Solana Passes Historic Inflation Vote as Schwab Adds SOL to Crypto Platform

Solana tightens supply schedule and gains institutional access

Solana completed its first binding onchain governance vote, approving three proposals that will reduce the amount of new SOL created. The network's token rose above $105, marking a roughly 44% gain in August.

On the same day, Charles Schwab announced it will add SOL, along with Avalanche (AVAX) and Chainlink (LINK), to its crypto brokerage platform. This opens access to tens of millions of Schwab brokerage accounts.

What the governance vote changes

• SGP-0002 doubles the annual disinflation rate from 15% to 30%, meaning new SOL supply shrinks faster. The network reaches a 1.5% inflation floor by 2029 instead of 2032, removing roughly 18.9 million SOL from the projected issuance schedule.
• SGP-0003 splits transaction fees into a base fee for validators and a resource fee tied to compute usage. The resource fee is destroyed rather than distributed. Daily SOL burns could rise from about 650 to 9,000.
• All three proposals passed above quorum.

Who opposed the changes

Solana Company, a Nasdaq-listed treasury firm trading under the symbol HSDT, backed the constitution but voted against both economic changes. The firm argued that institutional stakers need predictable yield more than a faster supply cut.

DeFi Development Corp (DFDV) voted against all three proposals but later purchased 19,000 SOL worth about $1.86 million at an average price of $98.14. This was DFDV's first SOL purchase since October 2025, funded partly by unwinding its ZeroStack position. The treasury now holds about 2.33 million SOL.

Impact on staking and validators

The faster disinflation means lower issuance for stakers. According to 21Shares, the staking yield could drop from about 5.25% today to around 2.25% within three years. Smaller validators may face pressure from reduced rewards.

The increase in fee burns benefits the overall supply but shifts costs to those who stake their SOL to help secure the network.

Market context

Solana is having its strongest month since 2024, with its leading meme coin apps Pump.fun and Fomo seeing explosive growth. Pump.fun hit 100,000 active users for the first time and recorded revenue of $3.27 million on its best day.

Bitcoin ETFs saw $242 million in net inflows on Thursday, while Ethereum ETFs attracted $225 million. Bitcoin traded around $79,600.

What is confirmed

• Solana's first binding onchain governance vote passed with all three proposals approved.
• Charles Schwab plans to add SOL, AVAX, and LINK to its crypto brokerage platform.
• DFDV bought 19,000 SOL despite voting against the governance proposals.
• SOL rose above $105, up roughly 44% in August.

What is still unclear

• How smaller validators will respond to reduced staking yields.
• Whether other traditional finance firms will follow Schwab's lead in adding Solana.
• The exact impact of increased fee burns on daily network economics.

Why this matters for Solana investors

The governance vote tightens Solana's supply schedule at a time when demand appears to be growing. The addition to Schwab's platform gives SOL access to a much wider audience of retail investors.

These developments come as Solana's ecosystem shows strong activity, with meme coin platforms and DeFi apps driving usage. The supply-side changes and distribution expansion create a different market setup for the network.

Sources

• Decrypt