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On August 25, the Solana community is advancing governance proposals SGP-0002 and SGP-0003, aimed at tightening the supply of SOL tokens through a dual mechanism of 'reducing new supply + increasing burn'. Among them, SGP-0003 (detailed mechanism corresponding to SIMD-0553) proposes to introduce a resource consumption-based transaction fee mechanism, charging fees based on the network resources consumed by transactions. This is expected to increase the daily burn of SOL from the current approximately 650 tokens (around $65,000) to between 7,500 and 9,000 tokens (approximately $750,000 to $900,000). The other proposal, SGP-0002 (detailed mechanism corresponding to SIMD-0550), plans to double the rate of decline in SOL's annual inflation, aiming to achieve a minimum inflation target of 1.5% by 2029 instead of the originally planned 2032. It is expected to reduce the issuance of SOL by approximately 18.9 million tokens over the next six years, valued at about $1.89 billion at current prices. Currently, both proposals are in the voting phase. SGP-0002 has a voting rate of 16.71%, with a support rate of 16.24%, opposition rate of 0.31%, and abstention rate of 0.16%; SGP-0003 has a voting rate of 13.53%, with a support rate of 13.23%, opposition rate of 0.27%, and abstention rate of 0.03%. Both require a 1/3 participation rate to pass. If the proposals ultimately receive enough support, the Solana network will further optimize its token supply structure by combining reduced new issuance with increased transaction fee burns. Voting is still ongoing, and further progress will depend on participation and support levels.

On August 25, the Solana community is advancing governance proposals SGP-0002 and SGP-0003, aimed at tightening the supply of SOL tokens through a dual mechanism of "reducing new supply + increasing burn." Among them, SGP-0003 (detailed mechanism corresponding to SIMD-0553) proposes to introduce a resource consumption-based transaction fee mechanism, charging fees based on the network resources consumed by transactions. This is expected to increase the daily burn of SOL from the current approximately 650 tokens (around $65,000) to between 7,500 and 9,000 tokens (approximately $750,000 to $900,000). The other proposal, SGP-0002 (detailed mechanism corresponding to SIMD-0550), plans to double the rate of decline in SOL's annual inflation, aiming to achieve a minimum inflation target of 1.5% by 2029 instead of the originally planned 2032, which is expected to reduce the issuance of SOL by about 18.9 million tokens over the next six years, valued at approximately $1.89 billion at current prices. Currently, both proposals have entered the voting phase. The voting rate for SGP-0002 is 16.71%, with a support rate of 16.24%, opposition rate of 0.31%, and abstention rate of 0.16%; the voting rate for SGP-0003 is 13.53%, with a support rate of 13.23%, opposition rate of 0.27%, and abstention rate of 0.03%. Both proposals need to reach a participation rate of 1/3 to pass. If the proposals ultimately receive sufficient support, the Solana network will further optimize its token supply structure by combining reduced new issuance with increased transaction fee burns. Voting is still ongoing, and future progress will depend on participation and support levels.

On August 25, Michael Saylor, founder of Strategy, published a lengthy article titled "Bitcoin Reform: The Decline of Orthodoxy and the Rise of Digital Capital," outlining his views on Bitcoin's evolution from an early network to a global capital system. Saylor believes that Bitcoin is undergoing a critical transformation from the belief of its founding era to a modern capital framework, as the early 'faith-based' approach can no longer support its development as a global digital capital network. He presents the core ideas of 'Bitcoin Reform': Satoshi Nakamoto is a founder, not a prophet; the white paper is a technical foundation, not a final constitution; self-custody is a right, not an obligation; trust should not be completely denied but managed by distinguishing between benign counterparties; and he opposes categorizing exchange-traded products, company equities, and other financial instruments as 'paper Bitcoin.' Saylor predicts that the next phase of Bitcoin will be a transformation into digital capital, targeting markets that encompass hundreds of billions of dollars in global equities, fixed income, gold, and more, as Bitcoin evolves from 'peer-to-peer electronic cash' into digital capital infrastructure.