Pump.fun’s SOL sell-offs weigh on Solana as memecoin trade fades

Pump.fun transferred another 81,712 SOL, worth roughly $6.15 million, to crypto exchange Kraken on July 18, 2026, according to on-chain analyst EmberCN. On its own, the move is just another wallet transfer. But in the context of slowing memecoin activity and weakening Solana network revenue, it offers another glimpse into how one of crypto’s biggest...