Pump.fun's continuing Solana sales add selling pressure ahead of a predicted move to $95 before the weekend. It sent another $14m of SOL to Kraken and has sold $875m since 2024 at an average of $160. x.com 

Solana has lost its moats: speed and retail mindshare carried it this cycle, and every narrative it was meant to own now has a stronger competitor. Memecoin attention is spreading to Robinhood, BNB and Base, Robinhood is coming for tokenized stocks, and Hyperliquid owns perps. Solana's perps did $8.9B last week, which Hyperliquid often does in a day. As more volume settles in its $15.5B of stablecoins, SOL matters less beyond gas. Pump.fun has sold about 4.8M SOL and expanded beyond Solana. … Show more

Solana's financial activity is scaling through stablecoin volume and institutional tokenized funds. It reportedly processed $5 trillion in stablecoin volume in 2026, while JPMorgan Asset Management launched two tokenized money-market funds on Solana for qualified US investors through Morgan Money. x.com  x.com 

Solana faces a massive long flush soon because Wintermute has started sending a huge amount of SOL to Binance, in what looks like a coordinated shakeout. x.com 

Pump.fun monetizes by selling SOL to buy PUMP, favoring PUMP over Solana's native token. Over the long term, the two should flip, primarily because SOL is expected to fall to $12. x.com 

Solana is harder to fade because StonkFun's launchpad generated over $20 million in revenue in the last 30 days. SOL price action should follow. x.com 

Solana is struggling to sell blockspace, a commodity racing to zero, while heavily diluting holders. At this year's rate, fees come to about $300M against roughly $2.4B of newly minted SOL, and fees are down about 79% year over year amid competition from Ethereum, Base, Hyperliquid, Near and others. SOL is not money either, so neither a profitable-chain nor a monetary-premium bull case holds. Nasdaq earns 17x what Solana does while buying back about twice as much and issuing no shares. x.com  … Show more

Forward Industries trades at a discount to its Solana treasury, so buying the stock is effectively buying Solana at a markdown. Realized mNAV is 0.73x and a realistic mNAV 0.92x, and it just added 357K SOL through purchases and staking rewards. The next resistance is $9 and the next Fibonacci target $13.51. x.com 

Solana is now a much larger coin and has already had its big growth phase, so Bitcoin should recover first. Solana moves about 1.35x as much as Bitcoin, so a 1.5x Bitcoin move implies roughly $195-$200, not the $234 level at Bitcoin's $125K high. Solana should still reclaim its old high later this cycle. x.com  x.com 

Solana cannot sustain memecoin hype because greedy teams such as pump.fun damage the sector and drain capital from it. Pump.fun withdraws an average of about $30m a month in earnings to Kraken and dumps it, and if money doesn't circulate, the chain can't either. SOL has been red for 11 months and sits 80% below its all-time high. x.com