Pump.fun has significantly influenced Solana’s market dynamics, driving liquidity and volatility through fee generation and substantial SOL sales, while accounting for over 60% of DEX trading volume during peak months.
This highlights its central role in the ecosystem’s activity.
A potential Solana ETF under a crypto-friendly regulatory environment could stabilize and elevate SOL prices by attracting institutional investors, shifting behavior toward long-term holding.
However, Solana’s reliance on Pump.fun raises concerns about the sustainability of its growth and its long-term appeal to investors.
Ryan Lee, Chief Analyst at Bitget Research
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
