Effect $ Sol Burn on Crypto Market Dynamics | Flash news details

On February 7, 2025, a tweet from Milk Road (Milkrouddail) sparked important discussion within the cryptocurrency community on the “Pump Fun” platform and its impact on Solana ($ Sol). According to a tweet, “Pump Fun” burned more than $ 500 million from $ Sol, Solanafm’s Burn Tracker said at 10:00 am UTA on February 7, 2025 (Source: Solanafm). This burning mechanism aims to reduce the total offer from $ Sol, which may increase its value over time. In addition, the “Pump Fun” was credited with removing the rug withdrawal from the liquidity pools and preventing the distinctive symbol of fraud, as users are required to send $ Sol to specific addresses, and a report from Coingecko Analytics on February 6, 2025 (Source: Coingecko). The ease of spreading symbols on the “pump pleasure” was also highlighted as a factor that enhances the dependence of encryption among non -experts, according to a CryptocCCOCARPare survey on January 30, 2025 (Source: CryptoCcompare). However, the tweet also indicates the possible negative aspects of “fun pumping”, although it has not been placed in the same publication.

The trading effects of the “Pump Fun” effect on the Solana ecosystem are multi -side. After the Twitter publication, $ Sol witnessed a sharp increase in the price, increasing from $ 120 to $ 130 within an hour, as Coinmarketcap recorded at 11:00 am International time on February 7, 2025 (Source: CoinMarkcap). This increase was accompanied by a significant increase in trading volume, as more than $ 1.2 billion of $ Sol was traded on the main stock exchanges such as Binance and Coinbase in the same time frame, according to Tradingvief data at 11:15 am UTC on February 7, 2025 (Source: Source: TradingView). The decrease in the distinctive symbol in carpets and raising the distinctive symbol in increasing investor confidence in the Solana ecosystem, which is reflected in the activity of other symbols in the ecosystem. For example, the serum ($ SRM) and Raydium ($ Ray) witnessed a 40 % and 35 % trading volumes, respectively, Coingecko mentioned at 11:30 am UTC on February 7, 2025 (Source: Coingecko). This indicates that the “pump pleasure” not only affected $ Sol but also had a wider Solana ecosystem.

Technical indicators and size data emphasize the market’s reaction to the “pump pleasure”. The RSI has risen for $ Sol to 75 at 11:00 AM UTC on February 7, 2025, indicating conditions at the peak of purchase, according to data from TradingView (Source: TradingView). The average medium rapprochement (MACD) also showed a bullish intersection at the same time, indicating the possibility of continued ascending momentum in the short term (Source: TradingView). The scales reveal on the series that the number of active addresses on the Solana network increased by 15 % during the watch for Twitter, as Solanafm mentioned at 11:15 am UTO on February 7, 2025 (Source: Solanafm). This indicates an increase in interest and activity within the ecosystem. Moreover, the total closed value (TVL) in the SolaNa -based Defi Protocols increased by 10.5 billion dollars at 11:30 am International time on February 7, 2025, according to Defi Llama (Source: Defi Llama) . These scales collectively indicate that the “pump pleasure” had a great positive effect on the Solana Ecosystem trading dynamics.

Regarding the developments related to the prosecution, there was no direct organization of Amnesty International linked to “Pump Fun” as of the latest reports. However, increasing the ease of spreading the distinctive symbol facilitated by “pump fun” can attract trading algorithms driven by artificial intelligence, which are often looking for new and volatile symbols for trading opportunities. If artificial intelligence algorithms begin to communicate with the symbols that were launched on the “fun of the pump”, this may increase trading and fluctuations sizes, as well as potential links with major encryption assets such as Bitcoin and Ethereum. As of now, there are no specific data on trading sizes that depend on artificial intelligence in relation to “pump pleasure”, but this is a region that deserves to be monitored for future trading opportunities and market morale transformations driven by artificial intelligence developments in the encryption space.