Solflare validator stops earning after provider key incident; stakers told to migrate by Nov 1
About 1.56M SOL was delegated to the old validator. Solflare says staked SOL was not touched and will pay missed rewards to users who move to its new validator by 1 November.
· Effective · Verified 2026-10-30 via official announcement
Effective Oct 27, 2026: Solflare validator stops earning after provider key incident; stakers told to migrate by Nov 1. Affects: Anyone who natively staked SOL to the Solflare validator, now labelled Solflare (Legacy) in the app. Source: x.com, verified Oct 30, 2026. If this rules Solflare out, our top-listed alternative is Backpack (0% round trip).
Official site: backpack.app
Solflare said on 27 October 2026 that the outside company running its Solana staking validator had reported a security incident affecting the keys it holds for that validator, and that the validator had stopped producing rewards. On 28 October Solflare launched a replacement validator, and it later said users who move their stake from Solflare (Legacy) to the new validator by 1 November will be compensated for rewards missed since 26 October.
Solflare has not named the provider, said when the incident occurred or explained how the keys were affected. It says delegated SOL stays in each user's own stake account, controlled by the user's keys, that the Solana protocol does not let a validator or anyone holding its keys move it, and that no user funds were touched. Stakewiz data cited by CoinDesk showed about 1.56 million SOL, roughly $160 million, still delegated to the old validator on 28 October, with the validator marked delinquent.
Stake on the old validator earns nothing until it is moved. Users can unstake from Solflare (Legacy) with a regular unstake and then stake on the new validator, or use the in-app migration. Because Solana stake changes take effect at the end of each epoch of about two days, the switch can take several days. Solflare says compensation will be paid to wallets automatically during November; it has not published how the amount is calculated.
Solflare says migration happens only inside its app and that it will never send direct messages or links about it. It describes the incident as being on the staking provider's side, not in the Solflare wallet.
“Move your stake from Solflare (Legacy) to the new Solflare validator by November 1 and you'll receive compensation for staking rewards missed since October 26. It will be paid to your wallet automatically during November.”
— Solflare on X
Who this affects
Anyone who natively staked SOL to the Solflare validator, now labelled Solflare (Legacy) in the app. Other Solflare wallet features were not reported affected.
Solflare at a glance
Solflare is a self-custodial Solana wallet with in-wallet swaps (Jupiter-routed), limit orders, SOL staking, perps on Phoenix, a Bridge deposit feature for funds from Bitcoin, Ethereum and other chains, and a USDC debit card. Its in-wallet swap fee percentage is not published on its official pages.
Official site: solflare.com
More from the newsroom
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Solflare on X - staking provider security incident affecting validator keys; validator not producing rewards (2026-10-27 23:26 UTC) — checked 2026-10-30
- Solflare on X - the new Solflare validator is live; missed rewards will be covered (2026-10-28 17:56 UTC) — checked 2026-10-30
- Solflare on X - migrate by November 1 for compensation of rewards missed since October 26, paid during November (2026-10-29) — checked 2026-10-30
- CoinDesk - Solana wallet Solflare pledges to pay missed rewards on staked $160 million after validator goes offline (2026-10-29) — checked 2026-10-30
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