Solana failed to settle above $85 and extended losses. SOL price is now consolidating losses below $80 and might struggle to start a recovery wave.
Ethereum (ETH) and Solana (SOL) are increasingly being compared through a single, headline-friendly metric: fees. But the latest data suggests the rivalry has moved beyond “who earned more” and into a more consequential question—where value is being created, and who ultimately captures it.
Solana is entering a critical phase as price action tightens within a narrowing range, signaling that a major move may be close. With volatility compressing and key levels clearly defined, the market appears primed for a decisive breakout or breakdown in the sessions ahead.
Drift warns users amid suspected exploit, triggering a sharp DRIFT price drop as Solana traders watch resistance near $100.
The Solana-based DeFi platform Drift Protocol says it's under attack. In a series of tweets on X, the team behind the protocol says it's investigating unusual activity. “We are currently investigating. Please do not deposit funds into the protocol while we investigate. This is not an April Fools joke. Proceed with caution until further notice.
Despite Solana's record-breaking February, Ethereum still leads in cumulative stablecoin transaction volume at around $52 trillion.
The stablecoin transactions on the Solana blockchain reached a record $650 billion in February and are on track to record a similar surge in March.
Solana-based perpetuals DEX Drift Protocol has suffered an exploit impacting more than $200 million in funds.
Drift Protocol has urged its users to halt all deposits due to unusual activity, explicitly stressing that this is not an April Fools' joke.
Staking demand for SOL recovered after a 3% dip in Q1.
The Solana (SOL) network experienced a spike in transactions during the first quarter of 2026, reaching a new all-time high (ATH).
The platform halted deposits while it investigates suspicious activity and urges users to proceed with caution.