Solana Whale Sells $6.68M in SOL 💰

Solana-based platform Pump.fun recently sold 40,000 SOL tokens worth $6.68 million, causing a brief dip in the $SOL price. Pump.fun, known for launching meme coins, has amassed $162 million in total revenue, positioning itself as a profitable protocol. The platform’s activities continue to attract attention, particularly after generating 969,945 SOL tokens so far this year.

Will this large-scale sale affect Solana’s long-term price momentum?

Source: CryptoPotato, Chayanika Deka