The breach was attributed to a compromise of staking partner Kiln’s API. However, management stressed that the platform’s infrastructure and core user assets remain secure. According to SwissBorg representatives, internal Solana reserves will be used to cover the losses, allowing for a “significant portion of users’ balances” to be restored, with exact compensation amounts to be determined later. The company has also engaged white-hat hackers and cybersecurity experts in an effort to recover as many funds as possible.

The broader crypto sector is once again under pressure. Earlier this week, a supply chain attack linked to the NPM ecosystem highlighted renewed security risks. Charles Guillaume, CTO at Ledger, advised users without hardware wallets to temporarily avoid on-chain transactions until conditions stabilize. Against this backdrop, investors shifted focus to positive news: Forward Industries announced a $1.65 billion PIPE (private investment in public equity) round, funded in both fiat and stablecoins. The round was led by Galaxy Digital, Jump Crypto, and Multicoin Capital, with C/M Capital Partners — a key shareholder — also participating. Proceeds will go toward launching a digital treasury strategy centered on the Solana ecosystem and on-chain yield mechanisms.

Additionally, Pantera Capital recently revealed plans to establish Solana Co., a structure with up to $1.25 billion in assets, which could make it the largest corporate SOL holder among publicly listed firms. If completed, the project would serve as another source of institutional support for Solana’s blockchain.

Support and Solana Price Forecast

On the daily chart, price continues its correction, holding below the resistance line of the ascending channel (240.00–160.00) that has been forming since spring.

Technical indicators have flipped to a steady buy signal, which is strengthening: EMA bands on the Alligator indicator are expanding upward, while the AO histogram in the buy zone is forming new bullish bars.

  • Support levels: 205.00, 166.00

  • Resistance levels: 225.00, 258.00

Solanа

Trading Scenarios

  • Buy Stop: Long positions may be opened after a breakout above 225.00 with a target at 258.00. Stop-loss at 215.00. Implementation period: 7 days or more.

  • Sell Stop: Short positions may be considered after a breakdown below 205.00 with a target at 166.00. Stop-loss at 215.00.

Scenario

  • Timeframe: Weekly

  • Recommendation: BUY STOP

  • Entry Point: 225.00

  • Take Profit: 258.00

  • Stop Loss: 215.00

  • Key Levels: 166.00, 205.00, 225.00, 258.00

Alternative Scenario

  • Recommendation: SELL STOP

  • Entry Point: 205.00

  • Take Profit: 166.00

  • Stop Loss: 215.00

  • Key Levels: 166.00, 205.00, 225.00, 258.00