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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.
Crypto users are wary that Pump.Fun is “dumping on them” after the token launchpad sent another 100,000 Solana to an exchange.
Donald Trump's crypto platform, World Liberty Financial (WLFI), just locked in a high-profile partnership by bringing Justin Sun onboard as an Advisor. The founder of TRON and one of blockchain's most talked-about figures, Sun has also invested $30 million into the platform, making him WLFI's largest backer.
Justin Sun has announced a $30 million token purchase in Trump-backed World Liberty Financial.
The move comes after Justin Sun, the founder of Tron, invested $30 million in the Trump-connected blockchain project.
Solana (SOL), the world's fourth-largest cryptocurrency by market cap is gaining significant attention from crypto enthusiasts amid ongoing price correction. Amid this, some investors appear to be accumulating, while others are dumping the tokens.
Ethereum has overtaken Tron as the leading blockchain for Tether (USDT) dominance.
Solana (SOL) price reached an all-time high of $264 on November 22 but has since entered a correction, dropping nearly 10% in the past 24 hours. Indicators like BBTrend and DMI show increasing bearish momentum.
As Bitcoin (BTC) faces the threat of dropping below $90,000, the move will likely have less impact on Solana (SOL).
Pump.fun has accounted for over 60% of Solana DEX transactions for the past three months—is the network over reliant?
Pump.fun has made a transaction of 99,999 $SOL to Kraken exchange. The total value of the Solana that it transferred totals $22.74M.
Pump.fun has made a transaction of 99,999 $SOL to Kraken exchange. The total value of the Solana that it transferred totals $22.74M.
TL;DR Justin Sun, founder of Tron, invested $30 million in World Liberty Financial (WLFI), becoming the main investor in the project associated with Donald Trump. The partnership with Tron could provide WLFI with a robust infrastructure, boosting its global adoption and positioning it in the crypto market.
For the first time since August 2022, Ethereum (ETH) hosts a bigger U.S. Dollar Tether (USDT) supply than Tron (TRX). Meanwhile, the aggregated cap of USD-pegged stablecoins targets an all-time high over $200 billion.
Solana has seen a remarkable surge in decentralized exchange (DEX) activity this November, reaching over $109.8 billion in trading volume, marking a 100% increase from the previous month's $52.5 billion.
Discover why Solana's price is declining after its recent surge. Explore market sentiment, profit-taking, and What's next for Solana
Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.
Publicly traded Solana holding company Sol Strategies has announced that well-known entrepreneur, investor and crypto evangelist Anthony Pompliano (aka ‘The Pomp') has been appointed as an advisor. The post Anthony Pompliano Joins Sol Strategies as an Advisor, Share Price Rockets 14%, Nasdaq Soon? appeared first on Cryptonews.
The crypto market is once again witnessing exceptional performance. Solana, often referred to as the blockchain of "fast and accessible solutions," has just reached a historic milestone.
Too much leverage has led to an inevitable pause in the crypto market, but this is largely seen as a healthy correction, analysts argued.
Solana vs. Ethereum: SOL/ETH signals a potential 45% drop, while ETH eyes $4,000 with bullish momentum. Solana's USD pair could correct toward $145 amid resistance.
Solana price has surged significantly over the past month, capturing attention within the cryptocurrency market. This November, the Layer 1 blockchain reached an all-time high, fueled by a bullish trend and increased investor confidence.
TRON founder Justin Sun's $30 million investment in Trump-backed World Liberty Financial has revived the struggling DeFi project, pushing total token sales to $51 million and triggering a $15 million payout to Trump-affiliated entities.
Solana's DEX trading volume surpassed $100 billion in November 2023, doubling Ethereum's volume while its native token SOL reached a new all-time high of $263.
Artrade, the first art tokenization marketplace on Solana, has reached a significant milestone by digitizing an original Picasso artwork. With a market capitalization of $180 million and over 6,000 active users, the platform is transforming the art market with its ATR token.
Shiba Inu's ecosystem shows strong growth potential as lead developer Shytoshi Kusama acknowledges TRON's success model, while SHIB posts 48% monthly gains and Shibarium reaches new TVL highs.
