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SOL 
PUMP Pump.fun sold SOL again, with total sales of nearly US$801 million.
Pump.fun again sold 81,711 SOL units worth approximately US$6.15 million. According to monitoring by online data platform Lookonchain, the cumulative number of SOLs sold on the platform has reached 4,738,536, with an average selling price of US$169 and a total value of approximately US$800.96 million. This latest development has renewed attention to potential selling pressures on the Solana ecosystem.
Pump.fun sells SOL through Kraken, its treasury continues to grow
In the latest transaction, Pump.fun transferred approximately 81,712 SOL units from its fee wallet to the Kraken Exchange. Based on Solscan's on-chain records and analysis by Lookonchain and EmberCN, the funds came from the agreement treasury rather than the user's wallet. The transfer of large assets to a centralized exchange does not necessarily mean an immediate sale, but such operations often attract market attention because exchanges are the fastest way to liquidate or manage treasury assets. Since Pump.fun has become one of the largest fee generators in the Solana ecosystem, every major transfer is scrutinized.
Meme coin activity cools down, Pump.fun sells SOL
News of the sale of SOL at Pump.fun comes as the Meme coin market on Solana is showing signs of cooling after months of activity. Since the beginning of 2024, the platform has accumulated fee income of approximately 4.812 million SOLs, valued at approximately US$812 million based on the average SOL price of US$168.70. The success of Pump.fun is closely related to Solana's low-cost infrastructure, which allows users to issue and trade Meme coins on a large scale. As trading activity moderates, treasury transfers naturally spark discussions about liquidity management and potential market impacts. As of the time of writing, the PUMP token price was US$0.001677, the 24-hour transaction volume was US$85.24 million, and the market value was US$671.96 million. The token has fallen 4.01% in the past day, but some analysts are still focusing on signs of a technical rebound.
