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The Drift attack was like an earthquake at the heart of the Solana system🧨, the largest breach since Wormhole, will trust be disrupted for long or will it
$\u003cc-17/\u003e1 Risk appetite decline: After the Drift breach of $285 million, traders resorted to liquidating DeFi positions on Solana, which reduced overall activity on the network; however, institutional demand remains the main factor preventing a complete collapse.
2 Shift in market structure: The halt of the Drift protocol restructured financing positions on Solana from perpetual contracts to small DEXs, reflecting liquidity on secondary tokens and creating temporary pressure on SOLUSDT without breaking the upward structural trend.
2 Shift in market structure: The halt of the Drift protocol restructured financing positions on Solana from perpetual contracts to small DEXs, reflecting liquidity on secondary tokens and creating temporary pressure on SOLUSDT without breaking the upward structural trend.
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