Digital Currency

Add as a preferred source on Google

Kraken Gets 64,666 Solana (SOL) From Pump.fun in $5.19 Million Move

The transfer came from Pump.fun’s platform-fee proceeds. It followed a 76,111-SOL Kraken transfer valued at about $6.85 million on Nov. 6.

Updated 1 min read
A schematic traces Solana moving from a meme-token platform fee pool to an exchange wallet. / EconoTimes.ai
A schematic traces Solana moving from a meme-token platform fee pool to an exchange wallet. / EconoTimes.ai

The transfer represented Pump.fun platform-fee revenue. Lookonchain recorded 64,666 SOL moving to Kraken, valued at $5.19 million.

The transfer took place at about 3:50 p.m. ET Friday, Nov. 13 (20:50 UTC). Pump.fun provides a venue where users can launch meme tokens.

On Nov. 6, Pump.fun sent Kraken 76,111 SOL valued at about $6.85 million. EconoTimes covered the earlier fee transfer.

Related articles

View all