Solana wallet drainer activity has increased in recent months as the price of SOL has skyrocketed, making holders of SOL and Solana-based memecoins more lucrative phishing targets.
One of the largest online communities devoted to just one popular Solana (SOL) wallet drainer kit has more than 6,000 members, according to blockchain security firm Chainalysis.
Over the last week, several blockchain security firms shared concerns about a growing number of malicious decentralized applications targeting users with Solana-based drainers.
“Phishing on the Solana network isn’t new,” he added, “but with the resurgence of Solana’s price, cybercriminals are beginning to focus on targeting individuals in the ecosystem.”
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Source: https://cointelegraph.com/news/solana-wallet-drainers-target-users-amid-rise-in-sol-price