Solana Targets Durable Nonces After $270M Drift Hack as Pump.fun Backlash Grows

Brief

By Dextape Desk · November 9, 2026

Solana developers are moving to eliminate durable nonces, a transaction feature that attackers used in April to exploit Drift Protocol, which lost at least $270 million. Under the proposal labeled SIMD-0723, filed on November 5 by contributor Gabe Rodriguez of Anza, the network would stop allowing signed transactions to stay valid indefinitely and would require recent blockhashes instead. The earliest mainnet activation date is May 5, 2027, and the change still needs technical sign-off and migration planning. Solana is also looking at replacement programs for offline signing. Separately, Pump.fun faces growing criticism: on November 6 Lookonchain reported a transfer of 76,111 SOL, worth about $6.85 million, to Kraken, and Bubblemaps alleged influencers bought tokens through undisclosed wallets before promoting them, with estimated profits of $125,000.

Why it matters: The proposal would change how Solana handles offline approvals for exchanges and institutional custodians, while Pump.fun's controversies raise trust questions.

Mentioned: Solana, Kraken (Payward)

Summary by Dextape, based on reporting by Cryptonews. Machine-written from Cryptonews’ report and checked against it · How Dextape writes