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Pumpfun Moves $15M SOL To Kraken As Solana Price Eyes $250

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Pumpfun Moves $15M SOL To Kraken As Solana Price Eyes $250 - CoinGape

Quick Summary:

This move comes amid a Solana price recovery above the $150 resistance and increasing odds of a SOL ETF approval at a 90% probability, according to Bloomberg analyst Eric Balchunas.

Pumpfun has deposited 105,233 SOL tokens to Kraken, valued at approximately $15.86 million, in a fresh on-chain move.

He mentioned, “$SOL $200 end of May,” referring to a possible price target if current momentum continues.

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Pumpfun Moves $15M SOL To Kraken As Solana Price Eyes $250 - CoinGape (Picture 1)Pumpfun Moves $15M SOL To Kraken As Solana Price Eyes $250 - CoinGape (Picture 2)

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 16:27:32 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 508 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28323422

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 19 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Pumpfun Moves $15M SOL To Kraken As Solana Price Eyes $250" was covered 1 days ago by CoinGape, a news publisher based in India.

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  • News ID: #28323422
  • URL: https://druggeries.beamstart.com/news/pumpfun-moves-15m-sol-to-17462037761650

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