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Solana Account Rent Cut Phase 2 Goes Live, Lamports Down 27%

Anza said the second phase of Solana’s account rent reduction proposal SIMD-0437 went live on mainnet beta. At epoch 1033, the per-byte parameter used to calculate the minimum rent-exempt account balance fell from 6,333 lamports to 5,080 lamports, a cumulative drop of about 27% from the initial level, lowering the SOL balance accounts must hold to stay rent-exempt. Users with the relevant authority can reclaim excess SOL via the WithdrawExcessLamports instruction without closing accounts or affecting token balances.

Original source

AI take

Rent-exempt minimums are a structural cost of holding state on Solana, so trimming them lowers the capital overhead for wallets, token accounts and programs alike — a quiet but broad reduction in the cost of using the chain. The reclaim instruction matters more than the headline cut: it lets existing holders recover locked SOL without closing accounts, which could free up balances that were effectively idle. Whether that reclaimed capital stays on-chain or leaves is the open question, as is how much further the parameter can fall without changing the economics of state bloat.

Generated by AI for reference only.

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