Tech • IA • Crypto
50 articles analyzed by AI / 138 total
In October 2023, LayerZero's KelpDAO bridge on Solana was hacked for $292 million by North Korea's Lazarus Group, who forged cross-chain messages. The exploit nearly caused a second major drain and underscored critical vulnerabilities in cross-chain security on the Solana network.
Solana secured a $147.5 million financial lifeline aimed at mitigating a recent security crisis on its network. This funding is seen as a crucial step toward recovery and stabilization amid ongoing ecosystem challenges.
Crypto funds have injected $1.4 billion into Solana, aiming to push the token value up by $300. This substantial capital inflow reflects strong investor confidence in Solana's growth prospects as of 2026.
Solana is targeting the second half of 2026 for the Firedancer upgrade, which includes a 1 million transactions per second (TPS) stress test. This milestone has contributed to positive analyst upgrades and increased buyer interest, supporting Solana's scalability ambitions.
For the fifth consecutive week, Solana has surpassed Ethereum in weekly decentralized application (dApp) revenue, indicating rising user engagement and strengthening ecosystem activity on Solana.
In the first quarter of 2026, Solana saw a $3.8 billion inflow in stablecoins, which helped push network usage above a baseline of 5,500 transactions per second. This highlights considerable growth in network activity and liquidity.
Grayscale launched a Solana exchange-traded fund (ETF) on the NYSE Arca, marking an important institutional milestone for Solana. Despite the launch, the prediction market showed no immediate effect on Solana's token price.
During one quarter, Solana processed $1.1 trillion in transactions but concurrently its token price dropped by 33%. This juxtaposition illustrates high ecosystem transaction levels amid significant market volatility.
The 0fiat app was launched on the Google Play Store, enabling users to pay online via stablecoins on Solana. The service expanded rapidly to over 190 online stores across more than 45 countries, showcasing growing adoption of Solana payment solutions.
Bitwise and Fidelity are building a $1 billion Solana-based ETF with backing from Morgan Stanley trust filings. This collaboration signals increasing institutional investments and confidence in Solana.