According to KookCapitalLLC, Solana may be losing its position as the top altcoin, with strong indications that this could be its last cycle as the leading 'it' asset. The analysis highlights the importance for traders to start planning their exit strategies. Furthermore, if Pump Fun launches its own blockchain, it could significantly diminish Solana's market relevance. The source emphasizes that tokens used as 'degen money' to buy trending assets often dictate market flows, suggesting a shift away from SOL could impact liquidity and trading volumes across major decentralized exchanges. (Source: KookCapitalLLC on Twitter, June 1, 2025)