Helius has launched Solana Privacy Rings, a permissionless privacy protocol with execution and settlement on Solana. Through APIs, it allows developers to add privacy features to new and existing applications, including private payments, decentralized finance and compliant business use cases. The protocol relies on programmable shielded pools and encrypted on-chain balances. Meanwhile, SOL fell 4.03% in 24 hours and 11.2% over seven days, trading at $82.70 when the article was published. After approaching $125 in late September, it has recorded a 33.95% correction and a bearish technical structure, with a daily close below $77.40 further undermining the rebound scenario.
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