ChainCatcher News reports that, according to CoinDesk, Backpack CEO Armani Ferrante stated that the Solana ecosystem has become more focused on a more pragmatic area over the past year: financial infrastructure.
After years of exploration in the cryptocurrency space around NFTs, gaming, and social tokens, people’s attention is now shifting back to decentralized finance, trading, and payments.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Exodus Movement 3 月末 BTC 持有量增至 628 枚,SOL 增至 17,541 枚
Gate News message. On April 8, publicly listed self-custody crypto company Exodus Movement released updated data on its digital asset holdings as of the end of March. The data shows that the company’s Bitcoin holdings increased to 628 coins (a net monthly gain of 18 BTC), its Ethereum holdings increased to 1,857 coins (a net monthly gain of 17 ETH), and its Solana holdings increased to 17,541 coins (a net monthly gain of 1,847 SOL).
GateNews21m ago
SOL Strategies Acquires Darklake Labs to Accelerate Zero-Knowledge Privacy Via Solana
SOL Strategies Inc. has acquired Darklake Labs for $1.2M to enhance zero-knowledge privacy on the Solana network, strengthening its position in decentralized finance and securing on-chain transactions. The move integrates Darklake's expertise, aiming to bolster financial security and advance product development.
BlockChainReporter1h ago
$285M Solana Disaster – Here’s What Actually Happened
On April 1, 2026, things fell apart on Solana (SOL). Drift Protocol got hit with a $285 million exploit, and within hours, its token crashed hard. The impact didn’t stop there, it quickly spread to other connected protocols.
This breakdown is based on reporting and analysis from Coin Bureau wi
CaptainAltcoin4h ago
Nasdaq-listed DeFi Development held 2.22 million SOL at the end of March, and the dfdvSOL holdings increased to over 656,000 SOL.
Gate News message, April 8, DeFi Development, the Solana treasury company listed on Nasdaq, released its latest operational report. The report shows that as of the end of March, the company held 2.22 million SOL, and its liquid staking token dfdvSOL holdings have increased from 513k to more than 656k. In addition, DeFi Development said it will continue to advance its strategic investment in the stablecoin protocol Apyx.
GateNews9h ago
Solana DEX Stabble Urges Liquidity Providers to Withdraw Funds After Identifying Former North Korean Employee
Solana-based decentralized exchange Stabble issued an emergency warning on April 7, 2026 urging liquidity providers to withdraw their funds immediately after online sleuth ZachXBT revealed that a North Korean IT worker had been employed at Elemental, a Solana DeFi infrastructure project, and that the same individual had previously worked at Stabble approximately one year ago.
CryptopulseElite9h ago
Drift Protocol announced a hacker incident recovery plan and will participate in the Solana Foundation STRIDE security mechanisms
Gate News update: On April 8, Drift Protocol posted an update on the incident response process for the hack. Drift said that it is currently actively working with asymmetric research and OtterSec to develop a coordinated and aligned recovery plan. At this stage, the primary focus is to stabilize the situation and provide protocol-level assurances for all affected users and partners. In addition, Drift will participate in a security mechanism under the Solana Foundation.
GateNews9h ago