Large volume of SOL staking: whales transferred $174 million to deposit

CodeAuditQueen · 2026-01-12T10:04:11+00:00

A large-scale operation on the Solana network saw a major market player stake 1,173,615 SOL tokens, worth approximately $174.36 million, via the Helius protocol, indicating strong confidence in Solana's long-term prospects.

CodeAuditQueen

2026-01-12 10:04:11

Abstract generation in progress

Blockchain analytics recorded a large-scale operation on the Solana network. One of the major market players locked a significant amount of digital assets in staking through the Helius protocol.

Details of the operation

According to on-chain data, the address accumulated 1,173,615 SOL tokens, which at the current price of $139.89 per token amounted to approximately $174.36 million USD. The scale of this transaction indicates the confidence of a major market participant in the long-term prospects of Solana.

What this means for the network

Such an increase in staked assets by $174 million demonstrates institutional players’ pursuit of yield in the network’s currency. Staking via Helius is one of the most popular methods of delegating tokens among both private and corporate investors.

Events like this often signal positive expectations for the ecosystem’s development, as locking funds for a long period usually indicates a long-term outlook of the market participant.

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