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news-imageNovember 5, 2024

Mega Whales and Institutional Demand: A Perfect Storm for Solana's Fees"

Whales Demonstrate Confidence in Solana A notable whale recently withdrew 206,111 SOL, valued at around $36 million, from Binance to stake in a personal wallet, reflecting strong interest in the asset and a bullish sentiment. This whale currently holds approximately 38,043 SOL staked, worth over $6.6 million.
Publisher: Tokenpost
Sentiment: Positive
SOL

More News Articles

Positive
cover-imageThe Currency Analytics
November 27, 2024

Solana's Path to Top 3: SOL Price Surge Could Flip Tether

Solana (SOL) is rapidly emerging as a strong contender in the cryptocurrency market, with recent price action displaying resilience even amid broader market downturns. While Bitcoin (BTC) experienced a significant drop, falling below the $95,000 mark, Solana continued to show strength, recently breaking its all-time high (ATH) of $262.

Neutral
cover-imageCoingape
November 26, 2024

Solana's Pump Fun Denies SOL Sale Despite $138M Deposit to Kraken

Pump fun, a platform integral to the Solana ecosystem, has denied claims that it sold 99,999 SOL valued at $22.74 million after transferring the tokens to the Kraken exchange. Blockchain analytics platform Lookonchain had suggested the possibility of a sale following the large transaction, but Pump.fun clarified that no evidence supports such claims.

Negative
cover-imageBenzinga
November 25, 2024

Solana Meme Coin Platform Pump.Fun Faces Backlash Over Scandalous Livestreams, But Polymarket Traders Aren't Convinced They'll Go Dark

Pump.fun, a decentralized platform for creating Solana (CRYPTO: SOL)-based meme coins, has come under intense scrutiny after reports of harmful and violent behavior surfaced on its livestream feature. What Happened: The platform, which has gained popularity in the crypto space, is now facing backlash from the community, with many calling for the livestream function to be disabled altogether until proper moderation tools are in place.

Negative
cover-imageBenzinga
November 25, 2024

Solana Meme Coin Platform Pump.Fun Faces Backlash Over Scandalous Livestreams, But Polymarket Traders Aren't Convinced It'll Go Dark

Pump.fun, a decentralized platform for creating Solana (CRYPTO: SOL)-based meme coins, has come under intense scrutiny after reports of harmful and violent behavior surfaced on its livestream feature. What Happened: The platform, which has gained popularity in the crypto space, is now facing backlash from the community, with many calling for the livestream function to be disabled altogether until proper moderation tools are in place.

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