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It cited security as the core reason for the migration, in an apparent response to the recent exploit of LayerZero-powered Kelp DAO.

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Jito Foundation has teamed up with Nasdaq-listed Solana Company to expand institutional-grade Solana validator and staking infrastructure across the Asia-Pacific region. The move comes as blockchain networks compete to attract regulated financial institutions and professional investors, analysts said.

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Decentralized exchange (DEX) activity surged over the past 24 hours, with meme-linked pairs on Solana (SOL) dominating trend charts as HANTA (HANTA) posted a four-digit rally—an abrupt move that underscored the market's continued appetite for ultra-high-beta tokens despite pockets of sharp drawdowns. Data from DEX Screener dated May 8 UTC showed HANTA/SOL as the top trending pair, trading around $0.0187 after rising roughly 1,166% over 24 hours.

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About 100K Bitcoin has left Binance, OKX, and Gemini since February 2026, pushing exchange reserves to their lowest level in years.