Solana Slides Toward $78 After Drift Protocol Reports $200M+ Exploit

Solana (SOL) traded around $78, falling nearly 6% on the day and extending an 11% weekly decline. Drift Protocol said it suffered an exploit, while an on-chain monitor claimed nearly 980,000 SOL was drained and losses exceeded $200 million. The move leaves traders watching whether SOL can reclaim $85 or risks breaking below the $78 support zone.