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Solana

avoid.net/solana→62/100·85% conf.
[VERIFIED]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·2XRL5T…M9b6

Summary

Solana is a high-performance blockchain platform that has experienced significant technical instability, ecosystem fraud, and regulatory challenges since its 2020 launch. While positioned as an "Ethereum killer," the network has suffered from multiple outages, massive meme coin scams, and legal scrutiny regarding its centralization and potential securities classification.

Connected Entities

10 entities · 60 linked investigations
Organizations
□Pump.fun / Solana Labs / Jito Labs — RICO MEV Class Action (SDNY 2026)20□Ethereum64□Alameda□Drift□Solana□Slope Wallet□Alameda Research
Protocols
⌂Firedancer63⌂Drift Protocol
Tokens
♦Coinbase
Relationships
  • Slope Wallet→mentioned with→Solana(80%)
  • Slope Wallet→mentioned with→Ethereum(70%)
  • Ethereum→mentioned with→Coinbase(60%)
  • Alameda Research→mentioned with→Alameda(70%)
  • Slope Wallet→mentioned with→Pump.fun / Solana Labs / Jito Labs — RICO MEV Class Action (SDNY 2026)(75%)
  • Alameda→mentioned with→Alameda Research(80%)
  • Solana→mentioned with→Pump.fun / Solana Labs / Jito Labs — RICO MEV Class Action (SDNY 2026)(80%)
  • Solana→mentioned with→Drift Protocol(80%)
  • Solana→mentioned with→Alameda Research(80%)
  • Drift→mentioned with→Solana(80%)
  • + 11 more
Have evidence about Solana?

Timeline(10 events)

16 March 2020

Solana mainnet launched

Wikipedia

14 September 2021

17-hour network outage caused by transaction spam during Grape Protocol IDO

Wikipedia

July 2022

Class action lawsuit filed against Solana Labs alleging unregistered securities sales

Wikipedia

3 August 2022

9,231 Solana wallets hacked, $8 million stolen due to Slope Finance vulnerability

Wikipedia

October 2022

6-hour network outage due to consensus bug in validator client

Wikipedia

11 November 2022

SOL price dropped 40% following FTX bankruptcy announcement

Wikipedia

6 June 2023

SEC sued Coinbase alleging SOL is an unregistered security

Wikipedia

6 February 2024

Last major network outage lasting 5 hours

Protos

2025

SOL reached all-time high of $294 following Trump memecoin launch

Wikipedia

April 2026

Drift Protocol on Solana suffered $285 million hack

PYMNTS
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (6 events). 5 of 5 cited source URLs have an Internet Archive snapshot.

Fact-checked 2026-09-0921 claims checked4 corrections pending0 applied⛓ anchoredSee findings →

model: claude-sonnet-4-20250514

generated: 4/28/2026, 9:13:07 PM

last updated: 7/24/2026, 3:59:06 PM

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