Solana's $1B USDC Mint Faces Challenges as Drift App Recovery Continues on June 18

SOL-1.13%
DRIFT4.43%
On June 18, 2026, Solana's $1B USDC mint faced challenges coinciding with a prominent DeFi application shutdown. The Drift application, which remains in recovery, has not yet completed its restoration process. The convergence of these events has raised concerns among users regarding ecosystem stability and application reliability.
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