News analysis
Helius adds encrypted Solana transfers while operator trust stays in place, CryptoSlate reports
· By MyCryptoSignal Editorial · 322 words
CryptoSlate reports that Helius has introduced encrypted transfers on Solana, with its default Privacy Rings prover keeping secret inputs inside an AWS enclave. Wallets still approve the code and the policies behind that protection, so operator trust is not removed. The report describes encryption that leaves a trusted party inside the loop.
According to CryptoSlate, the Privacy Rings prover is the default option and runs inside an AWS enclave to shield secret inputs. The source says wallets approve the code and the policies behind that protection, which keeps the operator within the trust model rather than designing it out. CryptoSlate published the piece on 12 November 2026.
The summary does not say which wallets have integrated the prover, how many transfers have used it, or how the enclave's attestation is handled. It also gives no timeline for any change to that trust arrangement.
Solana traded at $79.44 as of 17:17 UTC, down 2.11% over 24 hours, according to our collected data. The token has given back 12.20% over seven days and 23.39% over 30 days. Its 24-hour range ran from $78.10 to $82.16, with an RSI14 reading of 35.1 and a down trend. Support sits at $77.99 and resistance at $80.64.
The wider market also slipped. Total capitalisation stood at $2.18 trillion, down 3.39% over 24 hours, with Bitcoin dominance at 63.2%. Bitcoin traded at $68,575, down 4.27% over the same window, a larger 24-hour decline than Solana's. These figures come from a 30-minute collection schedule and reflect the 17:17 UTC snapshot.
The source's point is about where trust sits, not whether encryption works. Solana's price sits close to its stated support of $77.99, with RSI at 35.1, while the broader market is down 3.39% over 24 hours. Those numbers frame the backdrop against which a privacy feature on Solana is being described, without settling how wallets will handle the approval step.
Read the full story at CryptoSlate: https://cryptoslate.com/helius-encrypts-solana-transfers-without-removing-operator-trust
Data, not advice.
Source: CryptoSlate — see our editorial policy.