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Solana Crypto Foundation Launches STRIDE Program to Strengthen Ecosystem Security

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Solana Crypto Foundation Launches STRIDE Program to Strengthen Ecosystem Security

The Solana Foundation has launched STRIDE – Solana crypto Trust, Resilience and Infrastructure for DeFi Enterprises – a structured security evaluation program covering all Solana-based DeFi protocols, funded through a partnership with security firm Asymmetric Research.

The program arrives five days after the Drift Protocol exploit on April 1, in which attackers drained $286 million in under 12 minutes – a breach that exposed the absence of any standardized, ongoing security baseline across Solana’s DeFi layer.

STRIDE is not a bug bounty or a one-time audit mandate. It is a continuous monitoring framework, independently administered by Asymmetric Research, with tiered benefits tied directly to protocol TVL and public evaluation results available to users and investors.

Whether that structure is sufficient to rebuild institutional confidence in Solana DeFi is the question the market will answer over the next several months.

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Key Takeaways:
  • What It Is: STRIDE (Solana Trust, Resilience and Infrastructure for DeFi Enterprises) is a foundation-funded, structured security evaluation program for all Solana DeFi protocols, administered by Asymmetric Research.
  • How It Works: Asymmetric Research independently assesses protocols across eight security categories – including operational security, access controls, multisig configurations, and governance vulnerabilities – with results published in a public repository.
  • Tiered Benefits: Protocols with over $10M TVL that pass evaluation receive foundation-funded 24/7 threat monitoring; those above $100M TVL unlock formal verification tools using mathematical proofs across all smart contract execution paths.
  • Rapid Response Network: The companion Solana Incident Response Network (SIRN) launches with five founding firms – Asymmetric Research, OtterSec, Neodyme, Squads, and Zeroshadow – sharing threat intelligence with response priority determined by TVL and impact.
  • Current Status: STRIDE version 0.1 is live; the framework will evolve based on real-world assessment feedback, with the first public evaluation reports expected as protocols apply.
  • What to Watch: Track the first published STRIDE evaluation results and any SIRN activations – those two data points will signal whether the program functions as operational infrastructure or credentialing theater.

Discover: The Best Crypto to Get Right Now

What STRIDE Actually Does for Solana Crypto and Why the TVL Threshold Structure Changes the Calculus

The core mechanism: Asymmetric Research evaluates protocols against its own eight-pillar security framework covering operational security, access controls, multisig configurations, and governance vulnerabilities, then publishes those results publicly.

That is not an audit; it is a continuously maintained security rating. The distinction matters because audits are point-in-time assessments that expire when a protocol upgrades; STRIDE’s continuous monitoring model keeps ratings calibrated to evolving threats.

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The tiered benefit structure is where the program’s real incentive logic lives. Protocols above $10 million TVL that pass evaluation receive foundation-funded 24/7 threat monitoring at no cost to the protocol – operational security support that most teams currently cannot fund independently.

Protocols above $100 million TVL receive access to formal verification tooling, which uses mathematical proofs to check every possible smart contract execution path rather than sampling representative scenarios. At current Solana DeFi TVL concentrations, that $100M threshold covers the protocols whose failures carry systemic contagion risk.

Running alongside STRIDE is SIRN – the Solana crypto Incident Response Network – a membership-based coalition of security firms that functions as a shared threat intelligence layer and rapid-response coordinating body.

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The five founding members are Asymmetric Research, OtterSec, Neodyme, Squads, and Zeroshadow. SIRN is open to all Solana protocols, but response prioritization is explicitly ordered by TVL and estimated impact. The foundation funds the coalition’s operations; protocols don’t pay for access.

Prior Solana security infrastructure – Hypernative for threat detection, Range Security for risk alerts, Riverguard for attack simulation, Sec3 X-Ray for static analysis – addressed individual threat vectors. STRIDE’s version 0.1 attempts to unify those capabilities under a single evaluative baseline. Whether version 0.1 evolves quickly enough to match the attack surface expanding in parallel is the core execution risk.

