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Fitell adds 216m PUMP tokens in accelerated Solana pivot
NFT Gaming

Fitell adds 216m PUMP tokens in accelerated Solana pivot

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Fitell is staking a significant portion of its capital on a memecoin platform’s token, allocating $1.5 million for 216.8 million PUMP tokens just one month after securing a $100 million facility dedicated to Solana accumulation.

Summary

  • Fitell added 216.8 million PUMP tokens worth $1.5 million to its treasury.
  • The move follows a $100m facility to expand Solana-based digital assets.
  • It marks the company’s shift from gym equipment retail to crypto-focused strategy.

In a press release dated Oct. 2, the Taren Point, Australia-based Fitell Corporation (NASDAQ: FTEL) confirmed it executed the purchase of 216.8 million PUMP tokens a day earlier. CEO Sam Lu characterized the move as a swift transition “from decision to execution,” framing it as a strategic step to deepen the company’s involvement in the Solana network.

“We are deepening our participation in Solana’s growth story, while diversifying our digital asset treasury to position us to capture long-term growth opportunities for our stakeholders,” Lu said.

Launched through its ICO in July this year, the PUMP token serves as the core asset for the Pump.fun launchpad, a dominant platform for memecoin creation on the Solana blockchain. The token traded at $0.007 at last check and was up over 92% in the last 30 days, according to crypto.news data.

Fitell’s pivot from fitness to Solana treasury

Fitell’s embrace of Solana began in late September, when the company announced the launch of a digital asset treasury backed by a $100 million financing facility. The initiative made Fitell the first Australian firm to anchor its treasury around Solana, with the goal of becoming one of the region’s largest publicly listed holders of the token.

Until recently, the company’s core business had been selling fitness and gym equipment through its Gym Direct subsidiary, which has served more than 100,000 customers in Australia. The sudden tilt into crypto marks a striking departure from its retail origins.

The company’s roadmap, outlined in a September announcement, reveals ambitions that extend far beyond simple asset accumulation. Fitell has articulated a clear DeFi and yield generation strategy, aiming to deploy its Solana assets across a suite of on-chain “structured products.” This includes advanced financial instruments like options and liquidity provisioning, all designed to generate what the company calls “outsized yields” and “alpha generation.”

To cement this new identity, Fitell has initiated a corporate overhaul. The company is taking steps toward a dual listing on the Australian Securities Exchange (ASX) and has announced plans to formally rebrand as “Solana Australia Corporation.” This intended name change leaves little doubt about its future strategic focus, positioning itself as a dedicated vehicle for Solana ecosystem exposure for public market investors.



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olana ($SOL), Memecoin, and Pump.fun ($PUMP) News: Galaxy Digital’s Key Findings

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Memecoins, once dismissed as little more than internet jokes, have cemented themselves as a permanent fixture of the crypto economy, according to new research from Galaxy Digital.

In a report published Wednesday, research analyst Will Owens argues that the sector has matured into a cultural and economic force in its own right. Galaxy estimates digital assets tied to memes now represent a meaningful share of trading activity and investor interest, extending well beyond Dogecoin and Shiba Inu.

A cultural and trading phenomenon

Owens wrote that memecoins “capture attention and capital” by blending humor with financial speculation, making them uniquely effective at onboarding new participants into crypto.

Galaxy’s research cites the growing number of users interacting with memecoins not only as traders but also as community members who build narratives, memes and digital identities around the tokens.

On the trading side, Owens notes that memecoins consistently generate some of the highest liquidity and fee volumes in the industry, rivaling mainstream assets. Their volatility, he added, has turned them into a reliable revenue source for exchanges and liquidity providers.

Pump.fun and infrastructure shifts

One of the most striking developments highlighted in the report is the rise of Pump.fun, a Solana-based platform that lets anyone launch a memecoin in minutes. Galaxy said the service has turbocharged activity in 2025, creating thousands of new tokens and contributing to record-high fee generation on Solana.

While many of these tokens fade quickly, Owens argued the platform illustrates how memecoins are reshaping crypto’s infrastructure. He believes that by driving experimentation in token issuance, liquidity bootstrapping and trading mechanics, memecoins are helping to pressure-test blockchain ecosystems at scale.

Long-term implications

The report cautioned that most memecoins remain speculative and short-lived, but said the broader trend is undeniable: the sector is no longer a passing fad. “Memecoins are here to stay,” Owens wrote, emphasizing their ability to sustain user engagement and influence protocol economics across multiple chains.

Galaxy concludes that memecoins have moved beyond being a market sideshow, evolving into a structural component of crypto culture, trading and infrastructure.



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Best Meme Coins to Buy as Dogecoin 730% Pump Might Come Soon
Crypto Trends

Best Meme Coins to Buy as Dogecoin 730% Pump Might Come Soon

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

One of the biggest reasons why 2025 is being looked at as one of the biggest years for crypto – not only in terms of performance so far but also for what’s coming in the months ahead – is Dogecoin’s rise.

