CryptoStatCoins

Bullish

Jito Foundation Revives SolanaFloor After $27M Exploit, Boosting Solana (SOL) Ecosystem

In a significant move for the Solana community, the Jito Foundation has acquired and is reviving the popular analytics platform SolanaFloor. The platform had previously shut down following a devastating $27 million exploit of its parent project, Solana-based lending protocol Solend. This acquisition underscores a strong commitment to preserving essential infrastructure within the Solana (SOL) DeFi ecosystem. The Jito Foundation, known for its work on the Jito Network which provides Maximal Extractable Value (MEV) solutions on Solana, plans to restore and enhance SolanaFloor's services. The revival of this key data aggregator is seen as a bullish signal for Solana's resilience and community-driven recovery, providing traders and developers with renewed access to critical on-chain analytics and market insights.
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