Exit – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Fri, 29 Aug 2025 19:15:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Exit – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Ethereum Could Suffer $5 Billion Sell Pressure As Exit Queue Crosses 1 Million ETH https://earlybirdsinvest.com/ethereum-could-suffer-5-billion-sell-pressure-as-exit-queue-crosses-1-million-eth/ https://earlybirdsinvest.com/ethereum-could-suffer-5-billion-sell-pressure-as-exit-queue-crosses-1-million-eth/#respond Fri, 29 Aug 2025 19:15:55 +0000 https://earlybirdsinvest.com/ethereum-could-suffer-5-billion-sell-pressure-as-exit-queue-crosses-1-million-eth/

Ethereum is staring down one of its most significant supply risks as more than 1 million ETH, valued at $5 billion, lines up for withdrawal from staking. The unprecedented exit queue has ignited debate over whether the network could face a wave of selling pressure or if the movement marks a rotation of capital within the Ethereum ecosystem.

Ethereum Sees Record Validator Exodus 

Ethereum faces what analysts describe as the largest validator exit events in its Proof of Stake (PoS) history. Blockchain data from ValidatorQueue shows more than 1 million Ether, worth roughly $5 billion, awaiting withdrawal. Notably, validators, who play a central role in securing the network by adding new blocks and verifying transactions, have lined up to withdraw their tokens. This surge in exits has pushed the waiting period to a record of 18 days, as of writing. 

Related Reading

Etherscan also reports that on August 20, Ethereum’s validator exit queue surged past 916,000 ETH, the highest level in over a year. That figure ballooned to more than 1 million in less than two weeks, highlighting the rapid acceleration of withdrawals. At the same time, however, Ethereum’s entry queue also expanded—rising from just 150,000 ETH to over 580,000 ETH—creating a net staking increase of about 200,000 ETH in the past week. 

Ethereum
Source: Chart from ValidatorQueue on X

The timing of this upcoming withdrawal coincides with Ethereum’s significant price growth, which has seen the cryptocurrency gain more than 72% over the past few months. A substantial share of this pending Ether could be sold as stakers lock in profit after a rally. Moreover, if a large fraction of the $5 billion supply is unloaded on the open market, ETH could experience a sharp wave of sell pressure. 

However, while headline figures appear alarming, analysts caution against assuming that all withdrawn Ether will be dumped. Crypto market expert Joe Swanson notes that institutional buyers and Ethereum ETFs have been absorbing substantial amounts of ETH, thereby cushioning the potential downside. He argues that although the exit queue suggests short-term turbulence, the cryptocurrency’s long-term trajectory remains bullish, with projections still targeting levels above $5,000. 

Exits Signal ETH Market Rotation, Not Abandonment

ValidatorQueue’s data highlights that while the exit queue surpasses 1 million, the entry queue sits above 726,000. This implies a net staking outflow of over 320,000 ETH, indicating a possible rotation of capital rather than wholesale abandonment. 

Related Reading

Supporting this, crypto expert Minal Thukral stressed on X that the spike in the ETH validator queue should not be misinterpreted as a crisis. Thukral noted that Ethereum’s protocol is designed to intentionally rate-limit exits to ensure network stability, meaning congestion may not be the issue. 

According to the analyst, validator exits are better understood as capital rotations. He explained that large stakers are likely reallocating funds into liquid staking services, restating, or adjusting positions in anticipation of ETFs. At the same time, demand to enter the staking queue remains strong. This interplay between exits and entries paints a picture of a maturing market, with the real question being where the withdrawn ETH will flow next.

