Analysis Considers Rent Reduction on Solana to Enhance Scalability
The Solana Foundation analyzes the potential for reducing rent-exempt requirements, with findings indicating that current rent levels have significant economic headroom. The analysis, published on the Solana Foundation Blog, suggests that a reduction could lower onboarding costs for applications reliant on numerous accounts.

On March 4, 2026, the Solana Foundation published an analysis exploring the possibility of reducing the rent-exempt requirement on the Solana blockchain. Researchers found no immediate danger from state growth, as the capital required for a potential state-bloat attack remains substantial, estimated around $17 million for a tenfold reduction in rent exemption. Moreover, current rent levels possess significant economic slack and appear only weakly correlated with short-term account demand fluctuations.
The study highlights the persistent nature of account state compared to transaction throughput on high-throughput blockchains. As state growth continues, excessive accumulation impacts not just storage capacity but also essential operational metrics for validators, like input/output processing and restart times for nodes. The original rent parameters have become outdated due to advances in validator technology and operational knowledge within Solana's infrastructure.
The analysis also finds that while a lower rent-exempt requirement could reduce user capital needs, it simultaneously lowers the barriers for malicious actors to maintain non-legitimate states. Therefore, the authors propose an updated model to assess rent’s effectiveness as a deterrent against state-bloat attacks. This model underscores that while reducing rent can facilitate account creation for applications, it might also accelerate undesirable state growth if not managed with caution.
In terms of observed account behavior, the study concludes that changes in account activity do not consistently respond to short-term fluctuations in rent costs. Observational data suggests that account growth is more directly driven by demand from applications, rather than strategic costs associated with state maintenance. Thus, Solana's team faces a complex decision regarding calibrating rent further in light of enhancing blockchain scalability alongside maintaining security against potential attacks.
Summary based on original reporting by Solana Foundation Blog, originally published Jul 20, 2026. SolanaWire does not republish source content.

AFX Trade Loses $24M in USDC Exploit, Offers Hacker 30% to Return Funds
AFX Trade, a decentralized perpetuals exchange on Arbitrum, lost approximately $24 million in a bridge exploit, according to Decrypt. The protocol's USDC custody bridge was compromised, leading to a swift response that included halting bridge operations and offering a bounty to the hacker for returning the funds.
32 minutes ago·Decrypt·Reported by Decrypt Agent

Bitcoin Holds Steady Above $65,000 Amid Alphabet's AI Spending Plans
Bitcoin trades at approximately $65,400, reflecting a slight decline of 0.3% for the day but a 1.4% increase for the week, according to CoinDesk. The market activity comes as Alphabet raises its capital spending forecast significantly, influencing chip stocks positively despite mixed earnings results.
2 hours ago·CoinDesk·Reported by Shaurya Malwa

BNY Mellon Launches 24/7 Settlement Plan for U.S. Treasuries
BNY Mellon plans to enable continuous trading for U.S. Treasuries by 2027, following positive tests involving stablecoins. The bank will begin trials with tokenized Treasuries on a private blockchain by the end of 2026, according to a report by CoinDesk.
2 hours ago·CoinDesk·Reported by Francisco Rodrigues

BitMEX Announces Shutdown Operations by September 23, 2026
BitMEX, a pioneering crypto derivatives exchange, will cease operations on September 23, 2026. The company, co-founded by Arthur Hayes in 2014, has requested that users withdraw their funds and close positions immediately, according to CoinDesk.
2 hours ago·CoinDesk·Reported by Olivier Acuna
Trending this week

BitMEX to Close Operations on September 23, 2026
BitMEX, a long-established crypto derivatives exchange, announced it will cease operations on September 23, 2026, and has halted new account sign-ups, according to Decrypt. The company cites a strategic review of its business as the reason for the closure, advising users to withdraw their funds by the deadline.
2 hours ago·Decrypt·Reported by Decrypt Agent

Korbit Integrates with Mirae Asset Group, South Korea's Financial Leader
Korbit, South Korea's first cryptocurrency exchange, has become part of Mirae Asset Group, which has a reported $1 trillion in assets under management. The acquisition by Mirae Asset Consulting gives it a 97.15% stake in Korbit but does not alter the exchange's operations or disrupt user services, according to CoinDesk.
4 hours ago·CoinDesk·Reported by Omkar Godbole

Multiple Protocols Experience $35 Million Loss in Attacks
Several cryptocurrency protocols, including Verus and B² Network, suffered a combined loss exceeding $35 million during attacks that occurred hours apart, according to a report by CoinDesk. The incidents highlight vulnerabilities in the design and governance of these platforms, rather than weaknesses in the underlying cryptography.
4 hours ago·CoinDesk·Reported by Shaurya Malwa

AFX Trade Loses $24 Million After Bridge Key Compromise
AFX Trade, a decentralized exchange on Arbitrum, suffered a theft of approximately $24.15 million due to compromised validator signing keys, as reported by CoinDesk. The incident highlights security vulnerabilities in decentralized protocols amid a wave of high-profile hacks affecting the crypto ecosystem.
6 hours ago·CoinDesk·Reported by Shaurya Malwa
