Solana SIMD-0553 Proposal Would Increase Daily SOL Burns 12x to $650K
Solana governance proposal SIMD-0553, merged on July 20, 2026, would increase daily SOL token burns from approximately 650 SOL (worth about $47,000) to between 7,500 and 9,000 SOL (worth up to $650,000)—a 12 to 14x increase in tokens permanently removed from circulation. The proposal, authored by
SOL-0.77%
GateCryptoDesk·08-08 00:25

