Pump.fun Deposits Another $18M In SOL To Kraken, Fueling Sell Pressure Concerns

Pump.fun Deposits Another $18M In SOL To Kraken, Fueling Sell Pressure Concerns

Pump.fun has sent about 117,913 SOL tokens worth $18.26 million through Kraken within the past two hours. The platform has sent a total worth an estimated $575 million to Kraken, making the total SOL deposits 3097265 SOL. Pumpfun(@pumpdotfun) deposited 117,913 $SOL($18.26M) to #Kraken again in the past 2 hours.So far, #Pumpfun has deposited 3,097,265 $SOL($575M) to #Kraken at $186 and sold 264,373 $SOL for 41.64M $USDC at $158.https://t.co/LwqX…

Big Company Files $1 Billion Shelf Registration, Eyes More Solana (SOL) Purchases

According to recent disclosures, the company may allocate a portion of the raised funds toward acquiring additional Solana (SOL) tokens. The announcement follows DeFi Development Corp’s latest treasury expansion. Just two days ago, the firm added $9.9 million worth of SOL to its reserves, bringing its total holdings to approximately 317,273 SOL — valued around $48 million at current market prices. How Shelf Registrations Work A shelf registratio…

Solana Price Eyes Rally to $200 As DDC Files $1B Shelf With US SEC

Solana price may be on the verge of a significant rally, with recent developments from DeFi Development Corporation (DDC) potentially fueling the upward momentum. The company, formerly known as Janover Inc., has filed a $1 billion shelf offering with the U.S. Securities and Exchange Commission (SEC). This move suggests the company is preparing to raise substantial funds, which could have an effect on Solana’s price soon. DeFi Development Corp.’s…

DeFi Development Corp Files Form S-3 With U.S. SEC to Raise $1B To Purchase Solana (SOL) - Invest In Crypto News

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DeFi Development Corp Files Form S-3 With U.S. SEC To Raise $1B To Purchase Solana (SOL) - Data Intelligence

DeFi Development Corp follows a similar approach to SOL Strategy to issue debt securities to purchase more SOL coins. SOL price has hinted at a potential parabolic rally in the coming months bolstered by institutional tailwind. DeFi Development Corp. (NASDAQ: DEFI), a Florida-based blockchain and DeFi-focused company, filed a Form S-3 registration statement with the United States Securities and Exchange Commission (SEC) on April 25, to offer up…

DeFi Development Company, the ‘MSTR of Solana,’ files $1 billion shelf offering with SEC – MAXBIT

A shelf offering allows a company to register for a new securities issuance to offer equity and debt sales over time.  Source link