Solana Enhances On-Chain Privacy With New Zero-Knowledge Token Transfer Feature
Solana has launched Confidential Balances, a feature designed to bolster privacy for on-chain transactions while preserving the platform's speed.
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Solana has launched Confidential Balances, a feature designed to bolster privacy for on-chain transactions while preserving the platform's speed.
A major whale recently offloaded a substantial amount of their holdings, causing Solana to see a lot of movement in the last few hours. Only 30 minutes ago, a wallet that had previously contained 1.32 million SOL, or roughly $192 million, sold 100,000 SOL, or roughly $10.7 million.
The crypto market resumed its downward trajectory after a brief recovery on Tuesday. Bitcoin (BTC) and other cryptocurrencies crashed on Monday thanks to tariff-induced uncertainties but recovered on Tuesday.
Popular meme coin launchpad Pumpfun has sold $8.85 million worth of Solana (SOL) tokens. The sale coincides with Solana whales dumping the asset amid a 17% weekly decline.
Solana has presented Confidential Balances to enhance privacy and secure transaction details. The new system comes with several benefits such as users can convert public token balances into a confidential state and transfer them privately.
Janover Inc., a fintech firm that made a name for itself by connecting real estate borrowers with lenders, has successfully raised $42M through convertible bonds to fund its Solana treasury strategy. This treasury strategy will position Janover among the few publicly traded firms that integrate crypto into their plan.
"TD Sequential flashes buy signal on the Solana weekly chart," Ali Martinez estimated.
TL;DR Enhanced On-Chain Privacy: Solana introduces ZK-powered Confidential Balances on the mainnet, ensuring that token balances and transfers remain private. Robust Cryptographic Methods: The upgrade leverages zero-knowledge proofs and ElGamal encryption to secure encrypted balances.
As tax season comes to a close, many Americans are still eligible to claim up to $1,400 via the IRS stimulus check, courtesy of the Recovery Rebate Credit.
Amid the market correction, Solana (SOL) has reclaimed the $100 mark after dropping below this crucial support for the first time in over a year. However, some analysts consider a 15% bounce toward a key historical support is necessary to target higher levels.
The crypto market has entered a full-blown acceptance phase — where hope turns to realism, and traders adjust to the weight of macroeconomic and structural pressures. Bitcoin, XRP, and Solana are all deep in correction territory, testing critical support levels as market participants stop hoping for quick rebounds and begin pricing in a sustained period of volatility.
This new feature is designed to meet the growing demand for privacy in the digital asset space. It does so without compromising the speed and efficiency that Solana is known for.
Solana price struggles near $105 as whale sell-offs and Trump tariff concerns outweigh new privacy features, threatening a drop to $80.
Solana has seen intense selling pressure from both whales and retail investors over the past month, but analysts still expect a price bounce.
Crypto assets are facing turbulence amid the ongoing trade war between the US and China. Solana (SOL) has been among the worst-hit altcoins amid macroeconomic fears, with its price dropping by 15% in just seven days.
Solana (SOL) is once again under pressure from whales receiving unlocked or un-staked SOL. In the past day, whales sold up to $16M in SOL, while Pump.fun sent two transactions for $18.6M to Kraken.
Solana (SOL) saw a dramatic surge in trading volume, exceeding 12 million SOL in just 24 hours the highest in the past 30 days. This spike reflects a potential shift in trader sentiment and market positioning, possibly signaling a local bottom for the cryptocurrency.
More firms jumped on the SOL treasury strategy - Can it reverse the altcoin's losses?
XRP, Solana, and Cardano have each experienced a roughly 6% price decline amid broader macroeconomic pressures
After facing a rejection from the highs close to $300, the Solana price plunged and reached the lower ascending support. Unfortunately, the latest drop triggered by Trump's Liberation Day dragged the Solana price below the support it held throughout 2024. The major support range remains in play, which keeps the bullish hopes alive.
M^0 has expanded its stablecoin platform to Solana, enabling developers to launch programmable stablecoins.
Solana has announced a new privacy-enhancing feature for its blockchain called Confidential Balances.
M^0, an EVM protocol for stablecoin coordination, has expanded to Solana, the team told Lightspeed exclusively.
Colossal Biosciences, a Dallas-based biotech firm, claims to have revived the dire wolf using ancient DNA and gene-editing technology.