Pump.fun: Sends 76,111 SOL Fees to Kraken

Pump.fun routed 76,111 SOL ($6.85 million) in platform fees to Kraken half an hour ago, extending its run of realized revenue that began in early 2024.

SOL prints $89.99 on the 4-hour chart inside a clear bearish structure, price pinned below both the EMA50 at $94.75 and the EMA200 at $103.3 while the MACD death cross at -1.29 keeps downside momentum intact; the neutral RSI reading of 38.47 and position inside the Bollinger bands between $97.87 resistance and $87.81 support point to continued range-bound pressure until a decisive break of either boundary occurs.