Daddy Tate (DADDY), the Solana meme coin built on Andrew Tate’s brand, fell 24% on Sunday. The trigger was the arrest of Andrew and Tristan Tate in Miami, where US Marshals detained them on a UK extradition request.
UK prosecutors also added 38 new charges against the brothers. That lifts their combined total to 59. Once again, the token moved in lockstep with its namesake’s legal troubles.
Tate Brothers Face 59 UK Charges After Miami Arrest
Bedfordshire Police, the UK force leading the case, said in a statement that officers detained the brothers on Saturday. The Crown Prosecution Service (CPS) approved the new counts after reviewing fresh evidence. The number of alleged victims rose from three to seven.
Two brothers have been detained by officers in the United States of America, following an investigation by our major crime unit into sexual offences.
Andrew Tate, 39, and Tristan Tate, 38, were arrested in Miami yesterday (Saturday).
Andrew Tate, 39, now faces 42 charges. The new ones include seven rape counts, three trafficking counts, three assault counts, and 19 charges tied to indecent images of a child and extreme pornography. Tristan Tate, 38, faces 17 charges after six new counts, including two of rape.
The alleged offenses date from July 2010 to August 2017. Prosecutors want the brothers extradited on all 59 counts. Both deny every allegation.
They already face a separate trafficking trial in Romania dating back to a 2023 indictment. Markets have seen this movie before, as celebrity meme coins tend to swing hard on courtroom news.
DADDY Token Slides Toward Its February Low
BeInCrypto data shows DADDY near $0.0112, down 24% in a day and 22% on the week. Its market value slipped to about $6.7 million, according to DADDY price data.
The market is also thin. Only about $429,000 traded over the day, so even modest selling moves the price fast. DADDY now sits 96% below its June 2024 peak of $0.2886, and not far above its record low of $0.0045 set on February 6.
DADDY Market Cap and 24-Hour Trading Volume. Source: Coingecko
The pain started earlier this month. Andrew Tate sold his TATE airdrop for about $23,000 despite a public pledge to hold. Meanwhile, analysts have long warned about the risks of celebrity tokens, which run on hype alone.
The next move now hangs on the extradition hearings. For DADDY holders, the chart matters less than the courtroom.
Solana (SOL) joined the broader crypto rebound after cooling US inflation data, climbing back toward $80.
According to some analysts, this could be the beginning of a more substantial rally that might push the price well beyond the psychological level of $100.
SOL Turns Bullish
The renowned analyst Ali Martinez claimed that the Average True Range (ATR) stop has flipped below price, marking the first SuperTrend buy signal on Solana since October 10.
He believes that if buying pressure continues to build, SOL could surge toward $96 and even $121. At the same time, Martinez paid close attention to the $60 level, noting that a drop below that support would invalidate the bullish setup.
Michael van de Poppe also chipped in, suggesting that the asset is at an important crossroads. He thinks that if SOL manages to keep its current valuation at around $77, it may trigger a much more substantial upswing. On the other hand, he warned that a drop below $73 could trigger a retest of the lows in the coming weeks.
Bloomberg’s James Seyffart pointed to a key regulatory development that may swing momentum toward the bulls. He revealed that Wall Street giant Morgan Stanley has filed updated documents to launch a Solana ETF with the ticker MSOL and a 0.14% fee. An eventual introduction of such a financial vehicle could draw additional investors into Solana’s ecosystem and benefit the price.
It is important to note that Morgan Stanley wouldn’t be the only behemoth offering that kind of a product, as Bitwise, Fidelity, Grayscale, VanEck, Franklin Templeton, Invesco, 21Shares, and Canary Capital have already jumped on the bandwagon. The cumulative net inflow into spot SOL ETFs to date has reached almost $1.15 billion.
Another Positive Factor
The prolonged bear market and unmet ecosystem expectations have recently pushed Solana’s fear, uncertainty, and doubt (FUD) to its highest level for 2026.
This means that sentiment among market participants is extremely negative, and most weak-hand investors have already exited. The development could be interpreted as bullish, since the price often reverses when fear peaks, suggesting that the cycle’s bottom might have been formed.
