According to @wingbits, Wingbits is rewarding its aviation DePIN contributors on the Solana network, source: @wingbits on X, Nov 13, 2025. The CEO, Robin, stated that Solana isn't just hype and described Wingbits as the fastest-growing aviation DePIN, source: @wingbits on X, Nov 13, 2025. According to Solana Foundation documentation, transactions and reward distributions on Solana consume SOL for network fees, tying program activity to SOL usage, source: Solana Foundation docs.

According to @sns, the .sol subdomain registrar is now live and open for registrations, enabling users to claim subdomains under existing .sol names, source: @sns on X, x.com/sns/status/1987809145819406538. On Solana, each registration and update is an on-chain transaction that requires SOL to pay network fees, source: Solana Documentation, docs.solana.com/transaction_fees. Solana destroys 50% of all transaction fees by protocol design, so registrar usage directly contributes to incremental SOL fee burn, source: Solana Documentation, docs.solana.com/transaction_fees. The Solana Name Service supports hierarchical subdomains that map human-readable .sol names to on-chain addresses used across wallets and dApps, providing scalable identity and routing for users and brands, source: Solana Name Service Docs, docs.bonfida.org/solana-name-service/sns-sol-domains/subdomains. As registrations and updates occur, this registrar becomes a new on-chain activity vector tied to SOL fee payments and burns, which traders can track to assess short-term demand within the Solana ecosystem, source: @sns on X, x.com/sns/status/1987809145819406538 and Solana Documentation, docs.solana.com/transaction_fees.

According to Lookonchain, a Solana whale sniper incurred a significant loss of 8,586 SOL (about $1.48 million) on a WATCHCOIN trade. The trader paid 669 SOL (approximately $116,000) in fees and invested a total of 17,800 SOL ($3.09 million) to acquire 47.83 million WATCHCOIN tokens. Ultimately, the sniper sold all the tokens for only 9,883 SOL ($1.72 million), resulting in a realized loss of $1.48 million. This incident highlights the high risks of on-chain sniping strategies in the Solana ecosystem, emphasizing the importance of due diligence and risk management for crypto traders. Such large-scale losses can impact liquidity and sentiment around both WATCHCOIN and SOL, prompting short-term volatility. Source: Lookonchain via Twitter, solscan.io/account/7GSgXJ.

According to EmberCN, pump.fun transferred 132,000 SOL (worth $22.88 million) in accumulated transaction fees to Kraken six hours ago. This continues their established pattern of moving SOL to exchanges every one to two weeks. Over the past year, pump.fun has sold approximately 3.868 million SOL, totaling $701.76 million at an average price of $183.3 per SOL (source: EmberCN via Twitter, 2025-05-11). Traders should closely monitor these periodic large transfers, as they often coincide with short-term increases in sell-side pressure on the SOL price and can create volatility opportunities. The consistent offloading of SOL by pump.fun, one of the largest fee-generating platforms in the Solana ecosystem, signals significant ongoing liquidity entering centralized exchanges, which may affect SOL market depth and short-term price trends.