Jakarta, Pintu News – The Solana Foundation is launching a new push on security as SOLs again face selling pressure in the market. As such, the network is working to strengthen the confidence of developers and investors at a crucial moment. The STRIDE program and related initiatives are focused on monitoring, evaluation and rapid response.
Moreover, these moves come as Solana (SOL) continues to expand its decentralized finance ecosystem. However, SOL’s price has declined, raising questions about market sentiment in the short term.
The STRIDE program is at the core of Solana’s latest security strategy. It assesses protocols through a structured framework built on eight security pillars.
In addition, each project will be evaluated by an independent firm, and the assessment results will be published publicly. Thus, users and investors can gain clearer visibility into the risks in the ecosystem.
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Protocols that have a total value locked (TVL) above $10 million will receive continuous monitoring after passing the evaluation. This monitoring takes place around the clock to detect suspicious activity as early as possible.
Importantly, protocols with greater value will be under greater scrutiny according to their level of risk exposure. In addition, this approach is designed to prevent small vulnerabilities from developing into major incidents.
For larger protocols with TVLs beyond $100 million, the foundation will support a formal verification process. This process uses mathematical proofs to test every possible execution path.
As a result, the approach helps eliminate unknown vulnerabilities before deployment. This additional layer of protection also strengthens trust in high-value decentralized applications.
Solana also introduced the Solana Incident Response Network to address ongoing threats. This network involves firms such as Asymmetric Research, OtterSec, and Neodyme. In addition, its presence enables faster coordination in the event of a security breach.
This network prioritizes responses based on the scale of the protocol affected. In addition, threat intelligence information is shared between participants to reduce response time. Thus, the ecosystem benefits from a collective defense system, rather than an isolated effort.
In addition to STRIDE and SIRN, Solana also continues to provide various tools for developers. These include monitoring systems, simulation tools, and static analysis platforms. As a result, builders can spot potential weaknesses from the early stages of development. This proactive approach helps minimize long-term risks.
Solana’s native token is currently trading around $79.26, reflecting the ongoing downward pressure. It lost almost 4% in 24 hours (7/4) and has shown a weak trend over the past week. According to Shah, the long-term outlook still points to strong upside potential if market conditions improve.
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However, the current price movement structure is still bearish in the short term. The price action shows a pattern of lower highs and lower lows after previously peaking in the range of $250 to $300. Importantly enough, the market is now testing the main support area in the $70 to $75 range. If this level is broken down, the price has the potential to move towards $50.
Meanwhile, the resistance levels are in the range of $100 to $120, and then continue in the $150 area. Therefore, price recovery will largely depend on the ability to reclaim these levels with the support of strong trading volumes.
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