Solana’s recovery appears to have lost momentum after it shed over 6% in the past week. As it currently trades near $77, it is facing its most negative market sentiment of 2026.
In fact, SOL’s trading volume has dropped to its lowest point in 2026, while negative commentary surrounding the asset has surged to its highest daily level this year, according to Santiment.
Rebound Setup Emerges
Much of the disappointment stems from expectations that strong narratives around tokenized stocks and real-world asset (RWA) activity would translate into stronger price performance, something traders have yet to see.
Santiment noted that this combination of elevated fear, uncertainty, and doubt (FUD) alongside weak trading volume has historically created conditions that can favor a rebound. With retail participation low and sentiment deeply negative, there may be less resistance if large stakeholders decide to drive Solana’s prices higher, which could potentially set the stage for a sharp move that catches traders off guard.
The Solana network added 1.60 million new addresses over the past two weeks. Additionally, the SuperTrend indicator on SOL’s three-day chart also flashed a new buy signal for the first time since October 10, 2025, when the Average True Range (ATR) trailing stop moved below the price. According to analyst Ali Martinez, the previous SuperTrend sell signal was followed by a 74% price correction. He said the latest signal points to a bullish trend and could send SOL toward $100.
Michaël van de Poppe also observed that the crypto asset has re-entered its trading range and may briefly pull back before continuing its upward move. He added that holding the $75-$77 range as support could open the door to gains toward $100 and potentially $120 in the coming weeks or months.
$78 Holds the Key
Another crypto analyst, Dami-Defi, also pointed to a potential breakout as SOL currently tests the upper boundary of a descending channel that has been in place since September 2025. According to the analyst, a three-day close above $78 would confirm the breakout and open the door to an initial move toward $105, followed by $125 and $155 if momentum continues.
However, the setup would be invalidated by a three-day close below $72, and stronger trading volume would be needed to confirm the breakout.
World, a week-old Solana (SOL) prediction market, staged a fake exit. On July 8, it said it was leaving Solana for Robinhood Chain, then admitted the whole thing was a crypto prank the following day.
The gag drew millions of views and briefly fooled parts of the crypto industry. It also divided opinion on whether staged deception is smart marketing or a costly gamble for a young platform.
How the Crypto Prank Spread
World went live on Solana on July 1 inside the Phantom wallet, with Chainlink (LINK) handling data and settlement. Solana’s official account had promoted the debut just a week earlier.
Days later, the project told followers it was leaving for Robinhood Chain. It thanked the Solana Foundation and posted a polished logo for the supposed move.
The target made the fake believable. Robinhood Chain is a real Arbitrum-based Layer 2 that launched on July 1 for tokenized stocks.
That same week, the network set a record daily volume of $563.9 million, according to DefiLlama. Meme coins, not tokenized stocks, drove the frenzy. It was arguably crypto’s hottest new chain.
Several outlets reported the migration as fact. Within a day, World revealed the joke.
The reception split. Solana co-founder Anatoly Yakovenko amplified the gag, and CoinGecko co-founder Bobby Ong called it sharp marketing.
“I’m still trying to figure out if they moved to Robinhood Chain or staying at Solana. I think this is a parody and they are actually staying on Solana. I guess it triggered many folks and got them the attention that they really want, which is all that matters in consumer tech,” Ong remarked.
Critics, however, saw a bait-and-switch that erodes trust in a product handling real bets.
The on-chain record complicates any victory claim. An independent dashboard built by analyst ario_57 tracks World’s activity. It shows roughly $4.37 million in notional volume. Daily users peaked near 3,000 since the July 1 launch.
World’s daily on-chain volume, showing the pre-prank peak. Source: Dune/ario_57
Yet that volume crested around July 6, two days before the stunt. The cumulative totals cover the full launch week, not one viral afternoon. The prank coincided with World’s momentum. It did not create it.
The 2.3 million views were World’s own tally, a measure of attention rather than adoption. Meanwhile, prediction markets face fresh scrutiny, raising the cost of any misstep in trust.
