Crypto platform PumpFun has made a significant move in the Solana market by depositing $13.34 million worth of SOL into Kraken, a popular exchange for memecoins. This strategic move, which involved 95,934 SOL, has ignited market interest and volatility on Kraken. 💰 📈 🤯 PumpFun’s actions are likely driven by their experience in DeFi and a focus on mitigating rug pull strategies. This latest deposit follows a trend of substantial SOL deposits, with over $557M deposited so far in 2025 alone. The ripple effects of these moves have already been noticeable: trading volumes on Kraken spiked following the transactions, indicating liquidity changes. While PumpFun’s strategy and market impact remain under scrutiny, analysts are watching closely as they anticipate further strategies that may unfold within the growing cryptocurrency ecosystem. 👀