Given Dogecoin’s place and importance in the crypto space, especially in the altcoin sector, it’s only natural that analysts everywhere are diving deep into its analysis, trying to guess where it could head next, and how bold a move it could churn out.

Such a rally wouldn’t just suggest a great buying opportunity in Dogecoin itself, but also perfect timing to position yourself in other low-cap, high-upside meme coins.

Read on as we unpack one of the latest and most talked-about Dogecoin analyses – a price prediction from a crypto analyst who believes Dogecoin could be on its way to a 730% pump – and how you can make the most of it by buying the best meme coins right now.

DOGE Poised for a 730% Pump

We’re talking about Javon Marks – or @JavonTM1 on X – who posts to nearly 60K followers and is an ardent crypto analyst.

His recent Dogecoin analysis suggests the token is now gearing up for a third bullish cycle, as you can see in the image below.

Source: @JavonTM1 on X

Cycle 1 was when Dogecoin first shot to fame in 2017, rising around 12,000% in three years.

Then came Cycle 2 in 2021, when Dogecoin surged nearly 25,000%. Now, the trader believes a third cycle could be on its way.

Since future price predictions venture into uncharted territory, the trader has used Fibonacci extensions to arrive at potential upside targets.

  • He believes that if we see a similar jump in performance as in the past two cycles, Dogecoin could easily 20x from here and hit $5.30.
  • That said, he also offered a more conservative target, suggesting Dogecoin should at least hit $2.28, which still represents a massive 730% gain from current price levels.

With that in mind, this could potentially be one of the best times to stack your crypto portfolio with under-the-radar meme coins that could rise alongside Dogecoin.

Here are our top 3 suggestions.

1. Maxi Doge ($MAXI) – Upcoming Dogecoin-Themed Meme Coin with 1000x Potential

Maxi Doge ($MAXI) is an exciting new meme coin bringing the unfiltered aura of a fiery mascot the crypto world has been waiting for.

To fully understand $MAXI’s potential, you’ll need to know where it comes from. Think of Maxi as Dogecoin’s distant cousin.

Naturally, with Doge being the first mainstream meme coin, he dominated all family gatherings, leaving Maxi lonely, humiliated, and frustrated.

That’s when Maxi Doge decided to hit the gym, chug protein shakes, and craft the perfect revenge plot to return as DOGE’s ultimate nemesis.

Now, $MAXI intends to be the next 1000x crypto. How? The project has set aside a whopping 40% of its total token supply for advertising campaigns, social media marketing, and influencer partnerships.

There will also be exclusive holder-only events, including weekly trading competitions with leaderboard prizes.

The idea is to build a loyal community of $MAXI traders and HODLers who believe in the token’s degen spirit and absurd mission of taking down Dogecoin.

While most presale projects aim for CEX and DEX listings, $MAXI plans to go a step further and secure listings on future platforms as well.

This will allow high-risk, high-reward crypto traders to slam the leverage pedal and have a real shot at making life-changing gains, all thanks to $MAXI.

Currently in presale, Maxi Doge has already raised over $2.41M from early investors, with each token priced at just $0.0002585. Here’s how to buy $MAXI.

According to our Maxi Doge price prediction, the token could hit $0.0024 by year-end – representing a mouth-watering 820% return.

Visit $MAXI’s official website to learn more about its absurd mission, roadmap, and tokenomics.

2. PEPENODE ($PEPENODE) – Unique Mine-to-Earn Pepe-Themed Meme Coin

PEPENODE ($PEPENODE) is a unique mine-to-earn cryptocurrency project that lets you build virtual mining rigs and earn rewards in the form of free $PEPENODE (native crypto), $FARTCOIN, and $PEPE tokens.

Normally, crypto mining involves expensive hardware and high electricity costs, which makes it inaccessible to the average participant.

PEPENODE changes that by offering a cost-effective alternative through its gamified virtual mining rigs, complete with real-life-like dashboards featuring parameters like hashrate, energy, and rewards.

Every user starts with an empty server room. From there, you buy ‘nodes,’ which are mining components powered by $PEPENODE. Each node increases your rig’s mining capacity.

You can also sync different nodes to boost capacity. It’s worth noting that various permutations and combinations of nodes deliver different boost levels, giving you room to experiment, buy nodes, and optimize your setup.

The best part? Nodes purchased in the early stages have higher mining capacity. This early participation incentive means you can start with a basic rig and eventually upgrade to a massive mining farm.

Moreover, these nodes can also be upgraded or sold, making the ecosystem far more interactive than most presale projects.

The $PEPENODE presale is just getting started but has already raised over $1.38M. Check out our guide on how to buy PEPENODE for help with the purchase.

Right now, 1 $PEPENODE is available for just $0.001070. According to our PEPENODE price prediction, a $100 investment today could turn into $670 by the end of 2026.