For now, World has crypto’s attention and a working product behind the gag. Whether that attention becomes lasting users is the question the coming weeks will answer.
The World prediction market, which launched on Solana (SOL) barely a week ago, said it will move to Robinhood Chain. The team offered no clear reason for leaving so soon after its debut.
The switch reverses a story from days earlier, when World was Solana’s homegrown answer to Polymarket and Kalshi. Now it is tying its future to a mainstream broker’s network.
The project built attention with a stealth campaign, teasing a glowing globe and the line “Trade Everything” before any product. It then went live inside Phantom on July 1, a wallet with more than 15 million monthly users.
World never holds user money. It settles bets automatically using Chainlink data and pays winners in a stablecoin called CASH.
NEW: @world_xyz, the premier prediction market on @solana, adopts Chainlink as its primary oracle infra to unlock immediate resolutions & instant payouts.
That hands-off payout set it apart from Polymarket and Kalshi, where users often have to claim their winnings themselves.
The Solana Foundation itself championed the launch. Its head of consumer, Pedro Miranda, called prediction markets a showcase for what the network can do.
The app opened with short-term Bitcoin (BTC) price bets and 2026 FIFA World Cup markets. It also pushed out Kalshi inside Phantom, which had run the wallet’s markets since December 2025.
Its debut landed as the value of open bets across prediction markets hit a record $1.48 billion in June. That figure comes from a16z crypto.
Solana Out of the Prediction Market Race?
World framed the move as a considered choice. In its announcement, the team thanked the Solana Foundation and community but did not explain its thinking.
update: after careful deliberation from the team in the last 24 hours
world has made the decision to migrate off of solana and onto @RobinhoodCrypto chain
Notably, the team pointed to no technical fault with Solana, which offered low fees, fast trades, and support for Phantom’s users. That silence is why the move looks like a business decision rather than a fix.
The clearest pull is reach. Robinhood Chain launched on July 1 as its own blockchain for tokenized stocks and on-chain finance, built on Arbitrum technology.
Its parent serves nearly 28 million customers across 38 countries, most of them mainstream investors rather than crypto users.
Robinhood also has its own stake in the category. Prediction markets have been its fastest-growing product line by revenue, the company says.
“Robinhood is seeing strong customer demand for prediction markets, and we’re excited to build on that momentum,” said JB Mackenzie, VP and General Manager of Futures and International at Robinhood. “Our investment in infrastructure will position us to deliver an even better experience and more innovative products for customers.”
In its first year, more than 1 million customers traded over 9 billion contracts. Robinhood is now building a CFTC-licensed exchange with market maker Susquehanna.
Continuity helps too. Chainlink, which powers World’s payouts, already works with Robinhood Chain, so its setup can follow along. Such moves often come with grants or funding, though World has confirmed none.
Traders Question the Motive
Not everyone bought the friendly framing. Some users accused World of using Solana for launch-week attention, then leaving once the hype paid off.
User suggests unfavorable end for World. Source: Koki on X
Those claims stay unverified, and World has framed the change as a migration, not a shutdown.
Because the protocol never holds user funds, a shutdown alone would not lock up deposits. Still, the doubts flag a real risk for anyone holding open bets.
Still, others see the move as proof of Robinhood’s growing pull, given that a project backed by the Solana Foundation would jump ship so quickly.
Guys, wait a second.
Robinhood is taking over everything.
This prediction market project launched just one month ago with direct support from the Solana Foundation.
Now it has made a crazy pivot, announcing that it will deploy on Robinhood Chain.
World Cup betting shows how much money now moves through the prediction market sector. One Polymarket trader lost $11.6 million on those markets in early July.
For now, key details stay thin, including how open bets move and when trading opens on the new chain. Whether the Robinhood bet pays off will hinge on the volume revealed in the coming weeks.
Our predictions show that SOL will achieve a high of $195.327 in 2026.
In 2029, it will range between $175.518 and $377.640, with an average price of $276.579.