Ethereum
ETH trading at $4,355 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

]]> https://earlybirdsinvest.com/ethereum-could-suffer-5-billion-sell-pressure-as-exit-queue-crosses-1-million-eth/feed/ 0 55768 CFTC’s Kristin Johnson to Exit September 3, Cites Public Service Goals https://earlybirdsinvest.com/cftcs-kristin-johnson-to-exit-september-3-cites-public-service-goals/ https://earlybirdsinvest.com/cftcs-kristin-johnson-to-exit-september-3-cites-public-service-goals/#respond Wed, 27 Aug 2025 14:11:49 +0000 https://earlybirdsinvest.com/cftcs-kristin-johnson-to-exit-september-3-cites-public-service-goals/

Kristin Johnson has announced that she will leave her role at the US Commodity Futures Trading Commission (CFTC) on September 3.

Her decision to depart comes after she previously stated that she would not remain in the position through the full term, which ends in 2026.

She released a press release on August 26 expressing appreciation for the opportunity to serve. Johnson mentioned that she is exploring other ways to contribute to the public good, particularly in areas that support consumers and the financial system.

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Johnson also emphasized the importance of continued support for CFTC staff. She stated that the agency must be equipped to manage large shifts in financial systems and trading practices, especially when those changes impact market structure.

She reiterated her view that digital asset firms should be held to clear rules, with oversight frameworks that promote both innovation and responsibility.

During her tenure at the CFTC, Johnson focused on topics that included cybersecurity and the impact of artificial intelligence (AI) on financial markets.

Appointed by President Joe Biden, Johnson joined the CFTC in March 2022 and was the only Democratic commissioner serving at the time. Once she steps down, only Acting Chair Caroline Pham will remain in office.

On August 9, Bo Hines announced his resignation as head of the White House’s crypto council. What did he say? Read the full story.

]]> https://earlybirdsinvest.com/cftcs-kristin-johnson-to-exit-september-3-cites-public-service-goals/feed/ 0 55379 BlackRock and Wall St. Exit US Markets, Bracing for Ricesion https://earlybirdsinvest.com/blackrock-and-wall-st-exit-us-markets-bracing-for-ricesion/ https://earlybirdsinvest.com/blackrock-and-wall-st-exit-us-markets-bracing-for-ricesion/#respond Fri, 22 Aug 2025 14:10:40 +0000 https://earlybirdsinvest.com/blackrock-and-wall-st-exit-us-markets-bracing-for-ricesion/

BlackRock is one of the four jockeys in the US economy, along with investment giants Vanguard, Fidelity and State Street. And now there is a prediction of Moody’s recession terrible All these institutions.

All of these investment institutions are phenomenal for the US economy. Here’s why:

Moody’s recession forecast: 2 more weeks

The risk of a recession is increasing, according to Moody’s chief analytics economist Mark Zandy. In a recent post on X, he warned that US growth is shaking under increasing policy pressure.

Zandi later revealed that he doesn’t believe the economy is still in a formal recession, but said certain sectors have already slipped into one.

In an interview with Business Insider, Zandi pointed to tariffs, immigration restrictions and Federal Reserve policies as major headwinds. Together, he said they are creating extraordinarily high uncertainty, stalling investments and hiring.

These include BlackRock, which manages over $12.5 trillion in assets under management, with roughly 40% of US GDP in tension and already selling its holdings.

September is always a bad month for stocks. Historically, September was a S&P 500 cemetery, with an average loss of 1.1%, dating back to 1928. Two more weeks may begin.

(Polymet)

Needless to say, in a recent report, BlackRock cited these economic concerns.

  • Lack of aging: Developed countries have record fertility rates (Google “Sperm Count 2045”). This could lead to high inflation over time and change the demand for older-accommodating industries such as healthcare, real estate and leisure.
  • Fragmented World: According to BlackRock, “I think the Ukrainian war and frup-responsible US-China relations guided us through a new era of global fragmentation and competing defence and economic bloc.” BlackRock believes global economic growth will become more precarious, but it could be in emerging markets.

Discover: 9+ Best High Risk, High Reward Cryptographs for Buying in July 2025

Jackson Hole: crashes the economy without survivors

(x)

The final bit of the scary investors in the news is today’s Fed meeting in Jackson Hole, Wyoming.