Visit $PEPENODE’s official website to learn more about its first-of-its-kind mine-to-earn system.

3. Boba Cat ($BOBA) – Philanthropy Crypto Project Advocating for Cat Shelters Worldwide

Boba Cat ($BOBA) is inspired by the real-life cat of Dogecoin founder Billy Marcus.

But don’t mistake $BOBA for a simple meme coin built around a pet animal; it’s actually a true philanthropist project that supports pet shelters and highlights blockchain’s role in charity.

For instance, $BOBA has already donated $84K across 8 countries, supporting nearly 16 shelters.

Beyond donations, the project also aims to educate non-profit organizations and agencies about cryptocurrency adoption and blockchain technology, helping to increase transparency and address operational challenges.

$BOBA token holders also get the opportunity to participate in governance decisions, voting on key proposals such as partnerships or platform changes. You can even contribute directly by donating $BOBA tokens.

All things considered, it’s no wonder $BOBA has seen a massive price surge. It has gained 1,332% in the last 7 days and 262% in the past 24 hours. It’s currently trading around $0.05943.

Recap: With Dogecoin primed for a chonky rally in the coming weeks, the stage is set for low-cap, high-upside meme coins like Maxi Doge ($MAXI), PEPENODE ($PEPENODE), and Boba Cat ($BOBA) to emerge as the next big breakout winners.

Disclaimer: None of the above constitutes financial advice. The crypto market is highly volatile and unpredictable, so kindly do your own research before investing.

Authored by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/best-meme-coins-to-buy-as-dogecoin-pump-might-come-soon

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.



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Pump.fun’s PUMP Slumps as Meme Coin Market Stumbles

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In brief

  • The native token for meme coin launchpad Pump.fun led losses among crypto’s meme economy Friday morning.
  • Dogecoin, PEPE, BONK and other top meme tokens also lost ground, underperforming Bitcoin and Ethereum.
  • Gaming token Immutable jumped 17% on the day, buoyed by partnerships and broader altcoin momentum.

Meme coin markets cooled on Friday morning as Solana token launchpad Pump.fun’s flagship token tumbled by 9.2% in 24 hours, leading a wider retreat across the sector.

The token, now priced at $0.007213, has nevertheless surged 142% over the past 30 days. PUMP remains just 11.5% below its all-time high of $0.008819, reached September 14, per CoinGecko data. The mobile app has seen daily active users rise 450% in the past three months, according to company figures.

On prediction market Myriad (launched by Decrypt’s parent company DASTAN), users flipped on PUMP’s chances overnight. On Thursday, predictors placed a 54% chance on its market cap hitting $4 billion before it dropped to $2 billion. By Friday morning, users placed a 66% chance of its market cap dropping to the lower bound.

The downturn extended across the Pump.fun ecosystem, with its market cap slipping 6% to $3.85 billion. Notable losses included TROLL (down 10%) and Aura (down 12%), while smaller declines hit Fartcoin, PNUT and Moo Deng.

More established meme players mirrored the slump. Dogecoin slid 3.6%, Pudgy Penguins’ PUDGY dipped by 5.1%, PEPE and BONK notched declines, and newer entrants like CHILLGUY and HarryPotterObamaSonic10Inu (ETH) fell 7.6% and 6.4% respectively. Collectively, the meme market shed 4.8% over the past day, shrinking to $87.2 billion.

The losses contrasted with relatively mild dips for major cryptocurrencies. Bitcoin eased down 0.8% to $116,263, while Ethereum fell 1.3% to $4,521 amid ongoing staking concerns that have made yield strategies less reliable for holders.

Altcoins rally

Outside the meme sector, altcoins have rallied over the past days. Analysts suggest the SEC’s move to approve generic listing standards for crypto exchange-traded products may also add further fuel for select altcoins.

Gaming-linked crypto also showed some resilience. Immutable’s IMX token rallied 17% Thursday and 47% over the past week, lifted by the Federal Reserve’s recent rate cut and a string of industry partnerships, including with Ubisoft and NetMarble.



The momentum comes despite broader struggles in the crypto gaming space, where unsustainable token launches have forced multiple shutdowns this year.

This week, the first ETF with spot exposure to DOGE launched. Its initial rollout surpassed analyst expectations. “My over/under got destroyed in the first hour of trading as DOJE already posted nearly $6M in volume,” Bloomberg Senior ETF Analyst Eric Balchunas tweeted. “That’s shockingly solid. Most ETFs trade under $1M on day one.”

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Pump.fun’s PUMP Rewards Diamond Hands With 4X in 7 Weeks: Analysis

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In brief

  • Pump.fun’s PUMP has rocketed 77% over the last week, driven by aggressive buybacks and platform dominance.
  • The charts are flashing strong bullish signals.
  • But users on the Myriad prediction market are still bearish. Here’s why.

The crypto market continues its dance of consolidation, with Bitcoin and Ethereum more or less trading sideways as traders and investors await the Federal Reserve’s next move.

