Cardinal Labs is an infrastructure provider that provides protocol services on the Solana blockchain such as NFT staking, NFT trading, royalties, leasing etc. According to the news I've read, Cardinal Labs has stopped their protocol service since last Wednesday, (28/6) gradually turning off several features such as token management, staking pool creation, social media management, NFT rentals and deposits. So if you are a protocol user it is expected to immediately withdraw funds (crypto) no later than August 26, 2023.
But since Cardinal Solana's announcement was discontinued, Solana's price has gone up, on June 28, Solana's price closed at 15.99 and as of July 1st, Solana's price has reached $18.30,
But since Cardinal Solana's announcement was discontinued, Solana's price has gone up, on June 28, Solana's price closed at 15.99 and as of July 1st, Solana's price has reached $18.30,