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- Jacob Creech revealed that there’s a $400K reward for anybody who can determine bugs in Solana’s code.
- This reward is without doubt one of the a number of rewards up for grabs in Solana’s new bug bounty program.
- Over the previous few days, SOL’s worth dropped under the important thing $22.20 help degree.
The pinnacle of developer relations at Solana (SOL), Jacob Creech, revealed in an X (previously Twitter) put up, that there’s a $400K reward for anybody who can determine bugs in Solana’s code base. Based on the bug bounty, $400K is up for grabs to any developer who can determine a bug within the code that would result in lack of availability.
This reward can be paid in SOL tokens, which can be locked for 12 months. Notably, this reward is one in all a number of supplied by the Solana Basis’s bug bounty program.
There’s additionally a $100K payout to anybody who is ready to execute a denial of service (DoS) assault towards the community. Moreover, a whopping $1 million reward will exit to anybody who is ready to exploit safety flaws in Solana’s consensus security.
In the meantime, at press time, CoinMarketCap information indicated that SOL was buying and selling palms at $21.38. This was after the altcoin suffered a 1.56% loss over the previous 24 hours. Along with the detrimental day by day efficiency, the cryptocurrency’s weekly efficiency was within the purple as nicely, with the newest worth lower pushing it all the way down to -8.53%.
From a technical perspective, SOL’s worth had fallen under the important thing $22.20 help degree over the previous few days. This has opened up the danger of the altcoin doubtlessly dropping to the following crucial worth level at $19.35 within the quick time period. A day by day candle shut above $22.20 within the subsequent 48 hours might invalidate this bearish thesis.
On this situation, SOL’s worth might try a problem on the $25.55 resistance degree inside the following week. Thereafter, if the shopping for stress persists, SOL might flip this degree into help to doubtlessly rise to as excessive as $29.30.
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