Wall Street is forecasting a significant reduction in interest rates from the Federal Reserve this fall, pointing to the most likely September. But covering these hopes is the tariffs introduced by President Donald Trump, which has added economic tensions, and the administration is leaning heavily towards the Fed to change its policies.

Unlike past Jackson Hole meetings, many experts believe that Powell is unlikely to provide a strong cues.

image
(x)

Inflation remains more sticky than targets, driven higher by tariffs, leaving cases for reductions covered in mud. Some analysts argue that they want more evidence before the central bank moves.

The reality is that the US economy feels like it’s moving away from the bad:

  • Student loan debt While credit card debt has skyrocketed, it has hit an astonishing $2 trillion.
  • Banks tighten consumer credit. When this happens, consumer spending continues to be strong, but shifts to credit, but becomes shafts.

Discover: Next 1000x ciphers: 10+ crypto tokens that can hit 1000X in 2025

Is that a bad thing?

Time is drawn near the moment. Bell was finally found guilty for America, America. By early 2026, food will be luxurious.

No, things aren’t That’s bad, All signals show slowdown, if not collision, if not, due to another stock and another inventory of crypto, which many expect to come in the fourth quarter from interest rate cuts. But please stay calm. Things get better. I drink a large amount of Chibas with confidence. joke. Partially.

Stick to long-term investments with a solid foundation, sell what you need for immediate cash, and trust that everything will ultimately be fine. Get some fresh air and touch the grass.

Exploration: Tether CEO Paolo Aldoino wants net positive from the US election, says Bitcoin’s strategic reserve is a great idea: exclusively for 99Bitcoins

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Key takeout

  • BlackRock, along with investment giants Vanguard, Fidelity and State Street, is one of the four jockeys in the US economy, and now they’re all frightening.

  • Today I’m looking at Powell at Jackson Hole. To soften inflation and labor measurements.

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]]> https://earlybirdsinvest.com/blackrock-and-wall-st-exit-us-markets-bracing-for-ricesion/feed/ 0 54560 Ethereum staking faces $3.28 billion exit queue as delays hit longest wait in months https://earlybirdsinvest.com/ethereum-staking-faces-3-28-billion-exit-queue-as-delays-hit-longest-wait-in-months/ https://earlybirdsinvest.com/ethereum-staking-faces-3-28-billion-exit-queue-as-delays-hit-longest-wait-in-months/#respond Thu, 14 Aug 2025 15:36:09 +0000 https://earlybirdsinvest.com/ethereum-staking-faces-3-28-billion-exit-queue-as-delays-hit-longest-wait-in-months/

Ethereum’s staking network is under sustained withdrawal pressure, with the validator exit queue experiencing its longest wait time over the past month.

Data from the Validator Queue shows that, as of Aug. 14, stakers face an average of 12 days before they can fully withdraw their funds, a sharp departure from the typical sub-day turnaround.

Ethereum Validators Queue
Ethereum Validators Queue (Source: validatorqueue.com)

CryptoSlate first highlighted this trend on July 21, when the withdrawal queue surpassed the entry queue. The backlog has remained elevated ever since.

As of press time, 698,575 ETH (roughly $3.28 billion) are queued for withdrawal, while only 105,000 ETH, valued at about $472 million, are currently entering the network.

Ethereum Validators Queue
Ethereum Validators Queue (Source: validatorqueue.com)

What is driving staked ETH withdrawals?

DeFi analyst Ignas pointed out that the most recent withdrawals are concentrated among the top three liquid staking token (LST) providers, including Lido, EtherFi, and Coinbase. These platforms allow users to stake ETH while retaining liquidity through derivative tokens.

Top Ethereum Stakers Withdrawing
Top Ethereum Stakers Withdrawing Their Assets (Source: Ignas/X)

Considering this, he attributed the surge in withdrawals from these platforms to unwinding leveraged ETH positions to capture higher yields.

Meanwhile, he also noted that a widening stETH/ETH depeg may be influencing validator behavior, alongside large positions being taken in anticipation of upcoming ETH staking ETFs.

