# DeFi's Solana Embrace

*Author: Bankless*
*Published: May 15, 2024*
*Source: https://www.bankless.com/setting-up-solana-shop*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/Group-630--4-.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=eths-defi-scene-finds-solana&email=true)

  
DeFi's Solana Embrace
  

  
  Published on May 15, 2024

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  View in Browser

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Illegal Sandwich
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/Group-15--26-.png)](https://www.bankless.com/dashboard)- 🥪 **DOJ Charges Brothers in $25M MEV Exploit. **Prosecutors argue brothers who 'sandwiched the sandwichers' guilty of wire fraud.
[*Read more on Bankless.*](https://www.bankless.com/sandwich-crime)
- 🌞** Sonne Finance Suffers $20 Million Hack. **The platform's native token plunged 55% following the attack.
[*Read more on Bankless.*](https://www.bankless.com/sonne-finance-hack)
- **👔 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.*](https://www.bankless.com/does-vanguards-new-bitcoin-bull-ceo-signal-shift)

.  .  .

 
  
    

    TODAY IN MARKETS

  
  
    
Crypto Rallies Off Inflation
  
  
   
     
     Bankless Author: 
     
      [
       
       Jack Inabinet](https://twitter.com/JackInabinet)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-15T162314.951.png)](https://www.bankless.com/crypto-rallies-inflation)**📊 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?*

[Read More Analysis on Bankless.com](https://www.bankless.com/crypto-rallies-inflation)

Prices as of 5pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.38T
       

  
    
    ↗ 5.9%
    
  

   
    
    ↗ 4.8%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $65,840
       

  
    
    ↗ 7.0%
    
  

   
    
    ↗ 7.0%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,022
       

  
    
    ↗ 4.6%
    
  

   
    
    ↗ 2.7%
    
  

  

.  .  .

 
  
    

    ANALYSIS

  
  
    
   
ETH’s DeFi Scene Eyes Solana
  
  
   
     
     Bankless Author: 
     
      [
       
       Jack Inabinet](https://twitter.com/JackInabinet)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-15T162321.707.png)](https://www.bankless.com/eths-defi-scene-finds-solana)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 *👇

[Get the Full Details](https://www.bankless.com/eths-defi-scene-finds-solana)
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