By 2032, SOL is expected to trade between $316.773 and $727.605, with an average price of $522.189.
Despite occasional challenges for the Solana network ecosystem, including network congestion and competition from other blockchain platforms, the current sentiment shows that Solana demonstrates resilience and adaptability, despite the current price fluctuations, positioning itself as a leading player in the decentralized finance (DeFi) and Web3 landscape.
Overall, the prevailing sentiment regarding the current Solana price within the Solana community reflects the current sentiment of confidence and excitement among investors, driven by the growing interest in Solana with stakeholders eagerly anticipating the platform’s continued evolution and impact on the broader crypto ecosystem.
While uncertainties persist, Solana’s innovative approach, along with its low transaction fees and robust infrastructure instill optimism for its future price action, as indicated by the technical factors and technical analysis. In this article, we’ll explore Solana price prediction and market dominance, particularly when evaluated against momentum indicators. This brings the question “How high can SOL go in 2026 and beyond?” and we’ll try to answer that.
Overview
Cryptocurrency
Solana
Token
SOL
Price
$82.64(+1.49%)
Market Cap
$48.07 Billion
Trading Volume (24-hour)
$3.95 Billion
Circulating Supply
578.45 Million SOL
All-time High
$294.33 Jan 19, 2025
All-time Low
$0.5052, May 11, 2020
24-hour High
$83.06
24-hour Low
$80.46
Solana price prediction: Technical analysis
Market Sentiment
Bullish
50-Day SMA
$81.38
200-Day SMA
$100.29
Price Prediction
$82 (+5%)
Fear & Greed Index
28 (Fear)
Green Days
15/30 (50%)
14-Day RSI
62.91 (Neutral)
Solana price analysis: SOL climbs past $80
TL;DR Breakdown:
Solana price analysis shows bullish pressure as SOL rises to $82
The altcoin gained 1.49% of its value in last 24-hours.
Support for SOL/USD is at $71
Today, on July 7, the Solana price analysis reveals bullish momentum as the price rises to the $82.7 mark.
Solana price analysis 1-day chart: SOL rises to $82
The daily price chart shows a slow decline to the $79 mark where SOL found support to recover to the current $82 mark.
The distance between the Bollinger Bands defines the intensity of volatility. This distance between high and low bands is wide, leading to increased volatility. Moving ahead, the upper limit of the Bollinger Bands indicator, acting as the resistance band, has shifted to $85.04. The indicator’s mean line, which shows a support level, has shifted to $64.34.
The Relative Strength Index (RSI) indicator is trading in the neutral region. The indicator’s value has increased to 65.56 in the last candle, and its curve suggests bullish market sentiment at the level. If buying activities continue to intensify, further volatility in the market can be expected. However, the short-term indicators suggests a trend correction.
SOL/USD 4-hour price chart
The four-hour price analysis of the Solana shows the price observes strong bullish momentum in recent hours as price climbs past $82 mark.
The Bollinger Bands are wide and show divergence, hinting at a falling volatility level. This level of volatility signifies decreased market unpredictability. Moving forward, the upper Bollinger Band has shifted to $82.70, securing the resistance point. Conversely, the lower Bollinger Band has moved to $80.14, indicating support.
The RSI indicator is in the overbought region. Currently at 62.00, the RSI’s position is showing bullish sentiment. The level of the index suggests low momentum with room for volatile movement across the short-term. The current slope suggests bullish pressure but we can expect a fall back to the $79 mark if the bullish momentum is unable to climb past $85.
The Solana price analysis suggests a bearish prediction based on ongoing market events for the day. The SOL/USD pair fell to the $79 mark from the highs of $84. SOL then recovered to $82 mark where it trades at press time.
Is SOL a good investment?
Solana is a high-performance blockchain platform known for its robust scalability and speed due to various technological advancements, particularly in the crypto space boasting a substantial Total Value Locked (TVL). The network continues to hit key development milestones. Despite a challenging month, price predictions indicate a more positive outlook, suggesting the potential for Solana’s growth and future growth.
Why is SOL up?
