SOL Hits $200, but PumpFun’s Kraken Moves Raise Sell-Off Flags

PumpFun just dropped another 63,171 SOL ($13.1M) into Kraken - following yesterday’s massive $55M transfer.

That’s over 1.56M SOL moved to exchanges, with $41.6M already sold.

SOL breaking $200 might be a positive vibe, but selling pressure could get heavy.

Still, with chatter about a 2025 Solana ETF, the ecosystem’s future could be wild if this rebound holds steady.