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 ￰0￱ initiative, which offers rewards of up to $100,000, seeks to identify vulnerabilities that could compromise the integrity of production ￰1￱ foundation emphasized that the program targets flaws within the Anchor library itself, not issues arising from individual protocols or developer ￰2￱ 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 ￰3￱ incentivizing community-led security reviews, the foundation hopes to enhance the framework’s resilience against critical ￰4￱ program covers vulnerabilities related to ownership validation, memory safety, and other core system ￰5￱ 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 ￰6￱ Price Declines Amid Market Correction While the Foundation focuses on infrastructure security, Solana’s native token, SOL, has faced renewed selling ￰7￱ of press time, SOL trades near $180.05 , down 4.69% in 24 hours and 18.61% over the past ￰8￱ market capitalization stands at roughly $98.47 billion, supported by a circulating supply of 550 million tokens.