Helius has introduced Privacy Rings on the Solana mainnet, enabling users to transfer supported tokens while concealing the asset type and amount. This permissionless protocol works with SOL, SPL assets, and Token-2022 tokens by allowing deposits into a private pool before sending to any Solana wallet and returning funds to a public balance. Transactions are executed and settled on Solana's mainnet, with wallet addresses remaining visible but transfer details encrypted. Developers can integrate this feature via API or SDK, with partners like Jupiter, Backpack, and DFlow already adopting it. Helius is also developing Custom Rings, a permissioned version for institutions with enhanced features like selective disclosure and KYC, expected to launch soon after audit completion.
Helius' introduction of Privacy Rings on the Solana mainnet comes as the broader cryptocurrency market on Pluang shows a breadth of 9 gainers against 40 decliners among 50 major cryptocurrencies as of Nov 11, 2026 20:42 WIB. Notable price movements include BAL (Balancer) rising 11.14% to Rp16.297, SXP (Solar) dropping 46.27% to Rp37, and ONE (Harmony) falling 14.86% to Rp28 with a typical hold time of 153 days and a Pluang order activity skewed 73% Sell to 27% Buy.
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