Analysis: Over 2.27 Million Wallets Holding 1 to 100 SOL Are in Idle State

CoinNetwork · 2026-03-23T12:01:15+00:00

Unstoppable COO Sandy Carter pointed out in Forbes that over 2.27 million wallets holding 1 to 100 SOL in the Solana network are inactive, with only approximately 569,000 active wallets. Although 67% of total supply is actively staked, low returns discourage small holders from participating. Improvements need to focus on incentive structure design.

CoinNetwork

2026-03-23 12:01:15

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CoinWorld reports that Sandy Carter, Chief Operating Officer of Unstoppable, wrote in Forbes that on-chain data analysis shows over 2.27 million wallets holding 1 to 100 SOL in the Solana network are inactive and have never participated in network activity. In comparison, only about 569,000 wallets within the same holding range are active. Although 67% of Solana’s total supply is actively staked, there is a clear participation gap among small holders. Analysis suggests that Solana’s standard staking yield is 5% to 7%, which translates to only about $2 to $3 per month for small balances. This low return perception discourages users from engaging in network activities. The article points out that solving this issue is not about technological improvements but about designing incentive structures, such as referencing the “bonus-linked savings” model to redesign reward distribution and increase retail participation.

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