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Solana Price Surges 4% Amid $400k Bounty for Security Vulnerabilities

Solana, a competitor of Ethereum, has seen a surprise increase of 4% in its price amidst a broader market sell-off. The current Solana price is $22.07, with a market cap of $9.1 billion. This surge in price coincides with the announcement of a $400,000 reward by the Solana Foundation for anyone who can find a code capable of "turning off" Solana, which is part of a broader security bug bounty program. The program encourages ethical hackers to identify vulnerabilities in the blockchain, with rewards ranging from $1 million to $2 million in locked SOL tokens.

Ethereum Ethereum $3,405.88
-0.16%
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