Cryptocurrency trader staked Solana cryptocurrency for 3000 years

An unknown crypto user has made an unusual and symbolic financial transaction — the trader has frozen $ 0.05 in Solana tokens SOL $105.84 Binance-Peg SOL -7.48% Market capitalization $0.12 billion VOL. 24 hours $1.51 billion for 3,000 years. This was reported by the analytical company Arkham Intelligence on April 5. The staking took place back in 2023, and the assets are scheduled to be unlocked in the distant future — in 5138.

Despite the meager amount, analysts believe this step is not accidental. According to Vincent Liu, investment director at Kronos Research, this action is a demonstration of faith in the long-term development of the Solana ecosystem. He emphasized that «the real advantage in crypto is not chasing hype, but strategic thinking in the long run.»

Taking into account compound interest, even a slight increase in the value of an asset in the range of 2−5% per year for 3,000 years could yield a hypothetical amount with more than 36 zeros. Moreover, the reward for staking in the Solana network is credited every 2−3 days, which significantly enhances the compounding effect.

The community reaction was mixed. Some users of X (formerly Twitter) suggested that it was an attempt to create «generational wealth,» while others thought it was just a joke or a «meme trade.» Komodo’s chief technology officer Kadan Stadelman also characterized it as a symbolic action, which, however, will remain on the Solana blockchain forever.