Yes

>>Following a recent governance proposal, Solana validators are now eligible to receive 100% of the priority fees.

Following a recent governance proposal, Solana validators are now eligible to receive 100% of the priority fees.

crypthub

1/24/2025, 11:47:23 AM

Solana Validators to Benefit from Priority Fee Access

Solana validators have been granted complete access to all priority fees generated on the network following the successful passage of a governance proposal. The proposal, which received a staggering 77% approval rate, allows validators to keep all priority fees, up from half they previously received. This change aims to incentivize validators to prioritize network security and functionality.

Implications of Priority Fee Allocation

The new system raises concerns about potential unethical practices by validators, such as accepting extra payments for prioritizing transactions. While the goal is transparency and eradication of side deals, some validators like Laine express worry over increased inflation due to the complete fee allocation. They argue that the existing system, with its fee halving, already has opacity issues.

Solana's Potential for a Spot ETF

Crypto expert Brian Kelly sees Solana as a strong contender for a spot exchange-traded fund (ETF) in the U.S., positioning it alongside Bitcoin and Ethereum as a top candidate in the current market. However, Nate Geraci, president of The ETF Store, remains skeptical about immediate prospects for a Solana ETF, citing the need for a readily available futures product or clearer regulatory frameworks beyond Bitcoin and Ethereum.