Solana found support at $79 and rose to $82 mark where it continues to observe bullish momentum.
What is Solana going to be worth in 2026?
The Solana (SOL) price prediction for 2026 suggests a minimum value of $83.93 with an average price of $115.48, driven by fundamental factors in the market. The price could reach a maximum of $179.36 during the year.
Will SOL reach $1,000?
The price forecasts indicate that SOL could reach the $1000 mark by mid 2030s, influenced by trends in the broader crypto market. Given the bullish scenario and the projected positive market sentiment and growth trend, SOL might reach $1,000 within the next five years.
Can Solana reach $5,000?
Reaching $5,000 is plausible but would likely take several years beyond the current forecast period. However, a snowball in the asset’s adoption might bring the moment sooner.
Does SOL have a good long-term future?
Yes, Solana has a good long-term future, with a promising market capitalization and exciting potential ROI due to its high scalability, which makes Solana an attractive investment. Its growing adoption, strong developer community, and strategic partnerships further enhance Solana’s forecast of its potential for sustained growth.
Recent news/updates on Solana
Securitize is bringing its own stock onchain on Solana. The stock available on the New York Stock Exchange will be tokenized and available globally to Solana users
BREAKING: Securitize is bringing its own stock onchain on Solana.
The same $SECZ common stock listing on the NYSE. Issuer-sponsored, tokenized, available globally and to eligible US investors on day one. Live only on Solana. pic.twitter.com/4247WrQOo4
The SOL price prediction 2026 for July suggests a range of outcomes based on current market trends, greed index, and analysis. The forecast anticipates SOL to fluctuate between a minimum of $59.32 and an average of $81.99, and potentially attain a maximum of $98.25.
Month
Minimum Price ($)
Average Price ($)
Maximum Price ($)
July
59.32
81.99
98.25
Solana Price Prediction 2026
Solana (SOL) is predicted to reach a minimum of $55.65 in 2026. Experts suggest that future price movements indicate the coin could climb to a maximum of $217.03, with an average price around $139.73.
Year
Min. Price ($)
Average Price ($)
Maximum Price ($)
2026
55.65
139.73
217.03
Solana (SOL) price prediction 2027-2032
Year
Min. Price ($)
Average Price ($)
Maximum Price ($)
2027
117.936
141.084
230.112
2028
133.479
202.536
348.057
2029
175.518
276.579
377.640
2030
206.388
328.617
450.837
2031
207.522
366.057
524.601
2032
316.773
522.189
727.605
Solana Price Prediction 2027
In 2027, Solana’s price is forecast to trade at a minimum of $117.936, reflecting the continued growth of the Solana blockchain. The coin could reach a maximum value of $230.112, with an average trading price of $141.084.
Solana Price Prediction 2028
If bullish momentum continues into 2028, SOL may record a minimum price of $133.479, a maximum of $348.057, and an expected average of $202.536.
Solana Price Prediction 2029
Analysis indicates that Solana could maintain its upward trajectory in 2029, with the price potentially hitting a minimum of $175.518, a maximum of $377.640, and an average of $276.579.
Solana Price Prediction 2030
Based on projections for 2030, Solana may trade at a minimum of $206.388, with an average price of around $328.617 and a possible peak of $450.837.
Solana Price Prediction 2031
Solana’s price is expected to reach a minimum of $207.522 in 2031. Analysts forecast a maximum value of $524.601 and an average trading price of $366.057.
Solana Price Prediction 2032
In 2032, Solana is projected to trade at a minimum of $316.773, with an average price of $522.189, while the maximum price could reach $727.605 if favorable market conditions persist.
Solana price prediction 2027-2032
Solana market price prediction: Analysts’ SOL price forecast
FirmName
2026
2027
Changelly
$167
$248.
DigitalCoinPrice
$132.89
$162.57
Cryptopolitan’s Solana (SOL) price prediction
Our predictions show that SOL will achieve a high of $195.327 in 2026. In 2029, it will range between $175.518 and $377.640, with an average price of $276.579. By 2032, SOL is expected to trade between $316.773 and $727.605, with an average price of $522.189.
