Solana Governance Approves Supply Cut After Kraken, Galaxy Vote Flip

By Michael FawnA contentious Solana governance proposal for a Solana supply cut has officially passed, significantly reducing future token issuance after a last-minute vote shift. The vote for Solana Governance Proposal (SGP-0002), which concluded on August 28, 2026, marks the first major on-chain policy decision for the network.The proposal was accepted with 176.29 million SOL staked in favor and 66.19 million SOL against. The result provides a community mandate to double the network’s an