Solana-based memecoin platform Pump.fun suspended its livestream feature after facing backlash over disturbing content, despite recording its highest-ever daily revenue of $14.3 million.
The altcoin space presented mixed performances amidst the latest dip that saw Bitcoin sliding below $95K, currently trading at $93,720. Solana meme tokens led the downside, with top coins losing up to 20% on their daily charts. While Fwog (-22%), MOODENG (-13%), GOAT (-14%), and PNUT (-15%) confirmed a robust downtrend, Dogwifhat recorded notable gains.
In November 2024, Solana hit an impressive $109.73 billion. It left other big names like ETH, BASE, and BSC in the dust, according to DefiLlama.
Solana's adoption milestones and bullish momentum position it for a potential breakout.
Solana-based memecoin launchpad Pump.fun is in the middle of a storm after a wave of users misusing its Livestream feature to pump their tokens became viral. The recent harmful behavior comes amid the cycle's memecoin frenzy, which has seen numerous community members use deceitful tactics to profit from the sector's popularity.
Solana has achieved multiple record-breaking metrics in November 2024, including a $265 all-time high price, $100 billion monthly DEX volume, and 25 million active addresses
Justin Sun, founder of the Tron blockchain, made headlines with a significant investment in Donald Trump's crypto project.
The attackers who attacked the latest DEXX have been reactivated after a week of inactivity to change the stolen alt coins for Solana (SOL) in large amounts according to Mistract, cyber security. This comes after, decentralized exchange DEX platform was targeted and users and the platform woke up to hefty losses.
The crypto markets are plunging as Bitcoin slashed below $95,000 in the times when the $100K milestone appeared to be extremely evident. Meanwhile, Solana, which smashed a new ATH a few days ago, appeared to have been closely following the star crypto.
Shiba Inu lead developer Shytoshi Kusama lauded TRON's Justin Sun on Tuesday over the blockchain's recent milestone achievement. The lead developer primarily highlighted TRX's product-market fit (PMF) in stablecoin use cases, underscoring the network's pioneering stance as a decentralized, fast, and affordable solution.
Ethereum has reclaimed its position as the leading blockchain for Tether (USDT), surpassing Tron with a supply of $60.3 billion. The post Ethereum Surpasses Tron as Top Blockchain for Tether with $60.3 Billion USDT Supply appeared first on Cryptonews.
Tron approaches key resistance near pattern—will bulls sustain momentum, or is a pullback on the horizon?
Solana (SOL) decentralized finance (DeFi) activity has gained significant momentum, with its decentralized exchanges (DEX) surpassing Ethereum (ETH) DEX in monthly trading volume. So far in November, Solana-based DEXes have recorded over $100 billion in trading volume, marking a major milestone for the ecosystem.
Dangerous influencer stunts force memecoin platform Pump.fun to pause livestreaming feature indefinitely.
The controversial crypto founder has labeled his efforts as geared towards driving innovation in the U.S.
Justin Sun, the founder of the TRON blockchain, has made a $30 million investment in World Liberty Financial (WLFI), a decentralized finance (DeFi) project backed by President-elect Donald Trump. The purchase was completed through a wallet linked to Sun's HTX exchange, formerly known as Huobi, and comes as WLFI struggled with slow initial token sales.
The Solana memecoin launchpad Pump Fun has announced the indefinite suspension of its live streaming feature. The decision to sunset this service comes after the protocol faced backlash in relation to the abusive use of the live stream feature.
Bloombergs James Seyffart has shared insights on the challenges facing XRP and SOL ETFs, predicting potential approval by 2025. Regulatory hurdles like compliance and market manipulation remain, but changes in SEC leadership could reshape the landscape.
Justin Sun, the founder of Tron, has stirred excitement with a $30 million investment in World Liberty Financial (WLF), a cryptocurrency initiative spearheaded by U.S. President-elect Donald Trump and his family.
Ethereum's enduring appeal for USDT issuance is also tied to its DeFi dominance and institutional adoption.
Popular meme coin creation platform Pump.fun disabled the livestream feature after it was used for an array of controversial streams.