# SOL

🚨💥🌟 The Solana ecosystem just got hit with a "black swan" event. On April 1, a massive exploit drained approximately $285 million from Drift Protocol, the network's top perpetual exchange. This wasn't an April Fools joke it was a brutal reality check for DeFi security.
How did it happen?
Early reports suggest a "Compromised Admin Key" or a flaw in the bridge mechanism allowed the attacker to drain the vaults in just 12 minutes. The stolen assets, including USDC and JLP tokens, were quickly bridged over to Ethereum.
The Market Fallout:
- $SOL Price: Dropped nearly 9% overnight, currently fig

buy STO if the price is around 0.17
strong project but risky at this stage.
trade wisely guys.
‍#sto #sol #eth

🟣 Solana Price Sparks Fresh Bear Cycle Within Channel Pattern
SOL , the seventh largest cryptocurrency by market capitalization, slips over 3% on Thursday to trade at $78.24. The initial downtick followed broader market pullback amid escalating geopolitical conflict between the U.S. and Iran. However, the Solana price witnessed a surge in selling pressure as its decentralised exchange, Drift protocol, faced a severe security breach, which resulted in a loss of approximately $286 million in asset.
🔸 Drift Protocol Hack Drains $286M in Sophisticated Attack
On April 1st, A high-profile decentra

$SOL cooling off after a sharp rally… price finding footing near 79.82 while sellers take a breather. Demand holding, setup stays bullish if buyers step back in.
Entry: 79.70 – 79.90
TP1: 80.50
TP2: 81.20
TP3: 82.00
SL: 79.20
Momentum play…stay disciplined, manage risk tight, trail smart.
#SOL #Rmj-Trades