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DeFi's Solana Embrace
Published on May 15, 2024
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Illegal Sandwich
  1. 🥪 DOJ Charges Brothers in $25M MEV Exploit. Prosecutors argue brothers who 'sandwiched the sandwichers' guilty of wire fraud.
    Read more on Bankless.
  2. 🌞 Sonne Finance Suffers $20 Million Hack. The platform's native token plunged 55% following the attack.
    Read more on Bankless.
  3. 👔 Does Vanguard's New Bitcoin Bull CEO Signal Shift? Former BlackRock exec Salim Ramji takes the helm at the crypto-skeptical asset manager.
    Read more on Bankless.
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Crypto Rallies Off Inflation
Bankless Author: Jack Inabinet

📊 Cooling Inflation. Crypto assets popped this morning off of key inflation signals from April. What did the data say, and why have markets interpreted it as a sign to buy?

Prices as of 5pm ET 24hr 7d
Crypto $2.38T ↗ 5.9% ↗ 4.8%
BTC $65,840 ↗ 7.0% ↗ 7.0%
ETH $3,022 ↗ 4.6% ↗ 2.7%
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ETH’s DeFi Scene Eyes Solana
Bankless Author: Jack Inabinet

Solana solidified its status as a top-tier blockchain after emerging like a phoenix from the ashes of the FTX/Alameda collapse.

In the community-led renaissance that followed, it was the sweat of Solana-native teams that greased the wheels of progress, but following a steady build of SOL prices and DeFi metrics, non-native protocols are ready to pounce on the opportunity.

Here are the ETH protocols looking to build on SOL 👇


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Don't Miss Another Airdrop!

Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after's airdrop. Did you miss out again? was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 100 other crypto protocols in Airdrop Hunter waiting for you.

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