Allbridge Core temporarily halted its protocol as a precaution after an outflow worth $1.65 million. Cointelegraph reported the incident occurred on July 19 on the Allbridge Core Solana deployment. The attacker moved the stolen funds from Solana to Ethereum and then to a privacy pool. Allbridge Core said it paused the protocol during its investigation and asked liquidity providers in affected pools to withdraw funds.

Solana\'s SOL rebounded in a day from a low of $64 to $72, but total value locked and decentralised exchange volumes continued to slow. Cointelegraph said the rebound was influenced by a surge in tokenised stock trading on the Solana network, with 24-hour volume topping $113 million on Jupiter. On-chain indicators were mixed, while DApp revenue and weekly DEX volume fell. Derivatives funding rates rose, and some investors priced in airdrop expectations.