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Solana’s price is currently trading at $82 after a 3.5% jump today, but the recent breach of the Drift protocol and being the only currency on the top ten list to show poor performance makes expectations less likely. The amount of damage shows the black details.
The theft of $285 million of the Drift protocol, which was issued within 12 minutes on April 1, was reported by thieves connected to North Korea who spent six months penetrating the security of the protocol.
This is crazy
The Lazarus Group has stolen $7 billion from crypto since 2017
This is more than the annual GDP of about 36 countries
The biggest steal was Bybit ($1.5 billion) in 2025
Now, the Drift team said it with moderate confidence
They were kidnapped by the same North… https://t.co/GeMFjXoowQ pic.twitter.com/VD0pGaSGRe
– jussy (@jussy_world) April 5, 2026
The Drift team confirmed that the attack removed more than half of the total closed value (TVL), which was $ 550 million, through the threat of “hard nonce” Part, using a fake asset called CarbonVote Token, in addition to breaking the multi-sig (multisig) wallet approvals.
Now, the question arises: Can the cost of SOL be included in the necessary support measures before the next downturn?
Solana price expectations: Hold at $80 or fall to $70?
The price of SOL is fixed at $82 after breaking the short-term demand level. The 50-day move prevents access to $88, creating a narrow range that ends in history with a strong move in one direction. The volume of sales during the sales period between April 1 and 4 saw ups and downs, reflecting distribution activities.
The best case for the SOL price at the moment is to keep the $80 level as a base, retrace the resistance at $88 when the sentiment of the DeFi sector returns, and follow $95-100. Alpenglow’s upcoming update, which promises to sell out in less than a minute, provides a positive boost if developers keep doing it.
SOL may re-enter the consolidation range between $78 and $88 for several weeks as the market takes stock of security concerns. The school’s expectations that the price will reach the levels of $150-260 by the end of 2026 remain valid, but it seems that it is not going well at the current levels.
However, the size and complexity of this so-called North Korean operation continues to undermine confidence in the Solana DeFi ecosystem. The failure of the price to maintain the level of $ 78 opens the way to $ 70, a level that has not been tested since the last great fall in sentiment.
The unfortunate fact is that most of the stolen money was transferred to the Ethereum network immediately after the hack, which means that the forced sale on SOL itself was mainly driven by sentiment, not by forced withdrawal. This is a double data point; Structural damage is reputational damage, which takes a long time to recover from.
What can affect bearish sentiment? The definitive timeline for the decision of the Drift, the progress of the Alpenglow revolution, or the recovery of the entire crypto market above the keys of Bitcoin resistance. Until one of these things happens, the 50-day moving average of $88 will remain a ceiling on the price.
Maxi Doge looks for a bigger opportunity with Solana tested on a harder level
The current situation of SOL, which is below the current trend, which is experiencing a deterioration of the portfolio and sales in the lower areas, represents an area where the upper part of the economy has grown significantly.
The risk reward relationship at $78 is not attractive for new entry. Early trading offers asymmetric growth opportunities that large, stable investments cannot match at this time. The broader market is testing higher levels everywhere, putting pressure on high-yield stocks.
Maxi Doge ($MAXI) is an Ethereum-based meme targeting the 1000x business community, where the culture of the game and the logic of the chain merge with nature. The pre-sale has raised $4.7 million at a current price of $0.0002812, with a massive 60% annual reward available to investors.
The project runs a business competition for those with board prizes, a Maxi Fund for liquidity and partnerships, and a marketing engine based on memes and virality.
For traders looking for SOL support levels bleeding and looking for an opportunity to start investing outside of the general market, looking into the Maxi Doge before the next trade could be the way to go.
A note Solana’s price measures $82 amid the results of the Drift protocol hack appeared for the first time Cryptonews Arabic.
