Rumors of a hack cause Drift Protocol's DRIFT token to drop nearly 20%.

Drift Protocol, a decentralized exchange on Solana, saw its native DRIFT token plunge nearly 20% due to rumors of a potential exploit. The warning came from a blockchain infrastructure CEO who urged urgent action, causing widespread market sell-off despite no official confirmation. This incident highlights how quickly unverified security concerns can impact investor confidence in DeFi platforms. The community awaits an official statement while users are advised to stay cautious.