Sol The Trophy Tomato priceSOL

𝐒𝐡𝐨𝐫𝐭 𝐒𝐪𝐮𝐞𝐞𝐳𝐞 𝐈𝐠𝐧𝐢𝐭𝐞𝐬 𝐂𝐫𝐲𝐩𝐭𝐨 𝐑𝐞𝐛𝐨𝐮𝐧𝐝: $𝟑𝟒𝟑𝐌 𝐋𝐢𝐪𝐮𝐢𝐝𝐚𝐭𝐞𝐝 𝐚𝐬 $BTC 𝐑𝐞𝐜𝐥𝐚𝐢𝐦𝐬 $𝟔𝟓𝐊 The crypto market rebounded sharply on Feb. 25, with total capitalization rising 2.7% to $2.32T. • $343M liquidated in 24 hours • $154M from short positions ⸻ 1️⃣ Bitcoin ( $BTC ) Bitcoin gained 5.5%, reaching $66,233 intraday before consolidating near $65K. Key factors:  • Reclaimed critical $65K psychological level  • Bounce from near $60K support zone Holding above $65K reduces immediate downside pressure. Failure to sustain opens the path back toward $60K. 2️⃣ Ethereum ( $ETH ) Ethereum rose ~4% to $1,900. ETH continues tracking BTC directionally. Momentum remains reactive; structural trend shift not yet confirmed. 3️⃣ Solana ( $SOL ) — Volatility Leader Solana surged nearly 7%, reclaiming $80. High-beta assets benefited most from short covering and renewed risk appetite. Confirmation signals to monitor:  • Sustained spot inflows  • Expansion in open interest (healthy leverage rebuild)  • Daily closes above $65K Without follow-through volume, the move risks reverting to range volatility. With it, recovery momentum could extend toward the $67.5K–$70K zone.

TL;DR: Step Finance — once dubbed "the front page of $Solana — was hit by a treasury wallet breach in late January 2026, losing between $27M–$40M (figures vary by source). After failing to secure financing or an acquisition, the team announced on February 24, 2026 that it would permanently shut down, taking down SolanaFloor and Remora Markets with it. This wasn't a smart contract exploit — it was an operational security failure involving compromised executive devices. That distinction changes everything about what Solana DeFi needs to fix. 😶‍🌫️1. The "Lego" Risk: Composability as a Double-Edged Sword Solana DeFi is built on "composability"—the ability for different protocols to interact seamlessly. While this allows for complex financial products, it means a vulnerability in one protocol can cascade. If an aggregator like Step Finance is compromised, it can potentially expose user permissions (allowances) or liquidity pools linked to dozens of other integrated projects. 😶‍🌫️2. Smart Contract Vulnerabilities vs. Economic Exploits While the specific technical details of the $40M hack are often linked to smart contract bugs (such as improper validation of instruction data), many Solana hacks involve Oracle manipulation or Flash Loan attacks. The Lesson: Security isn't just about "bug-free" code; it’s about economic robustness. Protocols must ensure that their price feeds and liquidity mechanisms cannot be manipulated in a single transaction block. 😶‍🌫️ 3. The Centralization of Maintenance Step Finance’s decision to shut down highlights a "bus factor" risk. Many DeFi protocols are decentralized in name but rely on a core team for maintenance and security patches. When a massive hack occurs, the team may lack the treasury or the morale to continue, leading to a total loss of the service for the community. This underscores the need for DAOs (Decentralized Autonomous Organizations) to have robust "emergency pause" or "recovery" funds. 😶‍🌫️ 4. Solana’s Unique Architecture: PDA and Account Ownership Solana uses Program Derived Addresses (PDAs) and a unique account model. While highly efficient, this model is still relatively young compared to Ethereum’s EVM. Security Implications: Developers are still learning the "gotchas" of the Sealevel runtime. The Step Finance hack may prompt a renewed push for more rigorous formal verification—a mathematical way of proving code will behave as intended—rather than just standard third-party audits. 😶‍🌫️ 5. Investor and User Sentiment For Solana, which has fought hard to regain trust following the FTX collapse, a $40M exploit on a legacy platform like Step Finance is a setback for "DeFi 2.0" narratives. It emphasizes that TVL (Total Value Locked) is not a proxy for security. Users are increasingly looking for: Insurance protocols (like Solace or Unslashed). Real-time monitoring (like Forta). Revoke tools: The shutdown reminds users to regularly use tools like Solana Revoke to cancel active permissions given to dApps. ✅ Moving Forward The shutdown of Step Finance will likely trigger a "flight to quality." Users may migrate toward protocols with multiple audits, "bug bounty" programs (like those hosted on Immunefi), and longer track records of stability. For Solana to maintain its momentum as a "high-performance" chain, the focus must shift from transaction speed to transaction safety. Bottom Line: The $40M hack isn't just a loss of capital; it’s a loss of infrastructure. It marks the end of an era for one of Solana’s pioneers and sets a higher bar for the security standards required for the next generation of DeFi applications. ✅ The Step Finance collapse is Solana's "DAO moment" — a painful but necessary maturation event. Ethereum survived The DAO hack in 2016 and came back stronger with better security standards. Solana's DeFi ecosystem, now at $6.4B TVL with 362 protocols, is large enough to absorb this shock — but the industry needs to respond with: Mandatory multi-sig + hardware key requirements for any protocol holding >$1M in treasury OpSec audits alongside smart contract audits — reviewing team device hygiene, key management, and access controls Insurance protocols gaining traction on Solana (currently near-zero TVL in the insurance category) Decentralized treasury management — moving away from team-controlled wallets toward DAO-governed multi-sigs As one community member put it: "Solana is shaping its own maturity cycle in public. The real signal isn't the exploit — it's how governance, audits, and builders rebuild trust after the churn." #TrumpStateoftheUnion #VitalikSells #TokenizedRealEstate #solana $SOL $BTC $ETH

