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Blockdaemon outperformed the Solana network average for the thirteenth consecutive month in October, delivering a 5.61% PRR against a 5.60% network average.
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Performance Report
Validator Performance & Reward Composition
Blockdaemon is a leading staking provider for institutions, offering secure, risk-mitigated rewards across more than 50 blockchain networks. Blockdaemon secures over $10 billion in staked assets and delivers 99.9% uptime. This report analyzes current Solana ecosystem trends and compares Blockdaemon's validator fleet performance with the network average.
October 2026
Blockdaemon outperformed the Solana network average for the thirteenth consecutive month in October, delivering a 5.61% PRR against a 5.60% network average. Vote rewards continued their decline and MEV income fell, while fee income rose.
October Protocol Reward Rate (PRR)
| Month | Vote (Inflation) | MEV | Fees | Blockdaemon PRR | Network PRR |
|---|---|---|---|---|---|
| October 2026 | 4.83% | 0.12% | 0.66% | 5.61% | 5.60% |
October 2026 data covers 20 epochs (1047–1066).
PRR is an estimated annualized reward rate based on historical SOL-staking data and does not guarantee future results. Blockdaemon uses its own Staking Rewards Reporting to track the PRR of every SOL validator it operates. PRR is calculated each epoch using the standard APY formula: ((365 ÷ epoch days) × ⟨gross commission + fees earned⟩) ÷ (active stake). Trend includes prior months for context.
October 2026
Alpenglow, Solana’s new consensus system, went live on mainnet on October 21, at the start of epoch 1064. It replaces TowerBFT, the voting system Solana has used since launch. The switch followed testnet and devnet in late September, and the first Alpenglow block was certified with votes from 446 of the network’s 654 validators. It targets transaction finality of about 150 milliseconds, down from about 12.8 seconds. This is phase one; Rotor, the next phase, has no date yet.
What this means for institutions: transactions settle almost immediately, and wallets and apps work as they did before. Nothing changes for staked SOL. Blockdaemon manages all infrastructure changes on behalf of customers, including the migration to Alpenglow.
Upgrade page: solana.com/upgrades/alpenglow
SIMD-0550, which doubles how fast Solana’s inflation falls each year, needs new validator software before it can turn on. In late October, Anza released Agave 4.4 as a stable release recommended for all validators, and it carries the SIMD-0550 feature gate. The gate is not active on mainnet yet, and no activation date is set.
What this means for institutions: staking rewards stay on today’s schedule for now. The next signal is the feature gates being scheduled. Once active, rewards are expected to step from 5.84% toward about 4.34% within a year, so it is worth updating reward models ahead of time.
Release notes: github.com/anza-xyz/agave (v4.4.0) · Spec: SIMD-0550
The first US spot Solana ETF launched on October 28, 2025, built to stake its SOL from day one, and several Solana ETFs now pass staking rewards on to shareholders. By early October, US spot Solana ETFs had taken in $1.58 billion in net inflows since launch, and their net assets reached a record $1.96 billion on September 25, according to The Block. In October, the funds saw their first weekly outflows since June, ending a record 14-week run of inflows.
What this means for institutions: staked SOL is now a standard part of regulated investment products, with more than $1.5 billion of net inflows in the first year. With epochs now lasting about a day, staked SOL can also be unstaked faster than before, which helps funds manage liquidity when flows turn.
Sources: The Block (SoSoValue data) · launch release
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