Explore: The Best Pre-Launch Token Sales With Asymmetric Upside Potential

The post Solana Crypto Foundation Launches STRIDE Program to Strengthen Ecosystem Security appeared first on Cryptonews.

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Bitcoin Hovers Around $69,000 as Trump’s Iran Deadline Looms

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Spot Bitcoin ETFs recorded their strongest daily inflows since February on Monday despite ongoing geopolitical tensions.

Crypto markets retreated on Tuesday as President Donald Trump’s self-imposed deadline for Iran to reopen the Strait of Hormuz drew closer, dampening risk appetite across global markets.

Bitcoin is trading at $69,200, according to CoinGecko, recovering from an intraday dip below $68,000 but still well off Monday’s brief push above $70,000. Ethereum is changing hands at $2,112, while Solana trades at $82. XRP fell 1.6% to $1.32.

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BTC Chart

The total cryptocurrency market capitalization stands at approximately $2.45 trillion, down less than 1% in the past 24 hours.

Among the top 100 tokens by market cap, Rain (RAIN) led gainers with a 9.8% rise, followed by Zcash (ZEC), up 8% to $276. On the downside, Algorand (ALGO) dropped 7%, and Avalanche (AVAX) fell 6.2% to $8.75.

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Iran Deadline Dominates Sentiment

Trump escalated his rhetoric early Tuesday, posting on Truth Social that “a whole civilization will die tonight” if Iran fails to comply with demands to reopen the critical shipping lane that handles roughly one-fifth of global oil and gas flows. Vice President J.D. Vance said the military objectives of the war in Iran have been achieved, but the administration’s ceasefire demands remain unmet.

U.S. equities ended the day mostly unchanged, while West Texas Intermediate crude held above $110 per barrel as fears of continued supply disruption weighed on energy markets.

Traders widely expect the Federal Reserve to hold rates steady at its April meeting, reflecting the view that wartime inflation will keep the central bank sidelined.

ETF Inflows Defy Risk-Off Mood

Despite the geopolitical turmoil, spot Bitcoin ETFs posted $471 million in net inflows on Monday, the largest single-day intake since Feb. 25, according to SoSoValue.

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The figure sits well below January’s peak flow regime, when multiple trading days topped $700 million, but marks a notable acceleration after BTC and ETH ETFs reversed a multi-week outflow streak in late February. March saw $1.32 billion in total net inflows, coinciding with Bitcoin’s first green monthly candle in six months.

Liquidations and Derivatives

Bitcoin alone accounted for roughly $92 million in liquidations over the past 24 hours, according to CoinGlass. Liquidations were almost equally shared between long and short positions amid choppy trading.

The Crypto Fear & Greed Index sits at 11, deep in extreme-fear territory and near the lowest sustained readings since the Terra collapse in mid-2022.

Looking Ahead

The immediate catalyst for market direction is the 8 PM ET Iran deadline. Trump has repeatedly extended similar ultimatums in recent weeks, blunting their market impact, but the scale of rhetoric suggests tonight could break the pattern in either direction.

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Bitcoin has been range-bound between $62,000 and $75,000 since early February. A resolution in the Strait of Hormuz standoff would likely trigger a relief rally across risk assets.

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Cardano Whale Activity Climbs, Yet ADA Price Struggles Below $0.25

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR

  • The number of Cardano whale wallets holding over 10 million ADA has reached a four-month high.
  • Whale activity increased by 5.2% over the past nine weeks, despite ADA’s price remaining depressed.
  • ADA’s price is 11% higher than its lowest point in February, but has not shown significant upward movement.
  • Cardano’s network processed over 4 billion ADA in transactions, amounting to over $1 billion in on-chain volume.
  • Large holders accumulated 220 million ADA in March, bringing their total holdings to nearly 14 billion tokens.

The number of wallets holding over 10 million ADA tokens has reached a four-month high of 424. According to Santiment, this marks a 5.2% rise over the past nine weeks, even though Cardano’s price remains subdued. Despite the increased whale activity, ADA continues to trade below its previous highs.