But while the crypto majors tread water ahead of Wednesday’s eagerly anticipated decision on interest rates, one token is stealing the show with a face-melting 77% weekly rally: Pump.fun’s PUMP.

Defying both its own doomers and the typical seasonal market slump in September, the Solana-based Pump is proving the naysayers wrong and rewarding its diamond hands. It’s gone from July’s worst-performing token to September’s comeback king.



Here’s what’s going on, and what the charts have to say about it:

Pump.fun’s PUMP price: The buy signal was real

Pump.fun might as well have told its bagholders: “If you can’t handle me at my worst, you don’t deserve me at my best.”

Those who had the stomach to handle PUMP’s nearly 70% dip after its July launch are now all in the green—the coin is 63% up from its ICO price and up nearly 270% from the bottom.

PUMP’s remarkable turnaround validates our analysis from July, when we called the bottom near $0.0023. The actual bottom turned out to be $0.00227—so, very close.

Pump.fun (PUMP) price data. Image: Tradingview

How did this happen? It can be summed up like this:

Pump.fun, the Solana meme coin launchpad responsible for millions upon millions of tokens entering the trenches, launched its own PUMP token in an ICO in July—back when competing token launchpads were nipping at its heels.

The PUMP token sold out in seconds at a $4 billion valuation, generating $600 million in fresh capital for the company. The price of PUMP soared in the immediate aftermath, then cratered almost as quickly. Throughout July and early August, Pump.fun lost ground to competing launchpads—namely Bonk.fun—and the price of PUMP suffered as a result. Then, things changed.

In late July, Pump.fun initiated token buybacks (similar to stock buybacks, for you normies out there), taking profits generated from its launchpad and putting them directly back into the chart, pumping PUMP. The company then introduced “creator rewards” (fees similar to NFT royalties) and other incentives for livestreamers, and it’s been good times for Pump ever since. The platform has regained the ground lost to competitors in July, trading volumes are up, and Pump.fun is back to generating over $1 million in revenue per day.

So, naturally, PUMP is now up 4X from its July bottom. Now, onto the charts:

The Pump token opened today at $0.0086, above an $8.6 billion fully diluted valuation, and since settled at $0.0082. It’s up slightly in the last 24 hours, testing the psychological resistance level of $0.009 marked by its all-time high.

The technical indicators most traders who study charts look at all point to a powerful uptrend, though it is approaching some significant inflection points.

The Relative Strength Index, or RSI, for PUMP is at 79 at the moment, which is deeply overbought. RSI measure measures momentum on a 0-100 scale, where readings above 70 signal overbought conditions. At 79 points, PUMP is flashing some warning signs. This is typically where profit-taking emerges as algorithmic trading systems trigger automatic sales.

Traders would read this as bearish in the immediate term, because most often lock in gains at these extreme levels, potentially triggering a pullback to the $0.007-$0.0075 range before the next leg higher.

This might be why predictors on Myriad—a prediction market built by Decrypt’s parent company, Dastan—are slightly bearish on PUMP at the moment. With PUMP currently at a $2.9 billion market cap, Myriad users believe it’s more likely PUMP dips below $2 billion than spikes above $4 billion, placing odds at 54.3% vs 45.7%.



Another common indicator for technical-analysis-minded traders is the Average Directional Index, or ADX. PUMP’s ADX is at 44, which screams “strong trend in progress.” ADX measures trend strength regardless of direction, with readings above 25 confirming established trends and above 40 indicating extremely powerful momentum.

At 44, PUMP’s ADX gives traders a sense that a long-term bullish trend is in place. In other words, despite a possible correction, there is a reasonable chance of a cup and handle pattern emerging in the chart—the sort that’s formed from a big crash (in July) and recovery (now) followed by a smaller crash and recovery shortly after.

Since the coin is still so young, there is still not enough data to do an exponential moving average comparison. But in shorter timeframes, the coin entered into “golden cross” territory in early September.

A golden cross is when the average price of an asset over short term crosses above the average price over the long term, and it’s widely interpreted by traders as a strong bullish signal.

This is important because price action in shorter timeframes is often noisier than in longer timeframes, but price movements appear on those noisy charts sooner. In other words, extrapolating data, it’s easy to see why traders would conclude a bullish move is in play when short-term averages are moving above slower long-term averages.

Also, the coin has done a 4X in seven weeks. So there’s that, too.

Key levels to watch:

  • Immediate support: $0.0074 (recent consolidation zone)
  • Strong support: $0.0066
  • Immediate resistance: $0.0090 (psychological level near all-time high)
  • Strong resistance: $0.0105 (next Fibonacci extension and potential breakout target)

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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Can PUMP price hit a new ATH amid whale selloff?
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Can PUMP price hit a new ATH amid whale selloff?

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PUMP price rallied over 70% in the past week, driven by its aggressive buyback strategy, even as whales booked profits en masse.

