CryptoUpdated•Originally published 12 October 2026•Updated 12 October 2026•
1 min read
Massive Address-Poisoning Scheme Targets 4.5 Million Solana Wallets
Key Facts
1The Solana network has accounted for more than 50% of daily total crypto transactions over the past five months.
2The network processed about twice as many transactions as other major chains combined.
An address-poisoning scheme has targeted 4.5 million wallets on the Solana network, leading to significant security breaches for users. Reports indicate that one victim transferred 30,749.80 USDT to a lookalike address created by attackers as part of this large-scale operation.
This security threat emerges while Solana maintains a dominant position, accounting for over 50% of daily crypto transactions for five consecutive months according to ZyCrypto. However, the SOL token is currently facing technical pressure, trading within a support zone between $100 and $118 after a pullback from $126, making network safety a critical factor for its near-term stability.