CryptoMediaClub
Monday, June 29, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Solana Price Prediction: North Korea $285 Hack Took 6 Month – Can Sol Survive?

06.04.2026
A A
0
120
VIEWS
ShareShare

Solana price trades at $82 after a 3.5% jump today, but the recent Drift Protocol hack and being the only coin in the crypto top 10 that is posting red, make its prediction slightly bearish. The full scope of the damage is revealing something darker.

A $285 million drain from Drift Protocol, executed in roughly 12 minutes on April 1, has been attributed to North Korean state-linked hackers who spent six months embedding themselves inside the protocol’s trust infrastructure.

This is crazy
The Lazarus Group has stolen $7 billion from crypto since 2017
That’s more than the annual GDP of almost 36 countries
The biggest hack was Bybit ($1.5 billion) in 2025
Now, the Drift team said that with medium-high confidence
They were hacked by the same North… https://t.co/GeMFjXoowQ pic.twitter.com/VD0pGaSGRe

— jussy (@jussy_world) April 5, 2026

Drift confirmed the attack wiped more than half of its $550 million TVL through a durable nonce exploit, a fake oracle asset called CarbonVote Token, and compromised multisig approvals.

Now, can SOL’s price structure hold the line at critical support before the next leg down?

Discover: The best pre-launch token sales

Solana Price Prediction: Hold $80 Support or $70 Next?

SOL sits at $82, after breaking the key short-term floor. The 50-day moving average is capping upside at $88, creating a compressed range that historically resolves with conviction in one direction. Volume during the April 1-4 sell-off spiked on the downside, signaling distribution.

The best case for SOL right now is for it to hold $80 floor, reclaim $88 resistance on recovering DeFi sentiment, and target the $95–$100 range. The pending Alpenglow consensus upgrade, promising sub-second finality, provides a narrative catalyst if developer engagement holds.

SOL can also consolidate between $78 and $88 for several weeks as the market digests the security overhang. Institutional forecasts of $150–$260 by late 2026 remain intact but feel distant from current levels.

However, the scale and sophistication of the DPRK operation continue to erode confidence in Solana DeFi. Failure at $78 opens a direct path to $70, a level not tested since the last major sentiment breakdown.

Solana price jumps by 3.5%, but the Drift hack and being the only coin in the crypto top 10 that is  red, make its prediction slightly bearish.
SOL USD, Tradingview

The uncomfortable reality is that most of the drained funds were bridged to Ethereum immediately after the exploit, which means selling pressure on SOL itself was primarily sentiment-driven, not forced liquidation. That’s a two-edged data point: the structural damage is reputational and is slower to heal.

What actually breaks the bearish thesis? A confirmed resolution timeline from Drift, progress on the Alpenglow upgrade, or a broader crypto market recovery above Bitcoin’s key resistance. Until one of those materializes, the 50-day MA at $88 acts as a ceiling.

Discover: The best crypto to diversify your portfolio with

Maxi Doge Targets Early Mover Upside as Solana Tests Key Levels

SOL’s current setup, pinned below a moving average, facing reputational damage, and trading in a narrow support band, is the kind of environment where rotation into early-stage assets historically picks up.

The risk-reward at $78 isn’t compelling for new entries. Early-stage presales offer asymmetric exposure that established large-cap tokens simply can’t replicate at this stage of the cycle. The broader market is testing key levels across the board, compressing upside on mature assets.

Maxi Doge ($MAXI) is a meme token built on Ethereum targeting the 1000x leverage trading community,gym-bro culture meets on-chain speculation, packaged as a full ecosystem. The presale has raised $4,7 Million at a current price of $0.0002812, with 60% staking APY bonus available to holders.

The project runs holder-only trading competitions with leaderboard rewards, a Maxi Fund treasury for liquidity and partnerships, and a viral meme-first marketing engine.

For traders watching SOL bleed support and looking for uncorrelated early-stage exposure, research Maxi Doge before the next presale tier closes.

The post Solana Price Prediction: North Korea $285 Hack Took 6 Month – Can Sol Survive? appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

Google Gemini AI Predicts Jaw-Dropping Bitcoin Price by Next 90 Days
All news

Google Gemini AI Predicts Jaw-Dropping Bitcoin Price by Next 90 Days

29.06.2026
0

Google Gemini AI just zoomed in on a tighter window for Bitcoin price prediction that treats the next quarter as...

Read moreDetails
California’s DFAL Clock Is Ticking: XRP Price Hanging in the Balance

California’s DFAL Clock Is Ticking: XRP Price Hanging in the Balance

28.06.2026
Sam Altman ChatGPT AI Predicts Crazy XRP Price by End of 2026

Sam Altman ChatGPT AI Predicts Crazy XRP Price by End of 2026

28.06.2026
Dogecoin Faces Danger: Data Shows DOGE Price Could Collapse

Dogecoin Faces Danger: Data Shows DOGE Price Could Collapse

27.06.2026
Ethereum Price Prediction: A Forgotten Bull Signal as SharpLink Loads Up on ETH After 8 Month Hiatus

Ethereum Price Prediction: A Forgotten Bull Signal as SharpLink Loads Up on ETH After 8 Month Hiatus

26.06.2026
Load More
Next Post
Bitcoin still cannot get regular people as excited as 2017 even after winning over Wall Street

Bitcoin still cannot get regular people as excited as 2017 even after winning over Wall Street

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Hex Belief Acquires Byte Buying and selling, Expands Into the Institutional Market

Hex Belief Acquires Byte Buying and selling, Expands Into the Institutional Market

1 year ago
Circle CEO Jeremy Allaire Requires Necessary US Registration of Stablecoin Issuers

Circle CEO Jeremy Allaire Requires Necessary US Registration of Stablecoin Issuers

1 year ago
Singer Vérité’s fan-first approach to Web3, music NFTs and community building

Singer Vérité’s fan-first approach to Web3, music NFTs and community building

3 years ago

Bitcoin surges on $650 million short squeeze, passing $76,000 as US inflation numbers fuels risk asset rally

3 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Google Gemini AI Predicts Jaw-Dropping Bitcoin Price by Next 90 Days

XRP investors capitulate at fastest pace since the 2022 crypto crash amid slide to $1

The next crypto recovery trade might be equities instead of tokens

Bitcoin just slipped below the bear-market line traders cannot ignore

California’s DFAL Clock Is Ticking: XRP Price Hanging in the Balance

Congress blocks introduction of any CBDC in the next 4 years – but the fight over digital money is just starting

Trending

Ripple’s MiCA win is not a full license yet – Here’s what it still has to prove
Analysis

Ripple’s MiCA win is not a full license yet – Here’s what it still has to prove

29.06.2026
0

Ripple secured preliminary approval as a Crypto-Asset Service Provider from Luxembourg's financial regulator, the CSSF, on June...

Bitcoin’s biggest ETF is becoming the sell wall bulls have to break

Bitcoin’s biggest ETF is becoming the sell wall bulls have to break

29.06.2026
OpenAI’s Luna name turned Terra’s dead token into a YOLO leverage trade

OpenAI’s Luna name turned Terra’s dead token into a YOLO leverage trade

29.06.2026
Google Gemini AI Predicts Jaw-Dropping Bitcoin Price by Next 90 Days

Google Gemini AI Predicts Jaw-Dropping Bitcoin Price by Next 90 Days

29.06.2026
XRP investors capitulate at fastest pace since the 2022 crypto crash amid slide to $1

XRP investors capitulate at fastest pace since the 2022 crypto crash amid slide to $1

28.06.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz