Pump.fun Deposits $407,000,000 Worth of Solana (SOL) to Kraken in Last Year: Lookonchain – The Daily Hodl
The controversial Solana-based memecoin launchpad Pump.fun has deposited $407 million worth of SOL into the crypto exchange Kraken in the past year, according to the digital asset tracker Lookonchain. Lookonchain also notes that Pump.fun, which launched in January 2024, sold 264,373 SOL for $41.64 million worth of the stablecoin USDC. The memecoin launchpad has reportedly…