According to KookCapitalLLC on Twitter, rumors have surfaced regarding Fartchain being officially backed by Solana, suggesting a major upside for Fartcoin holders. However, independent analysis and official statements from Solana Foundation and Solana Labs show no evidence or confirmation of any partnership or backing of Fartchain as of May 1, 2025 (source: @KookCapitalLLC, Solana Foundation official blog). Traders should exercise caution, as trading decisions based on unverified rumors could lead to significant risk. Monitoring official Solana channels and on-chain data is recommended for verified updates.