Deep Dive
1. Solana Endures 6 Tbps DDoS Attack (16 December 2025)
Overview:
During a historic 6 terabits-per-second DDoS attack on Solana, Pipe Network’s CEO David Rhodus described the event as “industrial-scale,” noting it was among the largest internet attacks ever. Solana maintained sub-second transaction confirmations and stable slot latency, showcasing network upgrades critical for Pipe’s infrastructure layer.
What this means:
This is neutral for PIPE. While Solana’s stability supports Pipe’s underlying blockchain, the attack underscores systemic risks for DePIN projects. Pipe’s reliance on Solana’s performance ties its operational credibility to the chain’s resilience. (CoinMarketCap)
2. Mainnet Launch & Token Slump (8 October 2025)
Overview:
Pipe launched its mainnet alongside the PIPE token, positioning itself as a decentralized cloud platform integrating CDN, storage, and AI. Despite initial technical promise, PIPE dropped from $0.30 to $0.23 within hours, driven by community frustration over delayed testnet contributor rewards.
What this means:
This is bearish short-term but neutral long-term. The sell-off reflects speculative volatility, but the network’s testnet metrics—60 petabytes of data delivered via 290,000 nodes—signal foundational traction. (Blockworks)
3. KuCoin, Bitrue Listings (7–8 October 2025)
Overview:
PIPE listed on KuCoin, Bitrue, and Gate.io, broadening access to its burn-to-credit token model. The listings followed Pipe’s integration with Jito’s restaking protocol, enabling liquid staking (LovePIPE) to incentivize high-performance node operators.
What this means:
This is bullish for PIPE. Exchange support enhances liquidity, while Jito’s infrastructure aligns with Pipe’s goal of decentralized bandwidth optimization. However, adoption hinges on proving cost efficiency against centralized rivals like Cloudflare. (KuCoin)
Conclusion
Pipe Network balances operational milestones (mainnet, listings) with market skepticism (token volatility, reward disputes). Its Solana-based infrastructure faces a critical test: converting technical resilience into sustainable adoption. Will Pipe’s hyperlocal CDN nodes gain traction against AWS, or remain niche in a competitive DePIN landscape?