A high-profile crypto hack, where the thief stole over $300 million from Coinbase users, has shown a dramatic shift in strategy. Recent data reveals that this hacker moved a significant sum of $7.95 million worth of Solana (SOL) tokens—equivalent to 38,126 SOL at $209 per token – within the past two hours, according to blockchain analytics firm Lookonchain. This move signals a strategic shift away from Ethereum to Solana’s DeFi ecosystem. The hacker utilized deBridge, a popular bridge for fast and secure transfers between Ethereum and Solana, to accomplish this. This is notable considering that earlier this year the hacker sold $69.25 million worth of Ethereum (ETH). 8.06% price surge in Solana’s price makes this move even more intriguing. This shift coincides with growing institutional adoption of Solana as a leading player in DeFi and the recent launch of new blockchain projects like Firedancer and Alpenglow, which aim to challenge Ethereum’s dominance. The timing of this transfer raises questions about market manipulation. Analysts wonder if the hacker is intentionally manipulating the price of SOL for potential profit from these increased volumes. Reactions within the crypto community have been mixed: while some applaud the hacker’s bold move and see it as a sign of Solana’s growing prominence in the market, others are concerned about its potential for misuse and whether this is ethical given the source of their funds. As the crypto landscape continues to evolve, this incident highlights the need for stronger security protocols and a deeper understanding of the risks involved in blockchain technology.