A wallet linked to Solana's initial token distribution lost about $14.2 million in SOL tokens after an attacker unstaked the tokens and transferred them to Ethereum using a bridge protocol. The exact method of compromise and the bridge used remain unknown, but the pattern suggests private-key theft. This incident hasn't affected Solana's market price or indicated a broader attack on the network. Recovery of funds depends on how the stolen tokens are liquidated, with centralized exchanges offering a chance for freezing assets, unlike decentralized routes.
U.S. spot Ethereum ETFs experienced significant net outflows totaling $542.1 million last week, indicating more capital was withdrawn than invested. Meanwhile, Solana ETFs ended a 14-week streak of continuous inflows, marking a notable shift in insti...
A large transfer of 470,087 Solana tokens worth over $51 million was moved to Coinbase, signaling possible selling activity amid recent market volatility. Solana's price has dropped sharply from around $123 to below $110, causing traders to exit posi...
Solana's network growth has surged 124% since early September, with 1.71 million new wallets created daily and daily active addresses up 58%. This increase in users and activity strengthens Solana's ecosystem and could support higher market value ove...
Solana generated $38.2 million in decentralized application (dApp) revenue over seven days, significantly surpassing Ethereum's $11.7 million during the same period. Even when combining Ethereum with its Layer 2 solutions like Base and OP Mainnet, an...
Alameda Research recently unstaked $16 million worth of Solana (SOL), continuing a pattern of significant transactions that have attracted attention to the firm's financial moves. This activity follows a similar unstaking last month and has sparked s...