Summary

  • PUMP price is up over 70% on the weekly time frame.
  • Whales and smart money have been dumping their PUMP holdings.
  • PUMP is trading within an ascending parallel channel pattern, which could position it for a 20% upside rally.

According to data from crypto.news, Pump.fun (PUMP) was trading at $0.0083 last check Sep. 16 afternoon Asian time, up 71% over the past week and 260% from its lowest point in July. At this price, the token is just 5.4% below its recent all-time high of $0.0088. 

However, PUMP’s current rally could face the risk of a pullback as whales have started offloading their holdings lately. 

Data from Nansen shows that the total amount of tokens held by whale wallets has dropped 25% over the past seven days to 19.39 billion. At the same time, tokens held by Smart Money wallets and public figures’ wallets have also declined by 48% and 9%, respectively.

Source: Nansen

Even though sell-offs from whales and high-profile holders often trigger retail FOMO, which leads to increased selling pressure, so far, it has failed to hamper PUMP’s upside rally.

Pump’s price rally over the past week has been fueled by several catalysts, with the most prominent being Pump.fun’s aggressive buyback program initiated in early July. As per reports, the project has purchased nearly $95 million worth of PUMP tokens from the open market since it began the strategy.

When a project repurchases its own tokens, it reduces the number of tokens available in circulation. Such a reduction in supply increases scarcity, which can help support the token’s price if demand continues to remain high, as is the case with PUMP.

Another factor that has been fueling PUMP price is the introduction of a new creator revenue-sharing program along with the reactivation of its livestreaming feature on the platform. Notably, Pump.fun now allocates 50% of its PumpSwap DEX revenue directly to builders on the platform, giving them a strong incentive to remain active within the ecosystem.

In a recent X announcement, the platform revealed it paid out over $4 million to creators this week alone, the majority of which went to first-time creators. The development suggests that Pump.fun is aiming to support emerging builders on the platform, which has helped enhance user engagement and add further hype around the token.

Other bullish developments include PUMP securing a listing on Binance, the world’s largest crypto exchange, and its mobile app nearing the top 100 ranks. Both milestones have boosted the token’s visibility, which in turn could attract more investors.

That being said, once selling pressure wanes, the bullish developments surrounding the token could provide the foundation for its next leg higher.

On the 4-hour chart, PUMP price has formed an ascending parallel channel pattern over the past week. An ascending parallel channel is a bullish continuation pattern formed when an asset’s price trades within a channel formed by higher highs and higher lows.

PUMP price has formed an ascending parallel channel pattern on the 4-hour chart — Sep. 16 | Source: crypto.news

In the meantime, PUMP’s 50-day simple moving average was above the 200-day SMA, thereby completing a golden cross. When this signal appears, it is often a sign that market sentiment may be shifting from bearish to bullish.

On the daily timeframe, the MACD lines have formed a positive crossover. This adds to the bullish bias, reinforcing the possibility of continued upward momentum as traders respond to improving technical conditions and renewed buying interest.

PUMP MACD chart — Sep. 16 | Source: crypto.news

Provided PUMP remains within the ascending parallel channel, the next target is the psychological resistance at $0.01, about 20% above the current level. A breakout above this with strong volume would put the token into short-term price discovery.

On the other hand, if the price falls below $0.007, the 78.6% Fibonacci retracement level, the setup would be invalidated and could lead to a drop toward $0.0065, the next retracement support.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.



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Helius Shares Pump 141% Amid $500 Million Raise for Solana Treasury

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In brief

  • Publicly traded Helius Medical Technologies announced that it’s raising $500 million to establish a Solana treasury.
  • The firm’s stock price rose by more than 141% as of the close of trading Monday.
  • Helius Medical Technologies is not affiliated with notable Solana infrastructure startup, Helius.

Medical devices manufacturer Helius Medical Technologies has raised $500 million through a private placement in public equity (PIPE) to create a Solana treasury, the company announced on Monday, part of a growing list of Nasdaq-traded companies shifting their focus to accumulate SOL.

Venture capital firms Pantera Capital and Summer Capital led the offering, which also included Big Brain Holdings, Avenir, FalconX, Arrington Capital, Animoca Brands, and HashKey Capital, among others. The offering is expected to close on or around Thursday.

“We believe that Solana is a category-defining blockchain and the foundation on which a new financial system will be built,” said Dan Morehead, founder and managing partner of Pantera Capital.

The announcement follows closely after several others in recent months involving Solana treasuries as companies—many of them struggling—seek ways to benefit from the surge in digital asset markets. Their efforts have, in turn, helped fuel the rally in crypto prices this year. Solana was recently trading at $233, up nearly 60% over the past three months.

A Myriad market showed that investors are upbeat about Solana, with 90% of them saying it would sooner rise to $250 rather than sink to $130.

(Disclosure: Myriad is a prediction market and engagement platform developed by DASTAN, parent company of an editorially independent Decrypt.)



