Solana (SOL) News Today

Latest crypto news and price forecasts for SOL: Gate News brings together the latest updates, market analysis, and in-depth insights.
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Solana critical turning point approaching! 37.7 million tokens of sell pressure is piling up, is SOL set to replicate a 21% surge or fall toward $64?

Solana’s recent price has been trading in a range around $84, and multiple technical indicators suggest a potential rebound. The current head-and-shoulders top structure is similar to early March, but selling pressure in the $85 to $88 range could limit upside. If it breaks above $89.82, it will turn bullish; conversely, if it falls below $78.77, it may test as low as $64. The market is in a stage of choosing direction.
SOL-5,12%
GateNews·3h ago

Solana DEX volumes hit 2024 low, SOL eyes $80 support

Solana’s native token SOL faced a notable pullback after a rejection near the $93 level last Wednesday, slumping about 11% as traders assess the chain’s near-term support. With the price testing the $80 region on multiple occasions in recent days, market participants are watching whether SOL can
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CryptoBreaking·4h ago

Solana non-USD stablecoin user count has grown nearly threefold year over year, with EURC and BRZ leading the way

The number of independent senders of non-USD stablecoins on the Solana chain has grown nearly threefold year over year, driven mainly by the euro stablecoin EURC and the Brazilian real stablecoin BRZ. Solana’s technical advantages have attracted the integration of multiple payment providers, reflecting a rising market demand for cross-border payments on high-throughput blockchains.
SOL-5,12%
GateNews·4h ago

Bitcoin, ether, solana slide further as Trump threatens to hit Iran 'extremely hard'

Bitcoin and major cryptocurrencies fell sharply after Trump's address threatened escalated military action against Iran, reversing a previous rally. The ongoing conflict continues to create volatility in the market. Despite historical April gains, optimism is tempered by geopolitical tensions.
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CoinDesk·6h ago

Wormhole response: Drift was attacked—Solana’s security mechanism may have delayed some cross-chain transactions

Gate News, April 2, Wormhole issued an official response to the attack on Drift, stating that Wormhole users’ assets are not currently at risk and that the cross-chain bridge functionality can still be used normally. However, due to the built-in security mechanisms configured for Solana, some cross-chain transfers may experience delays. Wormhole’s core contributors have been in communication with the Solana ecosystem team and will continue providing support as needed.
GateNews·6h ago

Loopscale: SOL Genesis vault with about $170,000 in deposits has an indirect exposure through Drift and has committed to full compensation.

Loopscale’s declaration is not directly related to Drift. Most funds are secure, with some indirect exposure. Deposits in the SOL Genesis Vault will fully reimburse users; deposit and withdrawal functionality is temporarily disabled, and will be reopened once services are restored.
SOL-5,12%
GateNews·6h ago

On-chain exchange Drift Protocol suffers a hack loss of $280 million—could the Solana ecosystem see a chain reaction?

Decentralized exchange Drift Protocol was hacked on April 2, resulting in losses of up to $280 million, becoming one of the largest DeFi security incidents in the Solana ecosystem. The attacker exploited a multisig vulnerability to obtain administrator keys and quickly transferred assets. Drift has paused deposits and withdrawals and has promised to continue updating the incident investigation. Security experts noted that this incident highlights the risks of high-privilege key management for DeFi protocols, urging stronger security measures to protect users’ assets.
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ChainNewsAbmedia·7h ago

Solana Sets Monthly Record as Stablecoin Volume Hits $650B

The Solana blockchain processed about $650 billion in stablecoin transactions in February 2026, setting a new monthly record, according to The Kobeissi Letter. That spike placed stablecoin activity far above traditional benchmarks, with monthly volumes now approaching $2 trillion and outpacing
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JUP-7,25%
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CryptoPotato·12h ago