Marinade Finance reported early today that Solana nearly stalled after a routing failure at infrastructure provider Teraswitch knocked 28.83% of staked SOL offline. The number sat just below the 33.34% threshold that could trigger a chain-wide standstill. The incident affected 90 validators and cost roughly 333 SOL in rewards. A faulty route from a Miami node spread to Europe and Asia-Pacific, leaving 12 nodes (LON1, AMS1-3, DUB1-2, FRA2, SGP1-2, TYO1-3) without valid routes. North America was unaffected and the problem was fixed within 10 minutes. Marinade also flagged concentration risk around AS20326, an ASN that hosts more than a quarter of all staked SOL. During the failure, 94% of its stake went offline at once, equal to 27.34% of total staked SOL and above SFDP's 25% cap. The second-largest validator, Helius, stayed offline for 33 minutes, with only a few nodes achieving clean failover. Marinade said it will review its staking concentration ceiling and push validators to publicly disclose failover capabilities.

Solana is trading at $75.06, down 1.22% on the day, as the token sits just above its 50-day exponential moving average after retreating from a late-August spike near $90. Decrypt said the broader market backdrop remains soft, with Bitcoin stuck between roughly $62,000 support and $67,000 resistance and Ethereum pulling back to the $1,825-$1,850 area after failing to hold higher levels. That weakness in the two largest crypto assets is limiting how far any rebound in SOL can run. Two potential catalysts are in focus. The first is Solana’s planned Alpenglow consensus upgrade, which is intended to reduce finality to 100-150 milliseconds. It has entered community validator testing and is targeted for mainnet activation in August, though the date is still a target rather than a fixed event. The second is SGP-0003, a tokenomics proposal that combines SIMD-0553 and SIMD-0550 to tighten supply. According to the report, the changes could lift daily SOL burns from about 650 SOL to 7,500-9,000 SOL and bring forward the 1.5% inflation floor from 2032 to 2029. On the chart, RSI sits at 50.5 and ADX at 11.9, pointing to neutral momentum and weak trend strength. Decrypt framed the setup as a bounce within a downtrend, not a confirmed reversal, with $77.50, $85, $72, $70.58, and roughly $65 acting as key levels.

Solana's governance proposal SGP-0003 has cleared the required 15% support threshold and officially advanced to the discussion phase, setting the stage for a formal governance vote. Techub News reported, citing Cointelegraph, that the proposal reached the necessary support level and has now entered the community discussion phase. This milestone is a key step in Solana's on-chain governance process. During the discussion phase, community members will deliberate on the proposal before the formal vote takes place. That vote will ultimately determine whether SGP-0003 is implemented on-chain. The proposal is now moving through the governance pipeline, with the next stage being the official vote. The final outcome will be decided by the community in the upcoming ballot.

Solana validators are nearing a key threshold for SGP-0003, a governance package that combines two previously introduced Solana Improvement Documents aimed at tightening SOL supply. One part, SIMD-0553, would introduce resource-based transaction fees and raise daily SOL burns from about 650 SOL to roughly 7,500-9,000 SOL, depending on network activity. The other, SIMD-0550, would double the network’s annual disinflation rate to 30% and bring Solana’s 1.5% inflation floor forward from 2032 to 2029. As of Tuesday morning, the proposal had backing from 63 million SOL, or just over 14.4% of the network’s staked supply, leaving about 3 million SOL short of the 65.16 million SOL threshold ahead of the Aug. 18 deadline. The proposal still needs to pass through a discussion phase and then a formal validator vote if it secures enough support. Decrypt also noted that higher burns alone would not make SOL deflationary, as Solana is currently issuing about 60,000 SOL per day. At publication, SOL was trading around $74 with a market capitalization of about $43 billion.

Solana’s dual-deflation proposal, SGP-0002, has moved into the support phase, according to Odaily. To advance to a full governance vote, the proposal must secure 10% of active stake, equal to 43.27 million SOL. Current support stands at 27.19 million SOL, or 41.9% of that threshold. The proposal would raise Solana’s annual deflation rate from 15% to 30%. If approved, that change would shorten the time needed to reach the network’s terminal inflation rate of 1.5% from about 5.7 years to about 2.8 years. It would also reduce SOL issuance by about 18.9 million tokens over six years. The update marks a procedural step rather than final approval, with the proposal still needing to meet the active stake requirement before moving into the broader governance voting stage.

Solana’s proposal SGP-0003, described as a “resource and inclusion fee” proposal, has entered the support stage, according to SolanaFloor, as cited by ChainCatcher. If the proposal secures support from 15% of active stake, it will move on to a full governance vote. If implemented, the proposal is expected to raise the amount of SOL burned each day from the current 650 SOL, valued at about $51,000, to as much as 9,000 SOL, or about $702,000.

WuBlockchain’s July technology report mapped a broad set of protocol developments across Bitcoin, Ethereum, Solana, BNB Chain, Zcash, NEAR, Cardano, Uniswap and Sui. On Bitcoin, Bitcoin Core v31.1 was released on July 8, 2026 with bug fixes tied to chainstate disk rewrites and an IP leak linked to the -privatebroadcast feature, while BIP-110 turned into a governance flashpoint as miner signaling stayed far below the 55% threshold. On Ethereum, the Glamsterdam upgrade moved into its final integration and performance-testing phase, Hegota remained in proposal-scope selection, and Vitalik Buterin published new pieces on Lean Ethereum, validator-state compression and privacy. The report also covered Ethereum proposals including Native UTXOs on Ethereum and EIP-8222, along with Starknet’s STRK20 privacy framework and Polygon’s Ithaca hard fork schedule. Elsewhere, Solana advanced Agave v4.2, launched Solana Governance Proposals and prepared SIMD-0286 to raise the single-block compute cap, while Zcash activated Ironwood NU6.3 on mainnet and introduced Zakura 1.0.0 as a new full-node client.

Solana Foundation launches SGP, allowing validators to vote on core protocol decisions with stake-weighted governance. Alpenglow aims to slash confirmation times from 12.8s to 150ms and remove Proof of History.