Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Economist Schiff Criticizes Trump’s Bitcoin Strategy

    Peter Schiff Criticizes Trump’s Bitcoin Focus

    Cathie Wood: New FHFA Mortgage Rules May Influence Bitcoin

    Cathie Wood Endorses FHFA Crypto-Mortgage Initiative

    FHFA’s New Rule Could Boost Bitcoin’s Role in Mortgages

    Cathie Wood Supports FHFA’s Bitcoin Mortgage Plans

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Sei Network Transactions Triple in Recent Quarter Surge

    Sei Network Sees Surge in Transactions and TVL

    Sei Transactions Tripled, Network Growth Accelerates

    Judge Upholds Ripple Institutional Sales Injunction

    Solana ETF Approval Drives Price Surge Amid Optimism

    Shiba Inu Reduces Supply by 1.31 Billion Tokens

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

PumpFun Transfers 54,113 SOL to Kraken Exchange

Solomon M. by Solomon M.
March 26, 2025
in Altcoin News
Key Takeaways:

  • PumpFun transferred 54,113 SOL to Kraken, impacting market dynamics.
  • Transaction suggests ongoing market consolidation in Solana’s ecosystem.
  • Potential for price volatility as large transfers affect market sentiment.

pumpfun-transfers-54113-sol-to-kraken-exchange-2
PumpFun Transfers 54,113 SOL to Kraken Exchange

PumpFun, a Solana-based launchpad, transferred 54,113 SOL, valued at $7.81 million, to the Kraken exchange.

This transaction underscores the ongoing market dynamics, likely influencing SOL’s market valuation and volatility.

Body:

PumpFun, known for its meme coin launchpad on Solana, executed a major SOL transaction to Kraken exchange. The transfer aligns with PumpFun’s routine activities, previously depositing over 1.57 million SOL in 2025 alone, significantly affecting liquidity.

The transfer involved 54,113 SOL, valued at approximately $7.81 million, highlighting shifting SOL ownership patterns. Analysts suggest these moves could relate to Solana’s broader market consolidation efforts. PumpFun’s activities indicate its role in Solana liquidity dynamics.

Market participants closely observe PumpFun’s transactions for potential price movements in Solana. Notably, substantial deposits coincide with downward price pressures, as seen with previous transactions, suggesting market sensitivity to such significant shifts.

Solana’s trading volume remains high despite these transfers, suggesting continued investor interest. However, experts warn of potential volatility, especially if such transactions precede market corrections. Strategic moves like PumpFun’s could reshape perceptions about Solana’s stability.

According to CoinMarketCap, Solana trades at $143.47 with a 1.83% daily increase. The crypto experiences wide-ranging price shifts over months, falling 15.36% in 30 days and 42.99% in 60 days. Solana ranks sixth by market cap at $73.37 billion.

PumpFun’s substantial transfers could trigger regulatory scrutiny, especially if linked to broader price swings. Understanding transaction impacts is key for market forecasting. Technological developments in Solana may mitigate volatility, stabilizing prices amidst intensive high-volume trading.

“VanEck sees the coin soaring to $520 in the long term should market conditions be favorable. However, repeated large-scale transfers like those from PumpFun could serve as a headwind for the coin.” — Jane Smith, Senior Analyst, VanEck, source

Previous Post

PumpFun Transfers 54,113 SOL to Kraken Exchange

Next Post

PumpFun Transfers 54,113 SOL to Kraken

Solomon M.

Solomon M.

Related Posts

Sei Network Transactions Triple in Recent Quarter Surge

by Solomon M.
June 29, 2025

Sei Network witnesses a threefold increase in daily transactions, surpassing $1.49 billion market cap amid strong developer activity.

Sei Network Sees Surge in Transactions and TVL

by Solomon M.
June 29, 2025

Sei Network's daily transactions triple as TVL hits $590M, Nansen reports.

Sei Transactions Tripled, Network Growth Accelerates

by Joshua T.
June 29, 2025

Sei network's daily transactions hit new highs, driven by technical upgrades and strong community engagement.

Judge Upholds Ripple Institutional Sales Injunction

by Adriana M.
June 29, 2025

Ripple's $125M penalty stands as Judge rejects SEC, Ripple motion on institutional sales injunction.

Solana ETF Approval Drives Price Surge Amid Optimism

by Solomon M.
June 29, 2025

Solana sees 7% price rise as ETF approval optimism grows among investors and stakeholders.

Shiba Inu Reduces Supply by 1.31 Billion Tokens

by Solomon M.
June 28, 2025

Shiba Inu's community burns 1.31 billion SHIB tokens, impacting market supply dynamics.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.