TLDR

  • Jito Foundation has purchased and restarted SolanaFloor following a period of inactivity
  • The site returns as a central resource for Solana-related news, research, and data
  • The editorial staff remains autonomous despite Jito’s acquisition
  • Jito continues its work in validator software and liquid staking via JitoSOL
  • A $40 million security breach at Step Finance previously forced the platform to close

The Jito Foundation has acquired the Solana-focused media outlet SolanaFloor, bringing it back online after it went dark earlier this year. The platform ceased operations following a hack at its previous owner, Step Finance. This move brings back a vital resource for traders, developers, and researchers monitoring the Solana ecosystem.

Jito Foundation moves to relaunch SolanaFloor platform

The Jito Foundation finalized its purchase of SolanaFloor, ending months of downtime for the site. Previously known for its data-driven journalism and market coverage, the platform was shuttered when Step Finance collapsed after a significant security breach.

With the relaunch, SolanaFloor will once again provide analytics, ecosystem news, and research regarding the Solana network. The original editorial staff will manage daily content under the new ownership. Jito Foundation clarified that the newsroom will operate independently from the foundation’s technical and infrastructure projects.

The foundation aims to bring back a trustworthy source of information for the community. Since market participants rely on niche media to track network growth and protocol changes, the return of SolanaFloor is expected to improve transparency within decentralized finance and other sectors.

Jito infrastructure expands influence across Solana ecosystem

Jito Foundation provides essential tools for Solana network validators, helping them optimize transaction ordering and capture maximum extractable value (MEV). These tools generate extra revenue based on the sequence of transactions in new blocks.

Additionally, the organization oversees a liquid staking protocol where users can stake SOL and receive JitoSOL tokens. This allows participants to earn staking rewards while maintaining the ability to use their assets in various DeFi platforms for trading or lending.

The Solana network remains strong despite security hurdles and market shifts. Solana-linked ETFs currently hold nearly $1 billion, while the total value locked in Solana’s DeFi ecosystem is approximately $6.7 billion.

Step Finance breach triggered shutdown of ecosystem platforms

Step Finance was forced to close earlier this year after a treasury wallet hack resulted in the loss of about $40 million in SOL. This breach led to the termination of several projects, including Remora Markets and SolanaFloor.

Security analysts noted that the attackers unstaked over 261,000 SOL during the incident, moving the funds through various blockchain addresses. Cybersecurity firms and investigators have been tracking the movement of these assets since the public disclosure of the attack.

Digital asset security remains a major concern, with Chainalysis reporting that roughly $3.4 billion in crypto was stolen in 2025. A few high-profile exchange hacks and coordinated cyberattacks accounted for the majority of these losses.