Cardano Whale Activity Shows Strong Accumulation

Recent data from Santiment reveals that ADA’s price is 11% higher than its February 5 low this year. However, the rise in whale activity has not led to an immediate price surge. Santiment suggests that if the accumulation persists while the price remains low, it could eventually lead to a bullish divergence.

Analytics platform TapTools reported a 4 billion ADA transaction volume over the last five days, equating to over $1 billion. This shows that the increased activity among whales is paralleled by rising network usage. Despite this, the price of ADA has not yet reacted positively, remaining stuck below key resistance levels.

ADA’s Struggles Continue Amid Increased Whale Holdings

Whale interest in Cardano has been noticeable for weeks, with analysts like Ali Martinez highlighting that large holders accumulated 220 million ADA in late March. These whales now hold nearly 14 billion ADA, making up around 37% of the total supply. However, ADA’s price continues to remain stagnant, trading at $0.24, a 42% decline in the past three months.

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Even with the accumulation trend, ADA’s price remains 92% lower than its all-time high of over $3. Cardano’s recent performance in terms of trading volume also lags behind competitors like Solana and XRP, which processed $2.6 billion and $1.5 billion in transactions, respectively, over the same period. This shows that while whale activity is increasing, ADA’s broader market performance remains underwhelming.

Bearish Trend Persists Despite Growing Whale Interest

Despite the uptick in whale holdings, ADA continues to trade below its 50, 100, and 200-day exponential moving averages. This keeps the broader trend bearish, regardless of the accumulation. On Twitter, user gnarleyquinn raised concerns, suggesting that Cardano’s market dominance, which has dropped from 4.5% in 2021 to around 0.3% today, may lead to a decline in the coming years.

The ongoing price struggles show that Cardano has not decoupled from the broader altcoin market. While whales continue to accumulate, ADA’s future price movements remain uncertain. It remains to be seen whether the increasing accumulation will ultimately lead to a change in price dynamics for Cardano.

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Americans Lost $11B to Crypto Scams in 2025, Says FBI

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FBI, Fraud, United States, Crimes, Scams

According to the bureau, a large number of minors aged 17 and younger were included in complaints related to crypto or crypto ATMs, resulting in more than $5 million in losses.

The US Federal Bureau of Investigation (FBI) reported that Americans’ losses from crypto-related scams increased to more than $11 million in 2025.

In its annual internet crime complaint report released on Monday, the FBI said that cryptocurrency and AI-related scams were “among the costliest” for Americans in 2025, with 181,565 complaints totaling more than $11 billion. According to the bureau, it received more than one million complaints in 2025 reporting losses of about $21 million due to cyber-enabled crimes.

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FBI, Fraud, United States, Crimes, Scams
Crypto complaints and financial losses have risen sharply in recent years. Source: FBI

The FBI’s Internet Crime Complaint Center reported that investment scams resulted in the highest percentage of victims reporting losses in crypto as opposed to cash, debit cards, gift cards and other media of exchange. In addition, about 10% of the 13,168 complaints involving cybercrimes targeting minors aged 17 and younger were related to crypto or crypto ATMs, resulting in more than $5 million in losses.

The complaints the FBI received were despite the bureau’s efforts to “identify and notify people who are currently falling victim to cryptocurrency investment fraud” through its Operation Level Up in 2024. Globally, blockchain analytics platform Chainalysis reported in March that illicit addresses received $154 billion in 2025, driven in part by sanctions evasions.

Related: Cambodian lawmakers propose severe prison time for crypto scammers

Scammers use Tron blockchain token to con users using FBI

According to the FBI report, there were 32,424 complaints involved in impersonation of government officials, resulting in about $800 million in losses. However, the report did not mention bureau officials issuing a March notice warning Americans that a token on the Tron blockchain was impersonating the FBI with the goal of obtaining personal information.

Tron users reported receiving a token with the FBI logo claiming that their wallet was “under investigation.” The users were then prompted to enter personal information under the guise of an FBI anti-money-laundering verification to avoid their accounts being frozen.

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Magazine: Are DeFi devs liable for the illegal activity of others on their platforms?