Solana Targets Durable Nonces After $270M Drift Hack as Pump.fun Backlash Grows

Solana developers are preparing to remove durable nonces, the transaction feature exploited in April’s $270 million Drift Protocol hack. The proposed change marks a major shift in how the network handles offline approvals, with implications for exchanges and institutional custodians. The proposal, known as SIMD-0723, would retire a mechanism that allows signed transactions to remain valid indefinitely. Attackers reportedly exploited this functionality to execute pre-approved transactions more than a week after obtaining signatures from Drift’s security council. The move comes as Solana faces another challenge closer to its retail ecosystem. Pump.fun is facing growing community criticism over platform fees, influencer promotions, and allegations of hidden-wallet trading. Together, the developments put renewed attention on security, transparency and trust across Solana’s ecosystem.