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Solana launches Privacy Rings for encrypted token transfers with visible addresses

Protocol Fundamentals
10 Nov 2026, 17:08 WIB
Crypto Briefing
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Bullish
Solana launches Privacy Rings for encrypted token transfers with visible addresses

Solana has introduced Privacy Rings on its mainnet, enabling encrypted token amounts and balances while keeping sender and recipient addresses visible. This feature uses zero-knowledge proofs to verify transactions without revealing amounts, supporting SOL, SPL, and Token-2022 tokens. The system is self-custodial and open to developers via APIs, with audits completed and formal verification expected by the end of 2026. Upcoming enterprise versions will allow customizable privacy and compliance settings, aiming to enhance private DeFi and institutional use cases on Solana.

Solana Privacy Rings' launch is noted here alongside Pluang's market snapshot as of Nov 10, 2026 21:51 WIB: out of 50 major cryptocurrencies, 14 rose and 35 fell today. Notable movers include ONE (Harmony) with a 15.73% increase and a typical hold time of 153 days, BAL (Balancer) up 11.14% with an 85-day hold, and EOS (EOS.IO) rising 8.13% with an 87-day hold.

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