In addition, profit-taking could be another factor behind the exit wave. Long-term stakers may be taking advantage of Ethereum’s recent price rally to withdraw funds from the staking program and realize gains.

]]> https://earlybirdsinvest.com/ethereum-staking-faces-3-28-billion-exit-queue-as-delays-hit-longest-wait-in-months/feed/ 0 53176 Ethereum Validator Exit Queue Explodes To 521,000 ETH ATH, What This Means https://earlybirdsinvest.com/ethereum-validator-exit-queue-explodes-to-521000-eth-ath-what-this-means/ https://earlybirdsinvest.com/ethereum-validator-exit-queue-explodes-to-521000-eth-ath-what-this-means/#respond Sat, 26 Jul 2025 01:28:22 +0000 https://earlybirdsinvest.com/ethereum-validator-exit-queue-explodes-to-521000-eth-ath-what-this-means/

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Ethereum staking validator Everstake has announced that the validator exit queue has reached its highest point in one year. The expert further explained why this development might be a positive for the ETH ecosystem. 

Ethereum Validator Exit Queue Reaches New High

In an X post, Everstake stated that the Ethereum validator exit queue has reached its highest level in over a year, representing approximately 520,000 ETH, which is equivalent to $1.9 billion at current prices. The validator noted that this queue will take around 19 days to fully clear. He further explained that this exit queue tracks how many validators are leaving Ethereum’s staking system. 

This typically raises concerns about a huge sell-off being imminent from these validators. However, Everstake assured that the surge in the validator queue is not a sign of fear or collapse. Instead, the expert claimed that it is a shift, whereby these validators are more likely to exit and restake, optimize, or rotate operators than leave the ETH ecosystem. 

Meanwhile, Everstake admitted that there is still the possibility that these validators may want to lock in profits, especially seeing as the Ethereum price just recently surged to a six-month high. He noted that it is natural to assume that some stakers are preparing to sell, which could create short-term sell pressure and potentially cause ETH to correct.  

Ethereum
Source: Everstake on X

However, on the other hand, the validator remarked that Ethereum is seeing record ETF demand, with billions of dollars in net flows since the beginning of this month. As such, BlackRock, Fidelity, and other ETH ETF issuers could match this potential sell pressure with similar buying pressure. 

Everstake also declared that this development with the validator exit queue is a “sign of health” and the freedom to move. He claimed that activity like this shows how mature ETH staking has become, with the protocol doing what it was designed to do. He added that this is what decentralization looks like. 

ETH ETFs Record Inflows For 15 Consecutive Days

SoSo Value data shows that the Ethereum ETFs have now recorded 15 consecutive days of net inflows. This follows the net inflow of $231.23 million that they recorded on July 24. These funds currently hold $20.70 billion in net assets, representing 4.59% of Ethereum’s market capitalization. 

The significant inflows into these funds support Bitwise CIO Matt Hougan’s theory that ETH will soon witness a demand shock. He stated that this demand will come from the ETFs and corporate treasuries, predicting that they could purchase up to $20 billion of ETH in the next year.

At the time of writing, the Ethereum price is trading at around $3,630, up over 1% in the last 24 hours, according to data from CoinMarketCap.

Ethereum
ETH trading at $3,738 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

]]> https://earlybirdsinvest.com/ethereum-validator-exit-queue-explodes-to-521000-eth-ath-what-this-means/feed/ 0 49691 Ether stumbles as ETH validator exit queue hits 18-month high https://earlybirdsinvest.com/ether-stumbles-as-eth-validator-exit-queue-hits-18-month-high/ https://earlybirdsinvest.com/ether-stumbles-as-eth-validator-exit-queue-hits-18-month-high/#respond Thu, 24 Jul 2025 06:07:23 +0000 https://earlybirdsinvest.com/ether-stumbles-as-eth-validator-exit-queue-hits-18-month-high/

Ether dipped more than 7% from its 2025 high as the queue for validators and investors to unstake the asset hit an 18-month high on Wednesday. 

