Solana wants to delete the exact feature hackers used to drain $270 million from Drift. So why is $SOL trading like nobody noticed?
A draft proposal, SIMD-0723, filed Nov 5 by Anza, would remove "durable nonces": signed transactions that never expire. Drift's attackers collected approvals in advance, sat on them for over a week, then emptied the protocol on April 1. Earliest switch-off: May 5, 2027.
What most people miss: nonce traffic was ~3% of Solana transactions but paid ~30% of priority fees in one June sample. Safer chain, thinner fee stream.
Meanwhile SOL sits at $83.10, down 4.1% in 24h (range $81.34–$87.12), after hot CPI and a fifth straight week of SOL ETF outflows. Markets price liquidity today, security next year.
Support to watch: $81. Reclaim $87 and the story changes.
Is killing a hacker's favorite tool bullish long term, or just a cost nobody is pricing yet?
Not financial advice.
#Solana #HotCPIDecemberHikePriced #CryptoSecurity #CryptoMarket
A draft proposal, SIMD-0723, filed Nov 5 by Anza, would remove "durable nonces": signed transactions that never expire. Drift's attackers collected approvals in advance, sat on them for over a week, then emptied the protocol on April 1. Earliest switch-off: May 5, 2027.
What most people miss: nonce traffic was ~3% of Solana transactions but paid ~30% of priority fees in one June sample. Safer chain, thinner fee stream.
Meanwhile SOL sits at $83.10, down 4.1% in 24h (range $81.34–$87.12), after hot CPI and a fifth straight week of SOL ETF outflows. Markets price liquidity today, security next year.
Support to watch: $81. Reclaim $87 and the story changes.
Is killing a hacker's favorite tool bullish long term, or just a cost nobody is pricing yet?
Not financial advice.
#Solana #HotCPIDecemberHikePriced #CryptoSecurity #CryptoMarket
