Bitwise's Onchain Solutions Validator Posts 1.27 Million SOL of Net Staking Inflows in August, Most This Year
JH Kim
Summary
- Bitwise's Onchain Solutions validator posted 1.27 million SOL of net staking inflows in August, the largest monthly total this year.
- Cointelegraph reported that the 1.27 million SOL in net staking inflows in August was based on its tally.
- As staking inflows increased, Onchain Solutions became the fifth-largest validator on the Solana network.
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Bitwise's Onchain Solutions validator posted 1.27 million SOL of net staking inflows in August, the biggest monthly total this year.
Cointelegraph reported on September 1 that net staking inflows to the Onchain Solutions validator totaled 1.27 million SOL in August.
The increase in staking inflows lifted Onchain Solutions to become the fifth-largest validator on the Solana network.
Validators participate in verifying transactions and operating the network using Solana delegated by users.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.