Avici said all user balances affected by the Solana card contract incident have been fully restored, with an additional 10% cashback on the amount withdrawn. The relevant Solana contract has been updated, and no further related activity has been observed. Avici said its

What happened

Avici announced that all user balances impacted by a Solana card contract incident have been fully restored. Users also received an extra 10% cashback on the amount withdrawn. The Solana contract was updated, and no further related activity has been observed.

Confirmed

Global impact / market context

This news matters because it shows Avici is working to fix a problem and keep users happy. Restoring balances and giving cashback may help build trust in the Solana card system, which could support continued use of Solana for payments.

Analyst inference

For Solana, this incident and its resolution could influence how investors view the network's reliability. A smooth fix may reduce worries about technical risks, while any lingering concerns could affect confidence in Solana-based products and their future adoption.

Analyst inference

What to watch

1. Watch for any further statements from Avici about the Solana card contract incident, since the company said no additional related activity has been observed so far. Confirmed
2. Consider monitoring whether other Solana-based card services announce similar security updates or user compensation, which could indicate broader industry practices following this incident. Proposed
3. Observe how Solana's price and trading activity respond over the coming days, as investor confidence may shift based on how smoothly this contract issue was resolved. Analyst inference

Affected assets

• SOL — Solana

Evidence

• x.com