Helius shares closed at $18.27, up about 141% in Monday trading, regaining a small portion of ground it has lost over the past year. HSDT hit over $772 last December.

Participants in the PIPE, which Helius said was “oversubscribed,” purchased common stock (and/or pre-funded warrants to purchase shares) for $6.81 and stapled warrants to buy shares with an exercise price equal to $10.13 per stapled warrant. Investors can exercise the stapled warrants for three years from the issue date.

Stapled warrants are contractual agreements that are tied to another security and cannot be exchanged or sold alone. Companies use them to make an offer more inviting for investors.

The announcement led to a humorous moment when Mert Mumtaz, the CEO of Helius—an unaffiliated provider of infrastructure and tooling for Solana developers—wrote on Twitter that he had received more than 50 messages assuming his company was responsible for the treasury.

some personal news

No, in all seriousness, I’m not involved with this at all — the name is yet another coincidence.

The universe is quite literally trolling me at this point

Again: I am not involved, neither is @heliuslabs nor Helium nor Helio nor Heliux nor Helicopter https://t.co/u0HbDs0ydr

— mert | helius.dev (@0xMert_) September 15, 2025

“I’m not involved with this at all,” the prominent Solana ecosystem personality noted, adding: “The universe is quite literally trolling me at this point. Again: I am not involved, neither is Helius Labs nor Helium nor Helio nor Heliux nor Helicopter.”

On Monday, medical design firm Forward Industries completed its first major Solana acquisition, becoming the largest publicly traded Solana treasury after amassing nearly $1.6 billion worth of SOL.

Last week, Canada-based SOL Strategies started trading on the Nasdaq Exchange, increasing its exposure to investors beyond the Canadian Stock Exchange and OTC markets. The firm has about $100 million worth of SOL in its treasury, though users have pledged a much larger tally to its network validator business. Based on its August business update, SOL Strategies now has 3.6 million SOL delegated to its validators, or greater than $820 million in assets under delegation.

Earlier this month, medical device packaging company Sharps Technology announced the acquisition of 2 million Solana, creating a $400 million treasury. Over the past three weeks, DeFi Development Corp, previously known as Janover—a real estate financing platform turned AI services firm—has added more than 603,000 SOL, bringing its tally above 2 million SOL.

Consumer products manufacturer Upexi now also holds more than 2 million Solana, nearly tripling its total, after multiple SOL purchases since June. And Classover, an edtech company, announced in June that it had purchased about 6,500 SOL as the first step in a plan backed by a $500 million convertible note program dedicated to acquiring and staking SOL.

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PUMP price eyes 29% rally backed by token buybacks and fresh demand
NFT Gaming

PUMP price eyes 29% rally backed by token buybacks and fresh demand

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PUMP price rallied for the fourth straight day as Pump.fun bought back over $12 million worth of PUMP tokens from the market.

Summary

  • PUMP price shot up 40% over the past week.
  • Pump.fun bought back over $12 million worth of PUMP tokens.
  • $0.0058 marks the next projected target based on technicals.

According to data from crypto.news, Pump.fun (PUMP) was trading at $0.0045, up 40% over the past 7 days and 73% above its lowest point in August. The token’s daily trading volume was at $466 million while its market cap stood at over $1.62 billion as of press time.

PUMP’s rally this week was primarily driven by Pump.fun’s buyback of nearly $12.2 million worth of PUMP tokens from the open market.

When a project buys back its own tokens, it reduces its circulating supply, thereby increasing scarcity and potentially supporting the token’s price gains.

PUMP crypto also rallied amid renewed investor hype after the token briefly surpassed Hyperliquid, a decentralized exchange and Layer 1 blockchain, in 24-hour revenue on Sept. 4.

More broadly, the token’s recent gains have also been supported by Pump.fun’s strategic overhaul called Project Ascend, introduced on Sep. 2. The initiative focuses on empowering creators on the Pump.fun platform and intends to scale its ecosystem by 100x while also strengthening the long-term viability of memecoins launched through the platform.

Further, data from Nansen shows renewed demand from whales and public figures over the past week.

Notably, the balance of tokens held by whale wallets rose from 21.95 billion on Aug. 29 to 22.53 billion as of press time. Holdings by public figures also increased by 8%, climbing from 442.8 million to 478.88 million over the same period.

Source: Nansen

When whales and influential figures accumulate a token, it often sparks increased interest from retail investors, many of whom buy in due to FOMO (fear of missing out), driving price appreciation for the asset.

PUMP price has been trading within an ascending parallel channel pattern since the beginning of September, as shown on the 4-hour chart.

PUMP price forms an ascending parallel channel pattern on the 4-hour chart — Sep. 5 | Source: crypto.news

The token is approaching a breakout above $0.0046, a key resistance level that PUMP must surpass to confirm further upside momentum.

