Pump.fun Invests $22.8 Million in SOL, Fueling Debate on Solana Ecosystem

Solana-based memecoin platform Pump.fun has deposited $22.8 million worth of SOL into Kraken exchange. This recent transfer follows the protocol’s established practice of selling accumulated transaction fees to fund operations. The move underscores an ongoing discussion regarding the impact of Pump.fun on the Solana ecosystem. ]