Jito Foundation has acquired SolanaFloor and will relaunch the Solana-focused data and news site after it shut down last month in the wake of a $27 million exploit tied to its parent company, Step Finance.
SolanaFloor’s team had explored outside financing and possible buyers but concluded they could not keep the platform running. Jito stepped in and confirmed it has purchased the site, though it declined to disclose the acquisition price. The foundation says SolanaFloor will resume publishing immediately and that the newsroom will retain editorial independence—keeping control over story selection and coverage priorities while continuing to report on network activity, markets and technical developments across the Solana ecosystem.
“When SolanaFloor went dark, the ecosystem lost something difficult to replace,” said Brian Smith, president of Jito Foundation, framing the acquisition as a commitment to the information infrastructure needed for market participants to track on‑chain developments. Jito said it will share more about the platform’s staff, partnerships and commercial plans as the relaunch unfolds.
The comeback comes as Solana itself shows signs of resilience: spot exchange-traded funds tied to SOL now hold nearly $1 billion in assets, and the network’s DeFi total value locked sits around $6.7 billion.
Jito is already an active builder in the Solana stack. The project develops validator software that helps manage transaction ordering and capture maximum extractable value (MEV), a source of additional revenue during block production. Jito also operates a liquid staking service that issues JitoSOL—an ERC‑like token that lets users keep funds active across DeFi while still earning staking rewards.
Under Jito’s ownership, SolanaFloor aims to return as an independent voice covering the technical and market pulse of Solana—back online immediately and preparing more details on its team and future offerings in the coming weeks.
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