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Pump.fun Moves $6.85 Million in Solana (SOL) Fee Revenue to Kraken

The transfer involved 76,111 SOL. Pump.fun's sales since early 2024 total 5.627 million SOL, valued at about $893 million.

Updated 1 min read
A graphic depicts Solana fee proceeds moving from Pump.fun to the Kraken exchange. / TokenPost.ai (mono)
A graphic depicts Solana fee proceeds moving from Pump.fun to the Kraken exchange. / TokenPost.ai (mono)

Pump.fun sent 76,111 Solana (SOL) from platform fees to Kraken on Friday, Nov. 6, in a transfer valued at about $6.85 million, while cumulative SOL sales since early 2024 reached 5.627 million.

The reported value of those cumulative sales is about $893 million. The average price across them was roughly $158.7 per SOL. These totals cover sales since early 2024; the Nov. 6 figure describes a separate transfer of platform fee proceeds.

Pump.fun provides a venue where users can launch meme tokens. EconoTimes previously covered another Pump.fun fee transfer to Kraken, involving 129,797 SOL valued at about $14.06 million.

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