Pumpfun Moves $15M SOL To Kraken As Solana Price Eyes $250

Pumpfun deposits $15.86M SOL to Kraken as Solana price eyes $250 amid 90% ETF approval odds and bullish technical breakout signals.

Pumpfun Moves $15M SOL To Kraken As Solana Price Eyes $250

Highlights

Pumpfun deposits 105,233 SOL ($15.86M) to Kraken as Solana breaks above $150 resistance, fueling bullish momentum.

SOL ETF approval likelihood hits 90%, boosting Solana’s price recovery and investor interest, says Bloomberg analyst.

Solana's breakout from a falling wedge signals a potential rally, with a price target of $250 by end of May.

Pumpfun has deposited 105,233 SOL tokens to Kraken, valued at approximately $15.86 million, in a fresh on-chain move. This move comes amid a Solana price recovery above the $150 resistance and increasing odds of a SOL ETF approval at a 90% probability, according to Bloomberg analyst Eric Balchunas.