At #solana Breakpoint, Anza VP Brennan Watt introduced SIMD‑0389, a proposal that would cut the rent cost for creating a new account by about ten‑fold—and potentially up to a hundred‑fold. The aim is to release billions of $SOL locked in dormant rent, making on‑chain storage dramatically cheaper for developers while preserving network security. Rent is the storage fee accounts must maintain to stay alive on the blockchain. By dropping the required minimum balance, the plan could free up a large amount of idle SOL and spur wider adoption without weakening the security throttling that safeguards the network.