Ethereum is a proof-of-stake network that requires validators to stake the asset and lock up funds to secure the network.

Validators that want to exit Ethereum’s staking system need to go through a validator exit queue, “and in the past few days, the number has absolutely surged,” staking protocol Everstake reported on Wednesday.

There is currently 644,330 ETH worth around $2.34 billion lined up to leave with an 11-day wait, according to ValidatorQueue. There was a similar spike in the exit queue in January 2024 when ETH prices fell 15% in the second half of the month. 

Unstaking could mean validators are looking to free up the asset for sale, but that isn’t always the case.

Everstake said that it wasn’t a sign of fear or collapse, but a “shift,” adding that validators are likely exiting to “restake, optimize or rotate operators, not leaving Ethereum.”

They added that investors and holders also may want to lock in profits, “because it’s natural to assume that some stakers are preparing to sell, which could create short-term sell pressure and potentially lead to a price correction.”

Ethereum validator exit queue surges. Source: ValidatorQueue

Profit taking or repositioning? 

Despite the apparent exodus, there is also 390,000 ETH worth around $1.2 billion in the entry queue, meaning that the net amount being unstaked is only around 255,000 ETH.

Additionally, the entry queue has significantly increased since early June, which was when Ether treasury companies such as SharpLink and Bitmine started aggressively accumulating the asset. The majority of corporate strategy firms have said they will stake ETH for additional yields. 

Related: Ether Machine founder claims ETH outperformed BTC over past 10 years

The number of active validators is also at an all-time high of just below 1.1 million, as is the amount staked, which is around 35.7 million ETH, or almost 30% of the total supply, worth around $130 billion. 

Ether price dips from 2025 high

The asset has retreated around 7% from its seven-month high of $3,844, which it hit on Monday, dipping below $3,550 during late trading on Wednesday as traders lock in profits. 

ETH prices had recovered marginally to $3,643 at the time of writing and remain up more than 50% over the past month. 

There has also been a huge demand from US spot Ether ETFs, which have seen more than $2.5 billion in inflows over the past six trading days, and that is without a staking ETF being approved. 

“We have seen $8 billion in net inflows through DeFi bridges into Ethereum mainnet over the last three months and a sizeable increase in Ethereum ETF inflows, despite BTC ETF seeing outflows,” Apollo Capital’s chief investment officer, Henrik Andersson, told Cointelegraph.

“This demonstrates interest from onchain natives and institutions,” he added. 

Lido liquid staking token briefly depegs 

Tron founder Justin Sun also recently removed around $600 million worth of ETH from the Aave DeFi lending platform, causing a brief depeg in stETH (STETH), Lido’s liquid staking token, and a sharp drop in liquidity on Aave. 

This may have added to the exit queue as panicked yield farmers attempted to convert stETH back to ETH, or sell it on secondary markets, observed Marcin Kazmierczak, co-founder at RedStone staking platform. 

Magazine: High conviction that ETH will surge 160%, SOL’s sentiment opportunity: Trade Secrets

]]> https://earlybirdsinvest.com/ether-stumbles-as-eth-validator-exit-queue-hits-18-month-high/feed/ 0 49350 Royal Bitcoin Exit? Bhutan Unloads $60 Million Worth Of BTC https://earlybirdsinvest.com/royal-bitcoin-exit-bhutan-unloads-60-million-worth-of-btc/ https://earlybirdsinvest.com/royal-bitcoin-exit-bhutan-unloads-60-million-worth-of-btc/#respond Tue, 15 Jul 2025 04:08:01 +0000 https://earlybirdsinvest.com/royal-bitcoin-exit-bhutan-unloads-60-million-worth-of-btc/

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In a move that caught many by surprise, the Royal Government of Bhutan sold nearly $60 million worth of Bitcoin in just four days. According to on‑chain data from Arkham Intelligence, the country shifted 512.84 BTC between July 10 and July 14. That haul represents a small slice of its overall stash, but it still adds up to a hefty sum.

