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Decrypt adds confidential transfers on Solana using Privacy Rings for private on-chain transactions.

Protocol Fundamentals
11 Nov 2026, 05:58 WIB
The Currency Analytics
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Bullish
Decrypt adds confidential transfers on Solana using Privacy Rings for private on-chain transactions.

Decrypt has integrated Solana Privacy Rings, developed by Helius, into its Money Account to enable confidential transfers on the Solana blockchain. This technology uses zero-knowledge proofs to hide transaction amounts while maintaining compliance and security, allowing users to send funds without exposing details on the public ledger. The feature currently applies only to transfers but lays the groundwork for future private swaps, lending, and yield applications. Decrypt aims to enhance user privacy and ease of use in on-chain finance, positioning itself as a neobank-like platform without seed phrases or gas fees.

Solana (SOL) trades at Rp1.497.504 on Pluang, down 3.48% in the last day as of Nov 11, 2026 11:21 WIB. The platform sees a balanced order activity with 41% selling and 59% buying, and typical holders keep SOL for about 72 days. This activity context highlights user engagement with Solana as Decrypt introduces confidential transfer features on its blockchain.

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