
Cryptocurrency Market in Turmoil: Pump.fun’s $473 Million SOL Transfer Sparks Regulatory Fears
Analysis of Pump.fun’s Recent Activity and Market Trends The recent movement of $11 million in SOL to Kraken by Pump.fun, a Solana-based meme coin launchpad, highlights the platform’s substantial exchange activity. As of February 20, 2025, Pump.fun has transferred 2.35 million Solana (SOL), valued at $473 million, to Kraken and sold 264,373 SOL for $41.64…