Pump Fun Token Sale sold out in 12 minutes, raising $500M.

$448M was raised on-chain via Solana, $52M through centralized exchanges, and 1,000 people bought 75% of the total allocation.

On Hyperliquid, $PUMP is currently trading at a $6.5B FDV, compared to the $4B FDV during the sale.

Due to high volatility, many users are waiting to LP via DLMM.

Following the $PUMP sale, $BONK surged 17% the same day.

The Bonk ecosystem saw massive growth, with on-chain volume on Raydium reaching nearly $1B in 24 hours.

Additionally, @SolportTom shared that BonkFun is beginning to attract Chinese users.

Many of whom have not touched the Solana trenches that much, potentially unlocking a wave of new liquidity.

This week, @REXShares Solana ETF recorded both its highest daily inflow and its first outflow.

In just 7 days, they bought $81.9M worth of SOL.

Meanwhile, @defidevcorp added another 153,225 SOL, bringing their total holdings to 846,630 SOL (~$133.1M).

In addition, @BITMining_BTCM announced a $200M–$300M strategic expansion into the Solana ecosystem, asanother major potential buyer.

@DeFiTuna announced a pre-sale for its upcoming token $TUNA at $50M FDV.

Anyone who interacted with DeFiTuna between December 14, 2024, and May 10, 2025, is eligible.

Wallets will be able to purchase up to $10,000 worth of $TUNA using $SOL. Only $SOL will be accepted for the pre-sale.

The sale will conclude once the entire allocation is sold out.

Kamino has surpassed $4B in deposits, becoming the top Solana protocol by TVL, $1B ahead of Jito.

Meanwhile, $USDG is now the #3 stablecoin on Solana, just behind USDC and USDT, driven by Kamino’s active lending and leverage markets.

There is a new treasure company @UpexiTreasury announced raising $200M, with $150M led by @BigBrainVC and a $50M equity round.

Funds will be used to buy more $SOL, which will boost its Solana treasury to ~1.65M $SOL upon expected closing in July 2025.

@solanamobile Seeker begins shipping in 3 weeks on August 4.

Visit the official website to confirm your shipping address and taxes.

If you do not do this, your device might be delayed and miss the first shipment.

To ensure that you can safely and quickly enjoy Solana DeFi, use Solflare Wallet!

Download now → https://www.solflare.com/ (Available on Android, IOS, Browser extensions)