Solana ($SOL) A trader turned just $8.50 into $9,928 by buying and staking meme coin BELIEF, securing a 1,169x return highlighting the ferocity of risk-taking on the network.
This guy turned $8.5 into $9,928, a return of 1,169x.
Truly a legend! 🤯
Trader 7Be6hv spent 0.1 $SOLBuy 6,636 $BELIEF at ($8.5), Stake and Win 25.06 $SOL($2,160) and 2.9 million $BELIEF (currently $7,768) in staking rewards.
By purchasing and staking $BELIEF, he earned $8.5… pic.twitter.com/Erxmoy88RE
— Lookonchain (@lookonchain) April 16, 2026
According to on-chain tracker Lookonchain, the wallet labeled “7Be6hv” spent $0.1. $SOL Before compounding your position through staking, you would get 6,636 BELIEF worth $8.50.
According to Lookonchain, the address “spent 0.1” $SOL Buy 6,636 $BELIEF at ($8.5), Stake and Win 25.06 $SOL ($2,160) and 2.9 million $BELIEF (currently $7,768) in staking rewards. ”
“By purchasing and staking $BELIEF, he turned $8.5 into $9,928,” the on-chain analytics account added, sharing a Solscan link to the wallet activity.
The BELIEF transaction is tied to Printr, a Solana-based token issuance protocol whose proponents have dubbed the token “printr” money and praised “proof of belief” staking in replies to viral posts. “We weren’t kidding when we called it a printer,” one user joked, while another captured the speculative mood across the ecosystem: “Proving your beliefs is so rewarding.”
Solana remains one of the most active staking networks in cryptocurrencies, with over two-thirds of holdings. $SOL Exchanges like Solana Foundation and OKX say supply is fixed and yields are often in the mid-single digits. As the scale of staking grows, network activity has skyrocketed, with Solana recently processing around $650 billion in monthly stablecoin transaction volume, overtaking Ethereum and Tron in that metric, according to a report from crypto.news.
Episodes like the BELIEF windfall come in the backdrop of a debate over whether Solana’s current staking rewards, which amount to nearly 6% per year for many delegates, are “unnecessarily high” and should be cut to curb token inflation, according to a recent proposal covered by DL News. At the same time, crypto.news points out that: $SOLDespite increasing on-chain usage, prices still remain in the $80-$100 range, highlighting the gap between speculative wins in long-tail tokens and broader market performance.