Additionally, the 50-day simple moving average has recently crossed above the 200-day SMA, forming a golden cross, a classic bullish signal that strengthens the case for continued gains in the short term.

Based on this setup, PUMP is likely to remain within the ascending channel, with the next target at the $0.0050 psychological resistance. A decisive move above this threshold could pave the way for a rally toward $0.0058, the level projected by the 161.8% Fibonacci extension. The target remains 29% above the current price level.

Conversely, a drop below $0.0042 would invalidate the bullish structure and could open the door to a potential reversal.



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Pump Token Soars 10% After Pump.fun’s $12 Million Buyback
Crypto Trends

PUMP Token Soars 10% After Pump.fun’s $12 Million Buyback

by admin



The most popular memecoin launchpad on Solana (SOL), Pump.fun, has declared another big buyback of its native token, PUMP. The action increased investor confidence since the token price soared 10% amid a wider crypto market decline.

Pump.fun, in a statement posted on X, affirmed that it had spent $12.19 million on PUMP purchases between August 28 and September 3.

over the past week, pump fun purchased $12,192,383 in $PUMP tokens, which equates to 98.23% of total revenue for that period (Aug 28-Sept 3)$PUMP purchases have now offset the total circulating supply by 5.363% – an increase of 1.102% over the past week pic.twitter.com/ajfBs0IDTO

— pump.fun (@pumpdotfun) September 4, 2025

This represents 98.23% of its weekly income, indicating that the platform is highly determined to minimize supply and maintain the value of the token.

This recent action means Pump.fun has now spent almost $72 million on buybacks since the program was launched, reducing circulating supply by 5.36%. The platform had previously bought back $33 million of tokens in early August, which triggered a 15% surge and solidified its market leadership.

PUMP Price Increases even with market correction

After the news of the buyback, PUMP recovered at the support of $0.0040 to trade at approximately 0.004406 on September 4. This 10% increase was against the backdrop of the overall crypto market losing 2.2% of its capitalization, and PUMP was among the few altcoins that have performed positively.

Pump.fun also remains the leader in the memecoin space of Solana. The platform took 75% of the activity, minting almost 27,000 tokens in 24 hours with a trading volume of $403 million, significantly surpassing the competitor LetsBONK.fun by $80 million.

Project Ascend Generates Long-term Hope

On top of this, Pump.fun recently introduced a new upgrade, Project Ascend, that will make token launches more sustainable. The project presents Dynamic Fees V1, a tiered fee structure that will lower fees to creators as projects scale.

The launch of Project Ascend triggered a 14% surge in PUMP price as it promises long-term benefits for streamers, startups, and creators. With buybacks and innovation combined, Pump.fun is cementing its role as the powerhouse of Solana’s memecoin ecosystem.

Also Read: PumpFun Overtakes Hyperliquid in 24 Hour Revenue Generation





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Crypto Trends

XRP Hits a Wall, Solana Slips, and Pump Puffs Its Chest: Analysis

by admin



In brief

  • XRP momentum has faded after breaking an eight-year all-time high price.
  • Solana charts tell a different story today than the price action would indicate.
  • And Pump’s PUMP is pumping once again, but can it last?

The crypto market has rolled into September with characteristic uncertainty, as “Red September” fears collide with mounting optimism over Federal Reserve rate cuts.

The Crypto Fear and Greed Index is currently at 51 out of 100, reflecting retail caution in “neutral” territory. Meanwhile, markets are pricing in a 91.7% probability of a rate cut this month following Fed Chair Jerome Powell’s dovish remarks at Jackson Hole. The broader market context shows increased volatility, with the Dow Jones Industrial Average falling around 250 points, while the S&P 500 dropped about 0.7% earlier this week.

Meanwhile, U.S. Treasury yields rose, with the 30-year jumping 5 basis points to trade around 4.97%, eyeing the key 5% level—a threshold that historically pressures risk assets including crypto.



And within a sea of red on the crypto market charts today, three coins stand out as worthy of special attention: XRP, Solana, and Pump.fun’s PUMP. Here’s what the charts are saying:

XRP price: Testing critical support

XRP’s price action today reflects broader market caution, with the token opening at $2.8442 before sliding to close at $2.8112, marking a 1.16% decline. The price movements respected both the triangle pattern and the resistance zones of the moving averages. The intraday high of $2.8623 couldn’t be sustained as selling pressure emerged, pushing prices to test the daily low of $2.7864.

The technical picture reveals a market in consolidation. The Relative Strength Index, or RSI, at 43 indicates slightly bearish momentum without reaching oversold conditions. RSI measures market momentum on a scale from 0 to 100, with numbers over 70 suggesting overbought conditions and under 30 indicating oversold.

XRP at the moment looks like a market that’s lost upward momentum but hasn’t capitulated. When RSI falls below 50 but stays above 30, it typically signals a cooling-off period where buyers are stepping back without panic selling emerging.

Considering the current pattern, this suggests XRP could trade sideways or slightly lower before finding its next directional move, maintaining the triangle formation throughout all September.

