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Solana Genesis Wallets Reactivate, Swap Over 100 SOL

Solomon M. by Solomon M.
October 28, 2025
in Altcoin News
Solana Genesis Wallets Reactivate, Swap Over 100 SOL

Solana Genesis Wallets Reactivate, Swap Over 100 SOL

Key Takeaways:
  • Three inactive Solana wallets swapped 100 SOL for $GHOST tokens.
  • No statements from Solana’s founders or leadership.
  • Event seen as isolated; no broad market impact observed.

Three dormant Solana genesis wallets, idle since 2020, have reactivated to swap over 100 SOL for the privacy token $GHOST, causing community speculation but no official response.

The movement of these early wallets prompts investor curiosity about potential renewed builder interest in Solana’s privacy tools, albeit with no significant market impact observed or noted officially.

Three dormant Solana genesis wallets, inactive for over four years, have reactivated to swap over 100 SOL for the $GHOST privacy token. This activity was flagged by on-chain monitoring accounts, generating curiosity.

The involved parties are unknown, with speculation pointing to early developers or insiders due to the genesis nature of the wallets. No official confirmation on identities yet, as Solana leaders remain silent.

The reactivation of these wallets did not affect broader market trends, given the modest sum traded. The event has prompted discussions within the cryptocurrency community, but without significant market impact. Speculation abounds about the reasons behind the transaction.

The reactivation of these early Solana wallets, after over four years of inactivity, raises questions about who is behind them and what their intentions may be. – Whale Insider, Blockchain Analyst, Independent Account

This event hasn’t influenced the overall financial landscape on Solana, as the traded amount and the involved tokens are relatively minor in the network’s daily trading volume and activity.

No official Solana channels have reported any changes due to these transactions. The lack of official statements and reaction continues to fuel community speculation about potential insider activity.

While the transaction size is small, it highlights potential increased interest in privacy on Solana. Historical trends suggest such wallet reactivations occasionally lead to speculative movements, but the effects are often contained.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

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