The Jito Foundation has stepped in to revive SolanaFloor, the Solana-focused data and news outlet that went dark last month after a $27 million exploit tied to its parent company, Step Finance. Jito confirmed it has acquired the platform and will relaunch publishing immediately—though it declined to disclose the price paid.
SolanaFloor shuttered after the exploit left the team unable to continue. The staff explored outside financing and potential buyers before agreeing to the acquisition. Jito says the newsroom will come back online right away and will keep covering on-chain activity, market movements and technical developments across the Solana ecosystem.
“We lost something difficult to replace when SolanaFloor went dark,” said Brian Smith, president of the Jito Foundation, framing the acquisition as an investment in the information infrastructure that helps market participants follow on-chain events. Jito has emphasized that SolanaFloor’s editorial team will retain control over story selection and coverage priorities, calling out editorial independence as a core condition of the deal.
The relaunch arrives at a moment of continued resilience for Solana. Spot ETFs tracking SOL now hold close to $1 billion in assets, and total value locked across Solana’s DeFi projects sits around $6.7 billion—figures Jito highlighted as evidence of ongoing activity on the chain.
Jito itself is already a visible part of Solana’s infrastructure. The foundation develops software for validators that optimizes transaction ordering and captures maximum extractable value (MEV)—an additional revenue stream that can arise during block production. Jito also operates a liquid staking system: users can stake SOL and receive JitoSOL, a token that continues to work across DeFi while accruing staking rewards.
Under Jito’s ownership, SolanaFloor will remain editorially managed by its existing newsroom. The foundation said it will share more about the platform’s team, partnerships and commercial offerings as the relaunch progresses. For readers and market watchers, the resurrection of SolanaFloor restores a dedicated outlet for tracking the fast-moving technical and market stories shaping the Solana ecosystem.
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