Strategic Profit Taking

Based on reports tied to its sovereign investment arm, Bhutan’s wallet sent six separate Bitcoin transfers to Binance during that period.

One single transfer moved 208.56 BTC—about $23.18 million—while others involved 100 BTC, 99 BTC, and smaller chunks. Those sales total $59.47 million, according to Lookonchain’s figures. It looks like the government timed its sales to match Bitcoin’s push into new highs.

Strong Remaining Holdings

Despite those outflows, Bhutan hasn’t given up on crypto. It still holds 11,411 BTC, valued at roughly $1.4 billion at current prices.

According to Arkham’s tracking dashboard, the country’s crypto treasury went from $1.29 billion last week to $1.37 billion by July 14—a jump of $73.33 million in just seven days.

Part of that gain came from a 12.4% intra‑week Bitcoin price rise, which saw the coin climb from $108,000 to $122,000.

BTCUSD trading at $121,235 on the 24-hour chart: TradingView

ETH Balance Steady Amid Price Gains

The government’s Ethereum pile remains at 656 ETH, worth about $1.93 million today. While the quantity of ETH hasn’t changed in the past week, an 18% boost in ETH price has lifted the value of that holding.

News of this has stirred talk about how small changes in a big portfolio can still move the needle when markets run hot.

Image: Pngtree

Context From Earlier Moves

According to reports, Bhutan’s wallet holdings rose from $1.26 billion to $1.30 billion between July 3 and July 10—even after it transferred 213 BTC (worth close to $24 million) to Binance.

Those figures suggest the government is actively managing its crypto stash, trimming exposure when prices spike but letting gains pile up when markets rally.

Market Conditions And Volatility

Bitcoin spent weeks consolidating between $105,000 and $108,000 before blasting past $121,000 on July 13. That same day, Bhutan off‑loaded the $23 million stash.

Around that time, the US slapped new 30% tariffs on the EU and Mexico—moves that might have hurt risk assets in past cycles. Yet Bitcoin shrugged off the news and vaulted to $122,400 on Coinbase.

Featured image from Luxury Travel Magazine, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

]]> https://earlybirdsinvest.com/royal-bitcoin-exit-bhutan-unloads-60-million-worth-of-btc/feed/ 0 47698 Logan Paul’s Ex-Assistant Could Exit CryptoZoo NFT Lawsuit, Judge Says https://earlybirdsinvest.com/logan-pauls-ex-assistant-could-exit-cryptozoo-nft-lawsuit-judge-says/ https://earlybirdsinvest.com/logan-pauls-ex-assistant-could-exit-cryptozoo-nft-lawsuit-judge-says/#respond Sun, 13 Jul 2025 21:33:58 +0000 https://earlybirdsinvest.com/logan-pauls-ex-assistant-could-exit-cryptozoo-nft-lawsuit-judge-says/

A judge has suggested removing Logan Paul’s former assistant from a lawsuit linked to the failed CryptoZoo non-fungible token (NFT) project, according to a court document submitted on July 7.

On July 7, US Magistrate Judge Ronald C. Griffin stated that Danielle Strobel, who once worked closely with Paul and held a small share in CryptoZoo, should not remain in the case.

He explained that the court in Texas does not have the legal authority to require her to defend herself.

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CryptoZoo was presented to the public as a game built on blockchain technology. Buyers were told they could earn rewards through tokens and digital animals. However, the project never became fully active, and the value of the NFTs and tokens dropped quickly.

Strobel’s role in the project involved early access to tokens and some behind-the-scenes tasks, but she did not promote the platform publicly. Judge Griffin noted that her involvement was not aimed at people in Texas, which meant the court could not claim legal control over her part in the case.

The people suing had asked to either update their complaint or investigate more details about Strobel’s involvement. However, the judge denied the request.

He stated that the plaintiffs had not shown that Strobel was aware of or involved in any harmful actions by others working on the project.

