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Solana Launches $100K Bounty to Boost Anchor Security, SOL Down Over 4%

The Solana Foundation has unveiled a new security bounty program aimed at strengthening the Anchor framework, a key development tool for Solana-based applications. The initiative, which offers rewards of up to $100,000, seeks to identify vulnerabilities that could compromise the integrity of production code. The foundation emphasized that the program targets flaws within the Anchor library itself, not issues arising from individual protocols or developer malpractice. Strengthening the Solana Developer Framework Anchor plays a central role in Solana’s smart contract ecosystem, providing developers with a simplified framework to build secure and efficient programs. By incentivizing community-led security reviews, the foundation hopes to enhance the framework’s resilience against critical bugs. The program covers vulnerabilities related to ownership validation, memory safety, and other core system checks. Rewards are structured based on the severity of the issue uncovered. High-impact discoveries, such as bypasses of key security controls , can earn between $10,000 and $100,000. Medium-level vulnerabilities, including potential denial-of-service (DoS) exploits, qualify for $5,000 to $25,000, while minor findings will receive between $100 and $5,000. The initiative reflects Solana’s broader commitment to maintaining a robust and transparent development environment as decentralized applications grow in complexity. Solana Price Declines Amid Market Correction While the Foundation focuses on infrastructure security, Solana’s native token, SOL, has faced renewed selling pressure. As of press time, SOL trades near $180.05 , down 4.69% in 24 hours and 18.61% over the past week. Its market capitalization stands at roughly $98.47 billion, supported by a circulating supply of 550 million tokens. Source: TradingView According to analyst KledjdiCuni, SOL’s recent breakdown below the $210 mark confirms a bearish reversal pattern. The analyst notes that repeated failures to hold higher highs have shifted control to sellers, signaling weakening momentum. The next key support lies around $170, followed by deeper retracement zones near $135 and $104. However, reclaiming the $220 threshold could negate the bearish setup and reestablish bullish sentiment. TimesTabloid

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Bitcoin Miners Flood Binance With 51K BTC — Is A Sell-Off Imminent?

According to on-chain trackers, bitcoin miners have moved a huge amount of coins to a major exchange in recent days, signaling a clear change in behavior that the market will watch closely. Related Reading: Michael Saylor Issues Rally Cry To Bitcoin Army: “Starve The Bears!” Reports have disclosed miner transfers totaling 51,000 BTC — worth over $5.7 billion — to Binance since October 9. That is a very large flow of supply into a place where coins can be sold quickly. Miners Move Large Amounts To Exchanges On October 11, there was a dramatic spike when miners deposited more than 14,000 BTC to Binance, a day after the market plunged and bitcoin briefly fell to $104,000, an event that wiped out nearly $20 billion in leveraged positions. Based on data, the outflow on that day was the biggest miner transfer since last July. Market participants often read such moves as a tilt from holding toward selling, and that shift can change short-term sentiment fast. Binance Data Indicates That Since October 9, Miners Have Deposited a Total of 51K Bitcoin “The deposit of 51,000 Bitcoins within seven days represents a clear shift in miner behavior from holding to selling or liquidating.” – By @ArabxChain pic.twitter.com/qSN6WGK5bu — CryptoQuant.com (@cryptoquant_com) October 16, 2025 CryptoQuant and other analytics firms caution that moving coins to an exchange does not always equal an immediate sale. Some miners may be posting bitcoin as collateral for futures, funding operational needs, or shifting reserves between wallets for bookkeeping. Still, the market tends to react quickly to visible supply flows. Traders may act on that visible movement even if the coins are not sold right away, increasing price pressure through trading behavior alone. Whales And Funds Buying The Dip Reports have shown that large buyers have been active at the same time. One new wallet reportedly purchased $110 million worth of BTC from Binance, while another fresh address bought 465 BTC (about $51 million) from FalconX. In addition, US spot Bitcoin ETFs have recorded inflows. Those buyers could soak up some of the miner-supplied coins and limit how far the price falls. Market Momentum Remains Fragile After a wild week that erased large amounts of market value, bitcoin has struggled to regain clear momentum. Based on Bloomberg data, the coin was trading near $109,000 on Oct. 17 in Singapore. Bitcoin had hit an all-time high of $126,250 on October 6, so the pullback has been sharp and fast. For the week to Oct. 12, bitcoin slid as much as 6.5%, the largest weekly fall since early March. Related Reading: Biggest Shiba Inu Burn In Months — And It Came From A Coinbase Account Analysts put a key support near $107,000. A firm break below that level could invite deeper losses, they warn. On the flip side, steady buying by large holders and continued ETF demand might keep the market from sliding much further. The tug of war is plain: miners adding potential supply versus big buyers taking the other side. Featured image from Unsplash, chart from TradingView TimesTabloid