Analysis: Over 2.27 million wallets holding between 1 and 100 SOL are inactive
Foresight News reports that Unstoppable Chief Operating Officer Sandy Carter wrote in Forbes that on-chain data analysis shows more than 2.27 million wallets holding between 1 and 100 SOL on the Solana network are idle and have never participated in network activities. In contrast, only about 569,000 wallets within the same holding range are active. Although 67% of the total Solana supply is actively staked, there is a clear participation gap among smaller everyday holders.
The analysis suggests that Solana’s standard staking yield ranges from 5% to 7%, and for small balances, the monthly return is only about $2 to $3. This perception of low returns leads users to be reluctant to participate in network activities. The article points out that the key to solving this problem is not technological improvement, but rather in the design of incentive mechanisms. For example, a “prize-linked savings” model could be used as a reference to redesign reward distribution and increase retail investor participation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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