Recently, a judge in Barcelona investigated a case involving a failed crypto project that used famous football players to attract investors. What did they discover? Read the full story.

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Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
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]]> https://earlybirdsinvest.com/logan-pauls-ex-assistant-could-exit-cryptozoo-nft-lawsuit-judge-says/feed/ 0 47461 Solana’s Pump.Fun Loses Steam With Exit Scam Rumors, LetsBonk.Fun Claims 54% Of Total Market Share https://earlybirdsinvest.com/solanas-pump-fun-loses-steam-with-exit-scam-rumors-letsbonk-fun-claims-54-of-total-market-share/ https://earlybirdsinvest.com/solanas-pump-fun-loses-steam-with-exit-scam-rumors-letsbonk-fun-claims-54-of-total-market-share/#respond Tue, 08 Jul 2025 16:04:02 +0000 https://earlybirdsinvest.com/solanas-pump-fun-loses-steam-with-exit-scam-rumors-letsbonk-fun-claims-54-of-total-market-share/

Solana meme coin launchpad Pump.fun has lost a significant chunk of its market share to LetsBonk.fun. This comes just ahead of the former’s token generation event, in which the launchpad could raise up to $4 billion. 

Solana’s Pump.fun Loses Dominance To LetsBonk.fun

In an X post, Solana News revealed that Pump.fun has hit a new all-time low with just a 36% market share, while LetsBonk.fun’s market share has surged to 54%. Jup data also confirms this development. At press time, LetsBonk boasts a market share of 48.90%, with a 24-hour trading volume of $539 million. On the other hand, Pump boasts a market share of 39.80%, with a 24-hour trading volume of $438 million. 

Related Reading

This development comes amid Pump.fun’s proposed public token sale, scheduled for July 12. Well-known Solana influencer Lynk has described this token sale as the “final scam” for the meme coin launchpad. The platform has been under heavy criticism for the amount of money that it has extracted from the Solana ecosystem, without incentivizing community members in any way. 

Solana
Source: Solana News on X

Some community members had expected Pump.fun to airdrop its token to rewards platform users instead of conducting a public token sale. Lynk shared details of the public sale, with the meme coin launchpad planning to sell the ‘PUMP’ tokens $0.004 each. The token boasts a total supply of 1 trillion, meaning a fully diluted value (FDV) of $4 billion. 

However, Pump.fun plans to raise around $600 million from the public token sale, as only $150 billion tokens will be available. The meme coin launchpad is expected to also conduct a private sale in order to complete its $1 billion capital raise effort, as earlier reported. 

LetsBonk.fun To Keep Dominating Pump.fun

In an X post, crypto influencer Unipcs, also known as ‘Bonk Guy,’ opined that Pump.fun isn’t done, but that LetsBonk.fun will likely continue to be the industry leader. He predicts that this will be the case for the foreseeable future. He outlined several reasons why he believes this would be the case. 

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Firstly, he stated that LetsBonk’s pro-creator, pro-people, pro-Solana ecosystem alignment is a massive strength over Pump.fun. Secondly, Bonk Guy remarked that the strong culture of support within the BONK ecosystem is incredibly hard to replicate by any other platform in a short period. 

Furthermore, the crypto influencer remarked that Pump.fun had a lot of momentum as a tokenless protocol, especially with a token generation event (TGE). However, LetsBonk.fun was able to flip the platform during this period. As such, Bonk Guy believes that it is hard to see Pump.fun sustainably recover the kind of market share it once had after the TGE event. 

He also suggested that a “non-negligible amount of activity on Pump.fun is inorganic with a lot os users farming on the platform, hoping that there was going to be an airdrop. As such, the influencer believes that the traffic will dry up once the TGE is over.

