Pump.fun: $770M Stablecoins Reach Kraken

Pump.fun routed another 16.43 million USDT into Kraken seven hours ago, lifting cumulative stablecoin deposits from its July 2025 public sale to $770 million while also moving 342500 SOL worth $27.59 million in trading fees since mid-May.

SOL price prediction models must now factor this persistent CEX supply pressure against the 4h chart where price sits at $74.52 inside the Bollinger band with upper resistance at $75.99 and lower support at $69.83; the neutral RSI at 58.98 offers little conviction while the MACD death cross already signals fading momentum despite price holding above the EMA50 at $71.96.