Pump.fun’s SOL Transfers to Kraken Continue as Revenue Drops 95%

Solana’s meme coin creation platform Pump.fun has continued its transfer of SOL tokens. The platform recently transferred 196,370 SOL, worth approximately $25.3 million, to the Kraken exchange. Additionally, Pump.fun’s daily fee revenue dropped from around 12,000 SOL, or $2 million per day, in February 2025 to less than 1,000 SOL, or $100,000 per day, in March, a 95% drop. Pump.fun Transfers... source: https://beincrypto.com/pump-fun-sol-transfer-kraken/