Pump.fun, a Solana memecoin launchpad, sold 47,994 SOL for about $5.83 million, pushing its total SOL liquidations above $848 million since early 2024. The platform generates revenue through 1% fees on token launches and trades, converting much of its earnings from SOL to cash systematically. It also supports its native PUMP token through a buyback-and-burn mechanism using half its net revenue. This steady selling influences Solana's market liquidity, especially during slower trading periods when large sales can impact prices more significantly.
Solana (SOL) trades at Rp2,165,090 on Pluang as of Sep 27, 2026 08:01 WIB, down 0.68% over the past day. Despite the recent large-scale SOL sales by Pump.fun, the platform shows a balanced market with 38% sell and 62% buy orders, and a typical hold time of 70 days. This contrasts with the significant cumulative liquidations exceeding $848 million since early 2024, highlighting ongoing volatility in Solana's market liquidity.
Pump.fun recently sold 47,994 Solana (SOL) tokens valued at about $5.83 million, adding to its large cumulative sales. The platform has now sold a total of 5,236,623 SOL tokens, with an estimated combined value of approximately $848 million. The aver...
Solana's price rose to $121 on September 26, 2026, marking an 8.6% weekly gain, fueled by over $360 million inflows into US spot ETFs. Nearly 69% of Solana's supply is staked, offering a gross yield of 5.27%, though net yields vary after fees and ris...
Solana (SOL) is forecasted to trade at an average price of $125.23 by October 1, 2026, representing a 4% increase from its current price of around $120. This prediction is based on a consensus from three AI models and technical indicators like MACD a...
Traders on prediction markets Polymarket and Kalshi are wagering millions on whether Ethereum, Solana, and Zcash will reach specific price milestones before the end of 2026. Ethereum has a 70% chance of hitting $3,000, Solana a 60% chance of reaching...
Solana (SOL) surpassed the $119 resistance level, reaching $122 for the first time since January, supported by six consecutive trading sessions of Spot ETF inflows totaling over $235 million. Positive buying indicators such as a rising Delta and nega...
