Solana implements second phase of rent reduction

According to Anza, the second phase of the Solana rent reduction proposal SIMD-0437 is set to take effect on the mainnet at approximately 21:15 UTC during epoch 1033. The cost per byte will decrease from 6333 lamports to 5080, marking a cumulative reduction of about 27% from the initial level. This change will lower the deposit requirements for on-chain storage, such as creating token accounts. There is no fixed schedule for the remaining three steps of the five-phase plan, and the third step will proceed once on-chain state growth is confirmed to be safe. SIMD-0438 serves as a fallback mechanism to revert rent parameters if anomalies occur.