FeesSafety
Pluang+

Solflare pauses SOL staking rewards after validator key loss, assures user funds safe and plans compensation.

Market News
29 Oct 2026, 09:00 WIB
AMBCrypto
View Source
Bearish
Solflare pauses SOL staking rewards after validator key loss, assures user funds safe and plans compensation.

Solflare, a Solana-based wallet, has paused SOL staking rewards after its staking provider lost keys to its validators. The team confirmed that users' delegated SOL remains secure as the stake is controlled by users' own keys, not the validator's. Solflare plans to add a new validator and will offer compensation to users who migrate their stake, all managed within the app. This incident highlights ongoing security risks in crypto staking infrastructure amid rising attacks, while SOL staking demand has weakened recently, putting downward pressure on SOL's price.

As of Oct 29, 2026 13:21 WIB, SOL trades at Rp1.823.264 on Pluang, down 1.69% in one day. Despite the recent halt in staking rewards by Solflare, SOL's market cap remains substantial at Rp1.072,91 trillion, with a 24-hour trading volume of Rp52,54 trillion. Pluang users show a buying preference with 64% buy orders versus 36% sell, and the typical hold time is 72 days, indicating a moderate-term interest in SOL amid current challenges.

More News (SOL)

A large holder sold 1.02 million Solana tokens worth $104 million in five days

A large holder sold 1.02 million Solana tokens worth $104 million in five days

Over a period of five days, a major holder sold 1.02 million Solana (SOL) tokens, with a total value of approximately $104 million. This significant sale could impact the Solana market by increasing supply and potentially affecting prices. Investors ...

Market News
Neutral
4 hours ago
Whale sells 1.02 million Solana tokens worth $104.3M over five days

Whale sells 1.02 million Solana tokens worth $104.3M over five days

An unidentified large investor, known as a whale, sold 1.02 million Solana (SOL) tokens over a span of five days. The total value of these sales was approximately $104.3 million. This significant sell-off could impact Solana's market price and indica...

Market News
Bearish
4 hours ago
ZEC spot ETFs see $2.07M inflows while SOL ETFs face $5.66M outflows on Oct 28, 2026.

ZEC spot ETFs see $2.07M inflows while SOL ETFs face $5.66M outflows on Oct 28, 2026.

On October 28, 2026, Zcash (ZEC) spot ETFs attracted $2.07 million in net inflows, continuing a seven-day inflow streak. In contrast, Solana (SOL) spot ETFs experienced $5.66 million in net outflows, marking three consecutive days of withdrawals prim...

Market News
Neutral
6 hours ago
Solana (SOL) price dips below $100, down 1.55% in 24 hours.

Solana (SOL) price dips below $100, down 1.55% in 24 hours.

Solana (SOL) traded at $99.99 as of 9:59 p.m. ET Wednesday, marking a 1.55% decline over the previous 24 hours. This drop places the cryptocurrency just below the significant $100 price level, which could be a psychological barrier for investors. The...

Market News
Bearish
8 hours ago
Solana launches programmable conference badge for Breakpoint 2026 with apps, quests, and rewards

Solana launches programmable conference badge for Breakpoint 2026 with apps, quests, and rewards

Solana introduced the BP Badge, a programmable hardware device for attendees at Breakpoint 2026 in London. The badge lets users build apps, complete quests, trade digital cards, and earn rewards using a game currency called !LAMPs. It runs on an ESP3...

Protocol Fundamentals
Bullish
11 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App