According to sns.sol on Twitter, Solana Name Service has introduced a system where users collect dots to earn badges. This new feature may increase user engagement and on-chain activity for SNS-related tokens, potentially impacting Solana ecosystem token trading volumes and NFT market activity. Verified by sns.sol's official Twitter post on May 10, 2025, traders should monitor SNS and related Solana assets for potential volume spikes and short-term price action as user participation in gamified features rises.

According to Lookonchain, Pumpfun (@pumpdotfun) has deposited 105,233 SOL ($15.86 million) to Kraken, bringing their total Kraken deposits to 3,202,498 SOL ($591 million) at an average price of $185. Additionally, Pumpfun sold 264,373 SOL for $41.64 million USDC at $158 per SOL. These significant transfers and sales could indicate continued selling pressure for SOL on Kraken, potentially impacting near-term price movements and liquidity. Traders should closely monitor SOL inflows to exchanges as they may signal further volatility. Source: Lookonchain via Twitter.

According to Solana Daily and Cointelegraph, Solana (SOL) has experienced increased network activity and notable price volatility in the last 48 hours. On-chain data from Solscan reveals that daily active addresses surged by 12%, driven by renewed interest in Solana DeFi projects and NFT launches. Major DEX Jupiter announced a milestone of $4 billion in weekly trading volume, contributing to the uptick in ecosystem engagement (source: @JupiterExchange). Meanwhile, Binance confirmed the listing of a new Solana-based token, further expanding trading options for SOL holders (source: @binance). Traders are closely monitoring the $140 support zone, as a drop below this level could trigger further downside, while sustained volume above $150 may indicate a bullish reversal (source: @coingecko, @tradingview).