Sandbox Token Surges Amid Suspected Mint Attack Inflation Risk

The Sandbox's SAND token has seen a significant rally, but not for the reasons its investors might want. On August 22, 2026, on-chain researchers reported that several hundred million SAND tokens may have been minted in a suspected security violation.

This could indicate acute supply inflation risk for the token, which already had concerns about its price and liquidity. The South Korean exchange Upbit warned traders to treat SAND with 'special caution', flagging CEX trading risks and potential impacts on investor confidence while investigations proceed.