Solana
SOL trading at $150 on the 1D chart | Source: SOLUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

]]> https://earlybirdsinvest.com/solanas-pump-fun-loses-steam-with-exit-scam-rumors-letsbonk-fun-claims-54-of-total-market-share/feed/ 0 46491 Solana Price Prediction: Spike in “Coin Days Destroyed” Indicator Hints at Whale Exit – Is $100 the Next Stop? https://earlybirdsinvest.com/solana-price-prediction-spike-in-coin-days-destroyed-indicator-hints-at-whale-exit-is-100-the-next-stop/ https://earlybirdsinvest.com/solana-price-prediction-spike-in-coin-days-destroyed-indicator-hints-at-whale-exit-is-100-the-next-stop/#respond Fri, 06 Jun 2025 15:29:01 +0000 https://earlybirdsinvest.com/solana-price-prediction-spike-in-coin-days-destroyed-indicator-hints-at-whale-exit-is-100-the-next-stop/

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Solana Price Prediction: Spike in "Coin Days Destroyed" Indicator Hints at Whale Exit – Is $100 the Next Stop?

The Solana price has dipped by 3% today, with its move to $148.41 coming as the crypto market falls by 4% in the past 24 hours.

The market has reacted badly to yesterday’s very public feud between US President Donald Trump and former backer Elon Musk, with the war of words between the pair sending the US stock market down and, by extension, the crypto market.

This means that SOL is now down by 9% in a week and by 20% in the past fortnight, with the alt also suffering a disappointing 14% drop in the past year.

And to make matters worse, data from glassnode reveals that yesterday witnessed a big spike in terms of coin days destroyed for Solana, meaning that whales dumped large quantities of long-held SOL.

Solana Price Prediction: Spike in “Coin Days Destroyed” Indicator Hints at Whale Exit – Is $100 the Next Stop?

Posting on X, glassnode revealed that June 3 saw the third-biggest total for coin days destroyed for SOL in the year to date, at 3.55 billion SOL.

What this means is that investors who had held their SOL for a long time finally capitulated and dumped their tokens on the market, a bad sign as far as faith in the Solana price goes.

Significantly, the other big spikes in coin days spent preceded falls in the Solana price, as a whales presumably drove market sentiment downwards.

As such, SOL may have a difficult weekend ahead, with its chart today reinforcing the negative picture.

Most alarmingly, its 30-day average (orange) has just dropped below the 200-day (blue), forming a death cross that usually heralds incoming dumps.

We also see its RSI (purple) dropping almost to 30 today, another sign of strong selling pressure.

Solana price chart.

Having had a good few weeks between the second half of April and second half of May, it now seems that the Solana price could be in for a rough ride in the near term.

It will be interesting to see whether it can avoid falling below the $145 support level, since if it avoids such a drop it may rebound quickly.

If not, it could fall to $140 or $130 before correcting upwards, although its longer term prognosis is much better.

Given that Solana is not only the second-biggest layer-one network, but is also looking forward to a couple of big upgrades (e.g. Firedancer and Alpenglow), it could have a strong end to the summer.

It could reach $250 by September, while the possibility of Solana ETF approvals could send it to £350 or higher by the end of the year.

New Solana-Based Tokens with Big Potential

Because Solana may be something of a slow burner this year, traders may want to diversify into newer tokens, in order to increase their exposure to potential market-beating rallies.

This means that they should investigate new coins, including presale tokens that will be listing on exchanges in the coming weeks.

A very good example of such a coin is Snorter (SNORT), a Solana-based meme token that has now raised over $450,000 in its recently begun sale.

Snorter tweet.

Snorter is much more than a meme coin, however, with the project also launching a trading bot once its sale ends.

Its trading bot boasts numerous features which distinguish it from its competitors, including automated sniping (so that users can make profitable trades early), copy trading, atomic swaps, MEV protection, and rugpull protection.

Its native token, SNORT, will have a max supply of 500 million tokens, with 10% of this available to the presale.

Holders will be able to stake the token for a passive income, while they will also need it to access the Snorter trading bot and its various features.

It could therefore become hugely popular, with investors able to join its sale now by going to the Snorter website.

SNORT is selling at $0.0943, although this will rise regularly until the sale ends, at which point the coin will list and potentially surge.


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