 27 as non-vote transaction activity reached record levels. The network's validators approved SGP-0002, a proposal to double the annual decline rate of inflation from 15% to 30%, with 67.001% support. Fee generation measured in SOL increased more than 80% over the past three months, while seven-day average non-vote transactions reached approximately 191 million per day—more than double the roughly 88 million recorded a year earlier—strengthening the network's fee economy as inflation rewards accelerate their decline.
Solana Non-Vote Transactions Reach 191 Million Daily Average
At a SOL price around $104, 9,200 SOL represents approximately $957,000 of fees per day. Network activity has risen alongside those fees. Seven-day average non-vote transactions reached approximately 191 million per day, more than double the roughly 88 million recorded a year earlier.
Separately, Solana Compass recorded 1.318 billion non-vote transactions during August 17-23, an all-time weekly high equivalent to approximately 188 million transactions per day. Non-vote transactions provide a more useful measure of application activity than Solana's headline total transaction count, as validators continuously submit vote transactions as part of Solana's consensus mechanism representing network overhead rather than user-driven activity.
July had already produced a record 4.2 billion non-vote transactions, up 13.5% from June and approximately 91% from December 2025. The network then reached 1.318 billion transactions in a single August week.
Solana Activates Infrastructure Upgrades on July 29 and August 28
SIMD-0286 increased the per-block compute limit from 60 million to 100 million compute units on July 29, increasing the amount of computation that can fit inside each block by roughly 67%. Solana then activated 300-millisecond slot times on August 28, down from approximately 350 milliseconds, as part of a longer-term roadmap targeting 200-millisecond slots.
Validator tips averaged 2,073 SOL per day over the latest week, increasing 26% week over week as users and trading systems paid for preferential transaction ordering. Solana's transaction fees consist of base fees and optional priority fees. Under the current structure, 50% of base fees are burned and 50% go to the block-producing validator, while priority fees go entirely to validators.
Validators Approve SGP-0002 with 67.001% Support
The proposal passed with 67.001% support, narrowly exceeding the required 66.67% threshold. It doubles the annual rate at which Solana's inflation rate declines from 15% to 30%, while leaving the network's long-term terminal inflation target at 1.5%. The change is expected to remove approximately 18.9 million SOL from projected issuance over six years compared with the existing schedule.
Models associated with the proposal estimate staking yields could decline from roughly 5.25% currently toward approximately 2.25% by year three. Implementation depends on the required software changes being incorporated into a future Agave release.
FAQ
What is Solana's current daily fee generation?
Solana's fee generation approached a seven-day daily average of 9,200 SOL on August 27. At a SOL price around $104, this represents approximately $957,000 of fees per day. Fee generation measured in SOL increased more than 80% over the past three months.
What did Solana validators approve on the inflation rate?
Validators approved SGP-0002 with 67.001% support. The proposal doubles the annual rate at which Solana's inflation rate declines from 15% to 30%, while leaving the network's long-term terminal inflation target at 1.5%. The change is expected to remove approximately 18.9 million SOL from projected issuance over six years compared with the existing schedule.
How many non-vote transactions does Solana process daily?
Seven-day average non-vote transactions reached approximately 191 million per day, more than double the roughly 88 million recorded a year earlier. Solana Compass recorded 1.318 billion non-vote transactions during August 17-23, an all-time weekly high equivalent to approximately 188 million transactions per day.
