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Morning Edition · Sunday, September 6, 2026Published at 2:01 AM EDT · New York
Solana Starts a Five-Step Cut That Would Reduce Account Deposits by 90%
The first gate took the storage constant down 9% on mainnet on 3 September, and the remaining steps wait for a client release expected in November.
Solana has begun reducing the deposit that users lock up to keep an account alive on the network. Under the proposal known as SIMD-0437, the constant that sets the deposit per byte falls from 6,960 to 696, a 90% reduction delivered through…
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