Eligible Solana token-account owners can reclaim excess SOL previously needed to keep their token accounts open after the network's first rent reduction went live Sept. 3. For businesses funding new accounts, the same change lowers the upfront capital required to create them.The full plan would change how account growth translates into SOL held against storage. If Solana completes its proposed 90% reduction, total persistent account state, including each account's storage overhead, would have to grow tenfold to require the same minimum SOL reserves as before the rollout. Adoption could expand substantially while the minimum SOL needed for this reserve channel falls.The Solana Foundation's tracker confirms that only the first reduction, approximately 9%, is live on mainnet. The tenfold comparison applies to the conditional final target, while the initial cut already lowers reserve requirements.Solana rent reduction and the 10× hurdleSolana's “rent” is a balance held against account storage. It is generally recoverable when an account closes, rather than an ongoing bill paid to validators. Reducing the required balance lets new accounts begin with less SOL and can leave existing acco...
Solana’s plan to cut account deposits by 90% could weaken a reason to hold SOL
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