Solana's Daily SOL Burn Could Surge 12-14x to $650K if SIMD-0553 Governance Vote Passes on August 18
Solana's SIMD-0553 proposal, merged on July 20, 2026, would restructure how transaction fees work on the network. If approved, daily SOL burns would jump from roughly 650 SOL (worth approximately $47,000) to between 7,500 and 9,000 SOL (up to $650,000)—a 12 to 14-fold increase in tokens
SOL-3.41%
GateNews·08-08 00:24