$SOL price reclaiming MA7 (78.86) and now testing MA25 (81.37) after holding ~80-82 support zone. Green candle with volume support, downtrend easing with higher low structure. Bullish momentum building if holds above 81 and breaks MA25 with conviction. Entry Zone 81.00 – 81.80 Targets TP1: 83.00 – 84.00 TP2: 86.00 – 88.00 TP3: 92.00 – 95.00 Stop Loss 79.50 – 80.00

SOLUSDT Update $SOL SOL just fired a strong breakout to 81.90 after reclaiming the 78.70 supply zone with aggressive volume expansion. Momentum is hot on 15m, buyers in control, candles closing near highs showing real strength not just a wick spike. Immediate resistance 82.20 Next barrier 83.50 Support flipped at 80.80 Major support 78.70 Entry 81.20 to 81.50 on minor pullback TG 83.40 then 84.80 Stop loss 79.90 If price holds above 80.80 bulls stay dominant and continuation toward higher liquidity is likely. Lose that level and momentum cools fast. Stay sharp. Follow structure not emotions.

US SPOT CRYPTO ETFs FLOWS DATA UPDATE (24-02-2026): 🟩 Bitcoin Spot ETFs: +3,990 $BTC (+$257.70M) 🟩 Ethereum Spot ETFs: +4,958 $ETH (+$9.20M) 🟩 Solana Spot ETFs: +48,806 $SOL (+$3.80M) 🟩 XRP Spot ETFs: +2.25M $XRP (+$3.04M) 🟩 Hedera Spot ETFs: +6.83M $HBAR (+$655.17K) 🟩 $LINK, $DOGE, $LTC, $AVAX Flows Was Zero. TOTAL US SPOT CRYPTO ETFs OUTFLOW: ≈ +$274.40M U.S. BITCOIN SPOT ETFs BOUGHT ~3,990 BTC Worth $257.70M 🇺🇸 BlackRock ETF Has Bought $78.90M in Bitcoin (+1,220 BTC) 🇺🇸 Fidelity ETF Has Bought $82.80M in Bitcoin (+1,280 BTC) and SOLD $1.90M in Ethereum (-1,024 ETH)  🇺🇸 ARK 21Shares ETF Has Bought $71.10M in Bitcoin (+1,100 BTC) and SOLD $1.90M in Ethereum (-1,024 ETH)  🇺🇸 Grayscale ETF Has Bought $11.10M in Ethereum (+5,982 ETH) FACT: US SPOT #BitcoinETFs Bought ~9 Day of Mined Bitcoin Supply in Single Day.