Solana introduces a formal on-chain governance system: a new stage of network decentralization
On July 2, 2025, the Solana ecosystem took a significant step toward strengthening decentralization by launching a formal on-chain governance system called Solana Governance Proposals (SGP). Now, key decisions regarding network development will be made through transparent voting recorded on the blockchain.
Key Parameters of the New System
Only validators with at least 100,000 SOL staked—equivalent to approximately $7.7 million at current market rates—are eligible to submit proposals. This threshold ensures serious filtering and guarantees that initiatives come from participants with real weight in the network.
The voting process is built on multi-layered protection against low-quality or malicious decisions. Before an initiative reaches the final vote, it must receive support from at least 15% of the total active stake. This is the so-called "support quorum," which prevents empty or ill-conceived proposals.
Final decisions require a two-thirds majority vote. This high consensus threshold makes the system resistant to manipulation attempts by large holders. Additionally, delegators—users who have transferred their coins to validators—gain flexible control tools: they can either override their validator's vote or participate in voting directly, bypassing intermediaries.
Analytical Perspective
The implementation of SGP is not just a technical upgrade but a strategic move that strengthens trust in Solana as a mature decentralized platform. Previously, network governance was largely informal, creating risks for long-term investors. Now, we see clear rules of the game where every vote carries weight and decisions are made based on mathematically calibrated thresholds. This enhances SOL's appeal to institutional participants who value transparency and predictability.