Solana Staking Rate Hits 68.8% All-Time High; Reduced Circulating Supply May Support SOL Price

Solana Staking Rate Hits 68.8% All-Time High; Reduced Circulating Supply May Support SOL Price

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News Editor 01
2026-07-23 15:30:16
Solana's staking rate reached 68.8% on Jan 20, a new record, locking over two-thirds of SOL. While this boosts network security and tightens supply, SOL price has dropped from $300 to $130. The impact on price remains to be seen.
Solanastaking rateall-time highcirculating supplySOL price

According to real-time data from crypto data platform Blockworks, the staking rate of the Solana (SOL) network climbed to approximately 68.8% on January 20, 2026, a new all-time high. This means over two-thirds of all SOL tokens are now locked in staking mechanisms to help secure and validate the network.

Looking back, Solana's staking rate has steadily risen since mid-2025, when it first crossed the 60% threshold. The increase has been driven by improved network stability, a thriving DeFi and meme coin ecosystem, and the growing popularity of liquid staking solutions.

What High Staking Means for the Network

The record staking rate signals strong confidence from the community and investors in Solana's long-term prospects. More holders are choosing to stake SOL for stable on-chain yields, creating a positive feedback loop that enhances network security and economic incentives.

High staking has several ripple effects. First, it raises the cost for attackers to amass enough tokens for a 51% attack, strengthening security. Second, the reduced circulating supply could create a supply shock, providing a floor for SOL's price. However, some analysts caution that extremely high staking rates may introduce governance challenges, such as decreasing validator decentralization.

SOL Price Halved from Peak

CoinGecko data shows that during the past crypto bull run, SOL briefly approached $300. But after a broader market correction, SOL has fallen back to around $130. While the staking milestone is bullish, whether it will translate into price appreciation remains uncertain.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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