However, it is advised to do your own research and conduct expert opinion before investing in the volatile crypto market.
Solana (SOL) historic price sentiment
Solana Price History
Solana was launched in April 2020 and has gained popularity over the last 18 months. Its price surged from $0.75 to a high of $214.96 in early September.
Following NFT hype and growing demand in the DeFi community, the cryptocurrency Solana (SOL) price more than tripled during the summer of 2021. Solana (SOL) token became the fastest-growing cryptocurrency and is currently ranked fifth with a live market cap of nearly $66 billion.
2022 saw Solana leap to its all-time high of $260, but SOL failed to close the year anywhere near that high, as the price came crashing down to below $40 by June. The bearish markets were marked by high skepticism as trading volumes declined throughout the crypto markets.
The price continued to trade below the $40 level until November 2023, when Solana gained momentum and started a bullish rally again to close the year at $101.84.
In 2024, Solana (SOL) saw significant growth, with its price rising from $83.62 in January to a high of $202.87, fueled by its dominance in DeFi, NFTs, and decentralized exchanges. However, the price fluctuated through the year, retracing to $131 in September after struggling to maintain key levels.
October brought a positive rebound as SOL rose from $152 to close at $167, but early November started bearish, with the price dipping to $160.
However, Solana bounced back sharply and closed the month above the $230 mark. December, on the other hand, has observed a slow start as price volatility remains low.
Solana’s (SOL) price rose significantly in January 2025 from below the $190 level to close the month above $210. However, the latter half of the month saw the price decline from the $230 mark, a trend that continued through February ending the month below $150.
In March the price continued falling as the bears continued dominating the short to mid term markets ending the month below $125. In April the bearish rally has only continued as the price falls towards $100. However, the bulls bounced back in the middle of the month and ended the month around $150.
In May the price continued to rise and ended the month above the $165 price level, a trend that could not extend through June as the month saw a decline falling below the $150 price level to end the month.
July saw a sharp rise to the asset’s volatility with SOL crossing the $200 mark. However, the price could not be maintained and SOL ended the month below the $180 level. In August, on the other hand, SOL made strides and managed to close the month above the $205 mark.
In September, the volatility rose sharply as the price rose to the $250 price level but failed to maintain the level and ended the month at $230. In October, the decline increased sharply as SOL ended the month below $170. In November, and December the decline continued with SOL ending the year at the $125 mark.
In January, the trend continued with Solana crashing towards the $100 mark during the period. In February the decline continued as SOL declined below the $80 mark near the end of the month. In March, the trend continued for the first half but later made some recovery ending the month around the $78 mark.
In April, SOL saw volatility as price spiked to the $90 mark but ended up closing the month around the $83 mark. In May, the price recovered initially but declined again to end the month around the $80 mark.
In June, the trend continued with SOL ending the month around the $73 mark.
BONK DAO has confirmed that attackers drained an estimated $20 million worth of BONK tokens from its treasury through a malicious governance proposal.
The stolen funds have reportedly started moving to exchanges, prompting the project to coordinate with exchanges, the Solana Foundation, and law enforcement in an effort to recover the assets.
BONK DAO Confirms $20M Governance Attack
BONK DAO has become the latest victim of a high-profile decentralized governance attack after confirming that approximately $20 million in BONK tokens was drained from its treasury.
BonkDAO was the target of a malicious governance proposal resulting in an estimated $20M worth of BONK tokens being drained from the BonkDAO treasury.
During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal. BonkDAO is…
According to the project’s official statement, the attacker successfully passed a malicious governance proposal, allowing treasury funds to be transferred to wallets under their control. BONK said it has already identified the exchange wallets used to accumulate voting power before the proposal was executed.
The team is now working alongside exchanges, the Solana Foundation, bridges, and law enforcement to track the stolen assets and explore recovery options.
How the Attack Worked
Preliminary on-chain analysis shared by blockchain investigators suggests the attacker purchased roughly $4 million worth of BONK to secure enough voting power for the proposal.
