Solana Treasury Giant Sends 455,784 SOL To Coinbase Prime: Selling Move?

GO's launch could boost Solana's transaction volume, but unclear moderation policies may pose risks to its long-term sustainability. The post Pump.fun launches GO platform for bizarre bounty tasks on Solana appeared first on Crypto Briefing.

Solana price has fallen to a multi-year low as a major corporate holder moved $31.9 million worth of SOL to Coinbase Prime, adding to fears that whales are reducing exposure during the market selloff. According to data from crypto.news, Solana…

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Pump.fun has launched a new feature that allows users to pay “anyone” to do “anything”, which has triggered a wave of concern across the crypto community, with critics warning it could revive the same dangerous behavior that fueled the platform’s 2024 livestream scandal. Related Reading: Bitcoin Price In ’Vulnerable Position’ As 2022 Playbook Repeats – Is $54,000 Next? Pump.Fun Launches Bounty Feature For ‘ANY’ Task On Thursday, Solana’s memecoin launchpad, Pump.fun, introduced a new feature that allows users to create and complete bounties “for ANY task and leverage the power of humans & money across the globe.” Under the premise of “Pay ANYONE to do ANYTHING,” Pump.fun GO is set to combine humans and money, which they deemed “the most powerful tools on Earth” in the X announcement. “We’re combining both of them with GO: an all encompassing bounty platform where ANYONE can create or complete bounties for ANY task for UNLIMITED rewards,” the platform stated. According to the post, user

Forward Industries' SOL deposit to Coinbase Prime may signal potential market shifts, impacting SOL's price and investor sentiment significantly. The post Forward Industries deposits $32M in SOL to Coinbase Prime after month of inactivity appeared first on Crypto Briefing.

Solana has been struggling with selling pressure as the broader market feels the weight of a correction that has tested support levels across the ecosystem. The price is under stress — and data from Arkham Intelligence has identified a specific institutional transaction that adds a direct supply dimension to the current weakness on one of the most closely watched blockchains in crypto. Related Reading: HYPE Defies Market Selloff As Whales Withdraw Another $108M From Exchanges Forward Industries — a publicly traded company that has been building a Solana treasury strategy, accumulating SOL as a primary reserve asset in a model that draws direct comparison to MicroStrategy’s Bitcoin approach — has deposited 455,784 SOL worth approximately $31.87 million to Coinbase Prime after a month of complete inactivity. Forward Industries moves Solana to Coinbase | Source: Arkham A company that has been building a SOL treasury and has shown no exchange-directed activity for a full month, choosing th

Pump.fun has launched a new bounty marketplace that has attracted more than 1,100 submissions and listed over 320 active tasks within hours of going live. According to Pump.fun, the Solana-based meme coin platform introduced GO on June 5 as a…

Pump.fun launched GO, an escrow-based bounty marketplace letting anyone post and complete tasks for SOL rewards, within hours a user posted a 690000 dollar suicide-linked listing the platform has yet to address.