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Pump.fun reaches $300 million in Kraken deposits

Pump.fun has successfully sold 264,373 SOL, worth 41.64 million USDC. Despite reaching impressive deposit figures, recent metrics highlight a downturn in daily token volume and revenue since late 2024.

Solana’s economic worth has seen a significant decline from November 2024. The platform’s activity reduction mirrors Solana’s smaller transaction fees over recent months, signaling broader trends in the cryptocurrency environment.

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