Pump.fun Has Sold Nearly $888 Million in SOL and Shows No Sign of Slowing Down

Pump.fun deposited another 64,666 SOL, worth about $5.19 million, into Kraken as Solana fell below $75, lifting the memecoin launchpad's lifetime SOL sales to roughly $887.6 million. The latest transfer extends a steady divestment pattern that has continued through the market downturn rather than pausing during it. The scale of the sales makes Pump.fun one of the largest persistent sources of SOL supply hitting exchanges, a dynamic that matters for liquidity and price discovery in the Solana ecosystem. Traders will watch whether the platform keeps offloading tokens at the current pace and whether exchange inflows are absorbed without further pressure on SOL.