Once approved through BONK DAO’s governance system on Solana’s Realms platform, the proposal authorized the transfer of an estimated $20 million from the DAO treasury.
Unlike a smart contract exploit, the incident appears to be a governance attack, where token-weighted voting was used to legitimately approve a malicious treasury transaction.
Reports also indicate that portions of the stolen BONK have already begun moving to cryptocurrency exchanges, raising concerns that the attacker may attempt to liquidate the holdings.
What’s Next for BONK?
The investigation remains ongoing, with BONK stating that recovery efforts are underway.
The incident is expected to renew industry debate over DAO governance security, particularly around safeguards such as timelocks, multisignature approvals, and treasury execution delays designed to prevent single governance proposals from draining protocol funds.
Investors will now be watching for updates on potential fund recovery, exchange actions, and whether BONK introduces governance reforms to strengthen treasury protection.
Crypto trader Ansem has urged Pump.fun to launch a PUMP airdrop worth up to $300 million for early users. The demand lands less than two weeks before the platform’s first investor token unlock on July 12.
Pump.fun (PUMP) trades near $0.0015, more than 80% below its September 2025 peak. The debate now centers on whether rewards or burns offer holders better protection when locked tokens hit the market.
Ansem’s argument is that a large distribution would reward loyal traders and repair public opinion toward the platform, potentially driving price upwards.
“all im saying is if they give the trenches a $250-$300M airdrop stimmy as solana is breaking out & gaining attention again + incentivize future trading volumes, the public opinion towards them would change at breakneck speeds,” Ansem suggested.
His words carry weight in the meme coin community. The ANSEM token gained nearly 20,000% in a week after he pledged weekly creator fee airdrops. The platform, however, has not announced any airdrop plans.
He originally received 65% of the supply, and has since sent out a total of 6.6% as airdrops. That’s $11.22 MILLION of airdrops sent out at the current price.
Pump.fun has so far chosen destruction over distribution. In April, the platform executed a $370 million token burn that removed about 36% of the circulating supply. It also committed half of its revenue to automated buybacks and burns for one year.
Critics said those tokens should have gone to users instead. Co-founder Alon Cohen defended the strategy at the time.
“Every dollar not burned is a dollar being put to work toward the same outcome,” Cohen said in a post.
Yet supply reduction has not delivered lasting price gains. An earlier buyback program struggled against sustained whale selling in late 2025.
The July 12 unlock now poses a bigger test. It falls one year to the day after PUMP sold at $0.004 in its initial coin offering.
As the cliff expires, 82.5 billion tokens worth roughly $133 million will vest to existing investors, according to Tokenomist data.
The tranche equals about a fifth of the circulating supply. Moreover, PUMP remains 62% below its ICO price despite gaining almost 20% over the past week.
Pump.fun can answer Ansem with an airdrop, more burns, or silence. Whichever it chooses, July 12 will test whether shrinking supply and renewed attention can cushion its first investor unlock.
For readers tracking where the market is actually changing, this is the part that matters. Crypto ETF Inflow Split: Ether and Solana Products Gain While Bitcoin Outflows Exceed $290M gives NewsBTC readers a clean angle on ETF at a point where the market is trying to separate durable signals from short-lived noise.
According to the source material reviewed for this report, the story turns on a few concrete details rather than vague sentiment. That matters because crypto headlines can move quickly, but the pieces that tend to last are the ones backed by filings, official releases, data dashboards, or protocol-level records.
TL;DR
On July 1, U.S. spot Bitcoin ETFs recorded outflows of $294.62 million, extending their redemption streak.
Conversely, Ethereum and Solana exchange-traded products drew positive inflows.
The divergence suggests asset-specific rotation rather than an all-out crypto product exit.
Why This Matters Now
The immediate relevance is that this development fits into one of the market’s main themes for the day: institutional positioning, network usage, regulatory pressure, protocol development, or asset-specific rotation. In this case, the key topic is ETF, which is why it deserves a dedicated read rather than being buried inside a broader market recap.
