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 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's largest corporate holder moving tokens to an exchange is not a good look for SOL. Per a quoted report, Forward Industries, which holds over 7 million SOL, moved 455,784 SOL worth about $32M to Coinbase Prime after a month of inactivity, and Lookonchain estimates its treasury carries about $1.1B in unrealized losses. SOL trades around $66, about 77% below its record peak. 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 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 

Solana's token is losing demand as on-chain liquidity migrates to USDC, including SOL liquidity-provider positions and PumpSwap TVL. A post the author replies to notes that using SOL as a currency is generally net zero, since it is bought, spent and then sold. x.com 

Solana bears look set to get crushed as Bitfinex whales open long positions on SOL. x.com 

Solana is likely to revisit at least $60 because the altcoin market has no new money coming in and the capital already inside is at a loss. Even SOL has gone flat against stablecoins. If a rally first requires a breakdown, that is now an acceptable path. x.com