Pump.fun’s SOL deposits to Kraken eclipse $660 million

Pump.fun testing AMM potentially to replace Raydium

Solana-based memecoin launchpad and trading platform Pump.fun’s total SOL deposits to Kraken amount to over $660 million: Is this a massive profit cash out or liquidity play? According to on-chain data, Solana-based memecoin generator Pump.fun quietly moved 132,180 Solana (SOL), worth approximately $20.87 million, to Kraken on June 10, sparking speculation about its established pattern … Read more

Raydium’s share of memecoin volume surges in Q1 but Pump.fun’s DEX poses risk

Memecoin insider traders to face legal reckoning, says crypto VC

Raydium’s dominance in Solana-based memecoin trading has increased to 83% over the past three months, even as overall memecoin market activity declined. According to Memecoins in Q1 2025 report by CEX.io, Raydium has seen its memecoin trading volume surge to 83% despite the contraction in the overall memecoin market activity and market cap. Memecoins were … Read more