Solana’s Bullish Surge: Whale Activity Signals $200 Target by May’s End

Solana (SOL) has experienced a remarkable 50% rebound from recent lows, with analysts now eyeing the $200 mark by the end of May. This surge is backed by significant whale activity, highlighting growing institutional confidence in the asset. Over a short period, three new wallets withdrew a staggering 145,000 SOL (worth approximately $21.8 million) from Kraken, signaling strong accumulation trends among large investors. On-chain data further reinforces this bullish sentiment, as such withdrawals typically indicate expectations of future price appreciation. The $200 threshold is now seen as both a psychological and technical milestone for Solana, with the cryptocurrency community closely watching its trajectory.

Solana Price Eyes $200 After 50% Rebound, Whale Accumulation

Solana (SOL) has surged 50% from recent lows, with analysts targeting $200 by May’s end. Whale activity underscores growing institutional confidence, as three new wallets withdrew 145,000 SOL ($21.8M) from Kraken in hours.

On-chain data reveals a clear accumulation trend among large investors. Such withdrawals typically signal bullish expectations for asset performance. The $200 threshold now serves as a key psychological and technical benchmark.

Solana Quietly Patches Critical Token Vulnerability

Solana engineers have addressed a critical vulnerability in the network’s Token-22 confidential tokens program. The bug, discovered in the ZK ElGamal Proof program, could have enabled attackers to mint unlimited tokens or drain them from any account.

The patch was deployed discreetly before public disclosure, sparking debate across crypto communities. While the exploit would have only affected confidential tokens, its potential impact on Solana’s ecosystem was significant enough to warrant immediate action.

This incident highlights the ongoing security challenges facing blockchain networks as they implement advanced cryptographic features. Solana’s rapid response demonstrates the network’s commitment to maintaining stability, though questions remain about disclosure protocols.

Solana Validator Upgrade Boosts Block Capacity by 20%, Enhances Scalability

Solana (SOL) is set to implement a significant network upgrade through Agave v2.2, its validator client update. The enhancement increases block capacity by 20%, directly improving throughput and scalability. Helius, Solana’s development optimization service, announced the rollout on May 5, 2025.

The update raises block limits from 50 million to 60 million compute units, enabling higher transaction processing speeds. Additional improvements target network stability and developer tooling, reinforcing Solana’s position as a high-performance blockchain.

Solana Discloses Zero-Knowledge Proof Bug in Confidential Transfers Feature

Solana validators quietly patched a critical vulnerability in mid-April after ecosystem leaders coordinated via cryptographic hashes on social media. The flaw, rooted in the network’s zero-knowledge proof implementation for confidential transfers, could have enabled unlimited token minting by sophisticated attackers.

This marks the second such security incident since August 2023, when a similar vulnerability was discovered in Solana’s token-2022 standard. The confidential transfers feature allows address privacy while maintaining verifiable transaction authenticity.

The swift validator response demonstrates Solana’s evolving security protocols, though repeated issues in its advanced cryptographic features may prompt reevaluation of implementation timelines for cutting-edge cryptography in production environments.