logo

Zhu Su: SOL price and demand were further pushed up by pump.fun’s TGE

By: odaily.com|2025/07/16 17:01:36

Odaily News Zhu Su, founder of Three Arrows Capital, posted on the X platform that “Pump.fun’s TGE has driven up the price of SOL” for the following reasons:
1. Pump.fun itself does not hold a large amount of SOL, so it will not cause price pressure by selling SOL;
2. It is a wrong frame of mind to think that pump.fun will sell SOL. Users usually buy SOL with US dollars, participate in transactions on Pump.fun and pay SOL fees, and the platform then converts SOL back to US dollars. This model is just a regular consumer business process;
3. Pump.fun’s revenue generation in the Solana ecosystem has attracted more market attention, which may drive the revaluation of SOL as an investment-grade consumer protocol;
4. Solana ecosystem investors who participated in the pump.fun initial token offering tend to reinvest their funds into SOL after making a profit.

Bitcoin y las altcoins en una encrucijada: ¿nuevos máximos o corrección entrante?
WEEX causa sensación en BlockchainRIO 2025

También te puede interesar

Compartir
copy

Ganadores

Últimas noticias sobre criptomonedas

05:20

Analysis: The market is currently betting that $80,000 is a strong support level, with $100,000 being a strong resistance level.

04:51

Today's Crypto Fear and Greed Index is 28, with market sentiment staying in the "Fear" zone.

04:20

Hyperliquid confirms a total of 1.75 million HYPE tokens have been unlocked for developers and core contributors, worth over $60.4 million.

03:50

「Whale」 Ape Increases Ethereum Long Position to $28.6 Million, Entry Price $2,981.59

03:23

The prices of some Memecoins and Shitcoins have experienced a significant increase, with the MemePenguin coin seeing a 24-hour surge of 50.64%.

Leer más
Comunitario
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación empresarial@weikecs

Trading cuantitativo y MM[email protected]

Programa VIP[email protected]