Solana has closed a weakness that enabled basic sandwich attacks, reducing a common front-running vector for traders. Jito is continuing work to optimize transaction execution and block space allocation to boost network efficiency.
Solana Foundation has launched STRIDE, a security framework offering formal verification and 24/7 on‑chain monitoring in response to a $285M exploit. The initiative aims to harden DeFi protocols and restore ecosystem confidence.
Solana-based DEX Stabble on Apr. 7 urged all liquidity providers to withdraw funds immediately after on-chain investigator ZachXBT linked a former employee to suspected North Korean IT operations. The warning raises security and compliance concerns and could affect SOL and LINK liquidity.
Solana is trading at $79.90 on April 7 after roughly 2 million SOL moved onto exchanges, increasing sell pressure and leaving the token exposed to about a 20% drop if key support gives way.
DeFiLlama data shows Solana handled $920M in 24‑hour DEX spot volume on April 6, outpacing Ethereum’s $563.47M. Low fees and rising retail activity are cited as the main drivers.
Solana co-founder Anatoly Yakovenko called the recent Drift Protocol exploit "terrifying" after reports tied the incident to a sophisticated social engineering operation attributed to North Korean actors. The breach underscores growing state-linked threats to decentralized finance.
Drift Protocol announced an airdrop following a $285 million exploit on Solana, saying it aims to compensate users and stabilize the platform. The move has prompted criticism from parts of the crypto community over transparency and priorities.
Arthur Hayes warned that the Drift exploit exposes multisig weaknesses, while Solana executives say the incident stemmed from compromised admin access rather than a protocol bug.
Blockchain analytics firm Elliptic says funds from the $286 million Drift Protocol exploit trace to laundering patterns linked to North Korean state actors, noting cross-chain movement and Solana-specific tracing hurdles.
More than $211 million worth of SOL stakes became liquid within minutes on April 2, 2026, as Solana traded weak amid market volatility. Large unlocks have traders on edge for potential selling pressure and faster on-chain flows to exchanges.