A major holder has locked over one million SOL as collateral.

digital_archaeologist · 2026-01-20T18:03:40+00:00

An anonymous market participant has transferred a significant amount of Solana (1,173,615 SOL, worth approximately $174.36 million) for long-term staking, indicating institutional confidence in the network's future. This move, facilitated by Helius, reflects a positive trend for Solana's ecosystem as it blocks coins from short-term trading.

digital_archaeologist

2026-01-20 18:03:40

Abstract generation in progress

The market news was shared by the analytical platform ChainCatcher: an unknown market participant is transferring significant volumes of Solana under long-term collateral conditions. Specifically, the account received 1,173,615 SOL through the Helius infrastructure, which at the current price of $126.66 per coin amounts to approximately $174.36 million USD.

Such a collateral volume signals a high level of trust from a major player in the prospects of the Solana network. The attraction of large-scale capital into staking mechanisms is viewed as a positive indicator for the ecosystem, as it locks coins from active trading at short-term prices.

Helius, which serves as the technical backbone for this operation, continues to strengthen its position as one of the key infrastructure providers for Solana. The scale of the operation demonstrates institutional players’ readiness for long-term investments in the network’s development.

SOL-0,88%

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