Solana fees near 9,200 SOL as activity rises and inflation cut passes

  • Solana fee revenue averaged about 9,200 SOL over seven days on Aug. 27.
  • Non-vote transactions reached 191 million, while daily Jito tips rose to 2,073 SOL.
  • SGP-0002 passed with 67.001% approval, accelerating annual SOL inflation reductions to 30%.

Solana network fee revenue reached a seven-day average of about 9,200 SOL on Aug. 27, more than 80% above the level three months earlier. Seven-day non-vote transactions hit a record 191 million, while average daily Jito tips rose 26% from the previous week to 2,073 SOL. SGP-0002, known as Double Disinflation, passed on Aug. 28 with 67.001% approval, just above the 66.67% threshold. The proposal doubles the annual reduction in SOL inflation to 30% from 15%, cutting new supply by about 18.9 million SOL over six years compared with the previous schedule. The resulting decline in issuance-based rewards could reduce staking returns from about 5.25% to 2.25% by the third year and pressure smaller independent validators. Transaction speeds and user fees are not expected to change materially.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.