For traders, the useful part is not simply that the headline exists. It is the way the facts line up with the current market backdrop. When official sources, market data, or protocol records show a fresh shift, readers get a better sense of whether the move is just a one-day reaction or part of something more structural.
The Details Behind The Move
The core source for this story is farside.co.uk with supporting data from farside.co.uk. That source trail is important because the final article should not rely on discovery-only media links or second-hand summaries.
On July 1, U.S. spot Bitcoin ETFs recorded outflows of $294.62 million, extending their redemption streak.
Conversely, Ethereum and Solana exchange-traded products drew positive inflows.
The divergence suggests asset-specific rotation rather than an all-out crypto product exit.
The numerical claims in the pack were tied back to specific source material before writing. ‘$294.62 million’ sourced from Farside Investors Bitcoin ETF flow daily ledger (July 1, 2026)
What Traders And Investors Should Watch
The caution is just as important as the headline. Do not claim Solana spot ETFs are fully live in the U.S. if referring to overseas or futures index wrappers.
That means the cleaner read is to treat this as a confirmed development with a defined scope, not as proof of a guaranteed price move or a sweeping market shift. In crypto, the difference matters. A verified data point can strengthen a thesis, but it does not remove execution risk, liquidity risk, regulatory uncertainty, or the possibility that traders fade the initial reaction.
For now, the story gives the market another piece of evidence to weigh. If follow-up filings, dashboard updates, protocol records, or official statements confirm further momentum, the angle can develop into something larger. If not, it still stands as a useful snapshot of where activity is concentrating today.
Solana memecoin trading platform Pump.fun has removed agent mode for new token launches, following community requests.
Pump.fun announced the decision on Tuesday, saying the Tokenized Agent launch option is deprecated, effective immediately. Co-founder Alon Cohen said it’s the first step to “removing launch options that don’t add enough value to users.”
Last month I promised that we would start removing launch options that don’t add enough value to users.
Today, we began this process, and are continuing to take big steps towards a healthier ecosystem. 🧵 https://t.co/OnKOH3LRU9
Cohen said the Tokenized Agents feature was introduced with the intention of bootstrapping on-chain agents with automated buyback and burn mechanics. However, it resulted in excessive griefing, confusion among traders, and “needless PVP.”
“Coins PVPing each other because of launch modes benefits no one. It slows down momentum for narratives and pushes people away from our ecosystem,” Cohen wrote on X.
The change applies to new token launches, according to Pump.fun. Existing coins that already enabled the agent mode feature will remain unaffected.
Cohen did say Pump.fun is still “super bullish” on the Tokenized Agents sector, adding there is a possibility the feature returns, but not as a launch option.
Community cites rare “W”
The Pump.fun community seems well receptive of the decision. Most of the reactions agree that removing the agent mode was a much-needed move.
Meanwhile, the news comes as Pump.fun activity heats up again, with the launch of a new token dubbed $ANSEM. The memecoin made the rounds on X after surging by 8500% over the last two days, reaching a $172M market cap.
The token is named after the popular Solana memecoin influencer Ansem, who reportedly holds 604M $ANSEM, representing more than 60% of the supply.
On Monday, Ansem had airdropped $6.7M in $ANSEM to 700+ wallets, with most of the recipients still holding their tokens.
UPDATE: 60% are STILL holding their $ANSEM airdrop
Some traders argue that Pump.fun’s decision to deprecate the agent mode is only coming due to Ansem’s influence.
Another Pump.fun feature goes badly
Pump.fun has had to deal with extreme cases where its features are used for unintended reasons.
Cryptopolitan once reported that live streamers on Pump.fun staged a fake private jet crash to lure viewers and pique their interest in their memecoin. Following a series of similar stunts, Pump.fun eventually removed the live-streaming feature.
Earlier in June, Pump.fun launched a “Pay ANYONE to do ANYTHING” bounty marketplace called Pump Fun GO. Just a few hours after launch, a user posted a bounty worth 10,000 SOL (roughly $690,000) referencing suicide, Cryptopolitan reported.