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Vectis Finance offers 30-day fee-free withdrawals after $285M Drift Protocol hack on Solana.

Market News
18 Apr 2026
Crypto Briefing
View Source
Bearish
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Vectis Finance has announced a withdrawal process with a 30-day zero-fee subsidy following a $285 million exploit of the Drift Protocol, which impacted Solana-based platforms including Vectis. Despite the hack, Solana's price prediction for April 19 remains strong at 99.9% confidence, with the market expecting Solana to stay above $30. However, long-term uncertainty persists in Solana's DeFi ecosystem due to the exploit, potentially causing volatility. Investors should watch for updates from Solana Foundation and Drift Protocol on recovery and security improvements that could influence market movements.

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