Solana-based token $PUMP is experiencing a significant surge, rising by an impressive 25% in just 30 days. This bullish movement is being driven by the increasing influence of institutional investors who are accumulating the token. Data shows that large wallet holders have seen their balances rise, signaling increased confidence in the token’s future. This shift marks a transition away from retail-driven trading towards more strategic approaches by experienced participants. The top 100 wallets now hold a massive 943 billion $PUMP tokens, indicating a concentration of ownership among key players. This accumulation phase could potentially stabilize prices and indicate broader confidence in the Solana ecosystem.