After a $285 million hack on Drift Protocol linked to North Korean hackers in April 2026, Solana's DeFi total value locked (TVL) has recovered to over $6.5 billion, a 38% rise in two months. This recovery was driven by a $127.5 million recovery fund from Tether, additional partner contributions, and a rebrand of Drift to Velocity DEX with improved security. The SOL token price surged 63%, boosting TVL in dollar terms despite a possible slight decline in token amounts locked. The incident highlights risks in admin-controlled DeFi protocols and introduces recovery tokens as a new compensation model balancing user claims and financial sustainability.
Solana's market cap stands at Rp1.260,13 trillion as of September 30, 2026, 18:04 WIB, with a 1-day price change of -0.63%. The token's circulating supply is 588 million SOL, and trading volume on Pluang reached Rp61.91 trillion in the last 24 hours. Despite the recent hack and recovery efforts in its DeFi ecosystem, Solana maintains strong trading interest, with 71% of Pluang orders being buys and a typical hold time of 70 days.
Solana's price has declined from around $112 on October 12 to below $70, showing bearish momentum with lower highs and lows. Key support levels are identified at $69-$70 and $65, while resistance lies at $75-$76, $80, and $85. Technical indicators li...
Solana (SOL) increased by 3.66% to $72.51 over a four-hour period on Binance spot trading but remained down 4.33% over the past 24 hours. The price rose $2.56 from $69.95 four hours earlier, though it was still below its level a day before. Solana ho...
Bitcoin fell to a nearly three-month low below $68,000 as crypto liquidations surged to $1.6 billion, extending losses for November. Meanwhile, Tether expanded its U.S. stock portfolio to an estimated $4.8 billion across 13 companies, signaling growi...
Dogecoin's open interest in perpetual futures fell sharply by 8.41% to $140.1 million, marking the largest decline among five major cryptocurrencies. Bitcoin's open interest also decreased by 3.04% to $6.31 billion but showed a positive funding rate,...
Since November 4, a crypto market selloff has driven significant losses across major assets: XRP fell 33.07%, Ethereum 30.02%, Solana 30.99%, and Bitcoin 23.61%. XRP experienced the steepest decline, while Bitcoin showed relative resilience. Analyst ...
