Solana Price Dips Amid NFT Hack; But Golden Cross Is Near
Posted On May 16, 2025
Solana (CRYPTO: SOL) is trading at $172.98, with a dip of 0.14% in the last 24 hours. The dip came after the users witnessed an NFT hack, in spite of the growing institutional use case of SOL.
The hack was an alarming incident involving Frank (Rohun Vora), the guy behind the DeGods NFT project. Vora’s Solana wallet got hacked, and led to the sale of 16 DeGods NFTs, including a rare mythical helmet. The NFTs were sold for over 108 SOL, which is around $19,000. According to Decrypt, Vora did not sell the NFT’s on his own as it was due to a security breach.
Don’t Miss:
- Trade crypto futures on Plus500 with up to $200 in bonuses — no wallets, just price speculation and free paper trading to practice different strategies.
- New to trading crypto? Get up to $400 in rewards for successfully completing short educational courses and placing your first qualifying trade on Coinbase.
According to The CoinRepublic, Solana’s layer 2 ambitions have gotten a major boost …
About The Author
