Following the lawsuit announcement, Solana's price dropped from approximately $193 to $183 but has since seen a slight recovery, currently trading around $192.80.

Stephen Akridge, co-founder of Solana, is facing a lawsuit filed by his ex-wife, Elisa Rossi, who alleges he earned millions from staking her SOL tokens without her consent.

The lawsuit was initiated on December 24, 2024, in the Superior Court of San Francisco, highlighting the complexities of asset division in cryptocurrency during divorce.

In their divorce agreement from March 2024, Akridge and Rossi included provisions for dividing their SOL assets, which are now under dispute.

Market analysts express skepticism regarding the approval of Solana ETFs, suggesting that regulatory hurdles under the current administration may impede progress.

Despite the ongoing legal challenges, Solana has experienced substantial growth, driven by increased investor confidence and a robust ecosystem.

The incident has attracted considerable attention within the crypto community, reflecting the intricate relationship between personal affairs and financial technology.

Despite Rossi's communications regarding the staking rewards, Akridge reportedly dismissed her requests, prompting her to seek legal recourse.

While the exact amount of withheld staking rewards has not been disclosed, Rossi claims it amounts to millions of dollars, raising significant concerns about digital asset ownership.

Rossi discovered Akridge's staking activities in May 2024, leading to her claims that he retained access to her tokens while providing her with limited authority over their accounts.

This legal conflict underscores the growing relevance of blockchain technology in legal matters, particularly as cryptocurrency investments become more prevalent in personal relationships.

As of now, Solana is the sixth largest cryptocurrency by market cap, valued at approximately $192, down significantly from its all-time high of $263.