The Average Directional Index, or ADX, for XRP is at 20 and deserves special attention. ADX measures trend strength on a scale from 0-100, where readings below 20 indicate no clear trend, 20-25 suggest a developing trend, and above 25 confirms strong directional movement. XRP’s current ADX readings show the market lacks conviction in either direction.

Traders would interpret this as bearish because it suggests the recent bullish trend that took XRP to new highs is losing steam without a bullish reversal yet emerging. Traders typically avoid positions when ADX is below 20, waiting for clearer signals.

XRP’s chart shows a descending triangle pattern from August peaks near $3.60, with lower highs creating downward pressure while the $2.80 level acts as horizontal support.

Exponential moving averages, or EMAs, provide traders with a view of potential price supports and resistances by assessing the average price of an asset over the short, medium, or long term.

The 50-day EMA positioned above the 200-day EMA is widely interpreted as a bullish long-term structure, because it shows prices over the short term are outpacing prices over the longer term. But the narrowing gap between these averages for XRP warns of potential bearish crossover if weakness persists.

The Squeeze Momentum Indicator points to a volatility compression phase that often precedes significant moves, which is also a logical textbook conclusion for triangle patterns.

This price movement can change as markets digest their expectations on XRP spot ETF applications, with final decisions expected between October 18 and October 25, 2025, in the middle of the traditionally bullish month.

Key Levels:

  • Immediate support: $2.7580 (horizontal support zone)
  • Strong support: $2.4725 (July consolidation low)
  • Immediate resistance: $2.90 (psychological level)
  • Strong resistance: $3.0000 (major psychological barrier)

Solana: Alpenglow in the spotlight

Solana’s 3.06% decline from $210.76 to $204.32 comes despite positive news for the blockchain network. Solana revealed that 99% of its community voted in favor of the upcoming Alpenglow upgrade, which promises to give the already fast network a speed boost, yet sellers dominated today’s trading.

The token peaked at $212.01 before bears took control, driving prices to test $201 support.

The RSI at 55 presents an interesting divergence from price action. The indicator remains over 50 points, suggesting underlying buying interest is absorbing selling pressure. This is interpreted as accumulation during weakness, with the coin going up despite several indicators flashing red signals.

The ADX at 26 also confirms a solid trending behavior. Unlike XRP’s directionless 19 reading, Solana’s ADX above 25 indicates the current move has momentum behind it. The price action remains clearly bullish, with prices bouncing on a shared support and almost going inside an upwards channel.

The Squeeze Momentum Indicator’s “on” status aligns with the consolidation between $200-$215. The 50-day EMA sitting well below current prices provides dynamic support, though the failure to hold above $210 raises concerns about testing this average near $170. The chart shows SOL respecting an ascending channel’s lower boundary near $200, making this a critical level, with the need to go at least past $220 in the upcoming days if the trend remains solid enough.

Key Levels:

  • Immediate support: $200.00 (psychological and channel support)
  • Strong support: $170.69 (50-day EMA)
  • Immediate resistance: $210.00 (intraday breakdown level)
  • Strong resistance: $220.00 (channel resistance)

PUMP: Momentum despite weak trend

Pump.fun’s PUMP pumped 6.37% to $0.00432 is a big, bright light amid broader market weakness. The Solana meme coin launchpad Pump.fun has just introduced “Project Ascend,” a sweeping upgrade featuring a new dynamic fee system designed to better reward creators without killing trading volume.

The token tested resistance at $0.0045000 before settling near current levels, with the $0.0039719 low successfully defended. It is the second best performing token in the top 100 coins by market cap, beating all projects besides Memecore.

The token behaved as expected in our August 6 analysis: The double bottom pattern made it grow, breaking the first resistance zone at $0.003567 two days ago and the stronger $0.004113 today.

The RSI at 64 approaches but hasn’t reached overbought territory above 70. This sweet spot between 60-70 often marks the strongest phase of uptrends. Historical data shows tokens can sustain RSI between 60-70 for weeks during bull runs, and it would be normal to happen. But being so young, and having a use case tied to the volatile world of meme coins, could play against its credibility.

Coming from a heavy crash, the ADX at 14 tempers bullish enthusiasm. This exceptionally weak reading indicates the upward move lacks trending characteristics. It’s more likely a bounce within a range than the start of a sustained rally. When ADX remains below 20 during price gains, it typically signals choppy, news-driven moves that quickly reverse once the catalyst fades.

The coin is too young to show 200-day moving averages. But the four-hour charts are already in golden cross formation, which traders would widely recognize as bullish. And that’s something optimistic traders might be closely watching to see how it develops.

Key Levels:

  • Immediate support: $0.0035 (range bottom)
  • Strong support: $0.00257 (resistance around the double bottom zone)
  • Immediate resistance: $0.0074 (minor resistance)
  • Strong resistance: $0.0053 (range top)

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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