Trader stakes $0.05 of SOL for 3,000 years: Here’s what it’ll be worth in 5138
The chief investment officer at Kronos Research says the staker could be showing their long-term confidence in Solana, while others say it’s just a silly meme trade.
A crypto user has gone very long on Solana, staking a very small portion of the token for the next 3,000 years, according to blockchain analytics firm Arkham Intelligence.
The unknown user staked $0.05 Solana (SOL) in 2023, and it will unlock in the year 5138, Arkham said in an April 5 post to X.
Speaking to Cointelegraph, Vincent Liu, chief investment officer at Kronos Research, said the move was likely a symbolic act reflecting a strong belief and conviction in Solana’s long-term ecosystem.
Read more
If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.
If you want to read more News articles, you can visit our General category.