Solana
Why Solana is up 1.5% today
Analysis
Solana (SOL) rose about 1.5% over the past 24 hours even as headlines flagged near-term risks, suggesting the market largely shrugged off the negative flow. CoinDesk reported that Solana wallet data was among targets in a “TrapDoor” package attack, but the price action indicates limited immediate selling pressure tied to that incident.
Contributing Factors (2)
Solana, Sui and Aptos wallet data targeted in TrapDoor package attack
The campaign targets crypto, DeFi, AI and security developers with fake tooling packages to steal wallets, SSH keys, GitHub tokens, cloud credentials and browser data.
Solana open interest drops 30% as altcoins slump: Is $68 SOL next?
Bulls abandon ship as SOL futures open interest dropped 30% in May. With the price weakening near $80, Solana may be destined for new lows.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.