Solana (SOL) Rebounds Again, Buyers Target Next Upside Leg

Solana found support at $81.40 and corrected some losses. SOL price is now consolidating above $83.50 and might aim for a steady increase.

Solana Yield Protocol Carrot Collapses After $8M TVL Wiped Out in Drift Exploit

The Solana yield protocol, Carrot, confirmed the cessation of its operations following the devastating exploit suffered by Drift Protocol in early April. The project management reported that the attack, which drained approximately $8 million in Total Value Locked (TVL) from its vaults, made the continuity of the service unsustainable.

Solana RWA market share, outpaces Ethereum’s 40%

Solana’s RWA market share surge may enhance its DeFi appeal, challenging Ethereum’s dominance and attracting more institutional interest. Solana RWA market share, outpaces Ethereum’s 40%.

Is the Solana Correction Over? SOL Taps Blue Zone, Wave 3 Setup Builds

The SOL/USD pair stood in a range of $82 to $84 during the day on April 30, 2024. The price reached the so-called “blue zone” of support on the 4-hour (4H) chart. Confirmation of a new bullish trend depends on the breakout of a green signal line and a five-wave micro-impulse.

Meta Leverages Solana Network For Next-Gen Stablecoin Payments – What To Know

As the blockchain sector evolves, the Solana network is persistently gaining serious attention among large players and institutions as they launch new products on the blockchain. Solana has shifted into the spotlight once again following the recent move by Meta to launch a stablecoin payment solution on the leading network.

Solana Launchpad Printr Faces Shakeup: CEO Resigns, Full Refunds Announced

Printr’s founder resigned as CEO citing health reasons, while COO and GTM lead Lennon is set to take over and Lea remains CTO. The Solana launchpad said every participant in its community sale will receive a full refund after scrutiny over misleading promotion concerns.

Solana Yield Protocol Carrot Shuts Down After Drift Exploit Drains $8M in TVL

Carrot, the Solana-based decentralized finance ( DeFi) yield protocol, announced its shutdown on Thursday, following direct losses tied to the April 1 exploit on Drift Protocol, which drained approximately $285 million from the Drift platform in minutes.