Pump.fun has expanded its trading platform to support multiple EVM-compatible blockchains including Ethereum, Base, and BNB Chain, allowing users to trade across these networks using SOL as the settlement currency. This eliminates the need for bridging assets or holding native gas tokens, as the platform covers gas fees on the backend. Originally a Solana-based memecoin launchpad, Pump.fun's move to multi-chain trading aims to reduce friction and broaden its market reach, though challenges like liquidity fragmentation and gas fee sustainability remain. This expansion could increase demand for SOL while diversifying activity beyond the Solana network.
Pump.fun, originally a Solana-based memecoin launchpad, now supports trading across multiple EVM-compatible chains like Ethereum, Base, and BNB Chain using SOL as the universal currency. Users can trade without managing gas tokens or bridging assets,...
The Solana ecosystem is experiencing strong growth driven by the Bitwise Solana Staking ETF, which has attracted nearly $1 billion in cumulative net inflows. This institutional demand is boosting liquidity across Solana protocols, increasing total va...
Solana has become the dominant platform for trading foreign tokens, capturing nearly 40% of decentralized exchange (DEX) activity, surpassing Hyperliquid in spot trading volume. Its fast transaction speeds and low fees attract traders, especially for...
Markets reacted positively to President Trump's announcement of a potential Middle East peace agreement, causing oil prices and bond yields to fall sharply. This decline helped boost stocks, with the Nasdaq rising 1.4% in early trading. Chip stocks l...
Solana (SOL) has been trading below the $100 mark for four months, stuck in a consolidation range with resistance at a descending trendline. Analysts see a potential breakout if SOL can surpass this trendline, which could lead to a move toward $100 i...
